In 2023 clean energy witnessed one of the toughest years in its short history. Supply chain issues, the energy crisis post Russia’s invasion of Ukraine and the ensuing ramp of interest rates and inflation hit all entities across the natural resources value chain. Clean energy bore the brunt of these global tensions more than other …
News Tag: renewable energy
Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars
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. …
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. …
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 …