Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options. …
News Tag: Fossil Fuels
Global coal exports and power generation hit new highs in 2023
Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports surpassed 1 billion metric tons for the first time as coal’s use in power systems continues to grow despite widespread efforts to cut back on fossil fuels. …
U.S. needs coal
It’s not hard to sense that something extraordinary is happening in the United States: Digital technology has been neglected by policymakers in the nation’s energy demand. The evidence can be found in the vast computer-server farms that move and store data and activate everything from smartphones to laptops to digital TVs and make up the …
Get a load of this: PJM doubles growth forecasts (again)
PJM Interconnection, the grid operator managing the power market and regional transmission planning for all or parts of 13 states in the Mid-Atlantic and Southeast, has once again doubled its annual load growth forecasts, citing “large, unanticipated” changes caused largely by the influx of data centers. …
GM buys out nearly half of its Buick dealers across the country, who opt to not sell EVs
General Motors said nearly half its Buick dealers took buyouts this year rather than invest in selling and servicing electric vehicles as the automaker’s brands transition to all electric by 2030. …
Answer Man: Asheville having electric bus woes? Reservoir water level OK? Will Speaker Mike Johnson be at local dinner?
Why is Asheville discontinuing their purchases of environmentally friendly buses like the four-year old electric vehicles, as well as the 13-year old hybrid buses this coming year with the traditional diesel buses that I thought the city was trying to get away from? And why don’t they look into natural gas as an alternative like …
Fossil fuels still dominate global power systems
Over 60% of global electricity generated so far in 2023 was produced by fossil fuels, despite the ongoing aggressive roll-out of renewable energy sources in every major economy. …
2023 Long-Term Reliability Assessment
This 2023 Long-Term reliability assessment is the Electric Reliability Organization’s independent assessment and comprehensive report on the adequacy of planned BPS resources to reliably meet the electricity demand across North America over the next ten years; it also identifies reliability trends, emerging issues, and potential risks that could impact the long-term reliability, resilience, and security …