Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.

Trump urges EU to boost US energy imports or face tariffs

Reuters | December 20, 2024 | Energy | International Trade | Commodity

U.S. President-elect Donald Trump said on Friday that the European Union, already the biggest buyer of U.S. energy, should step up U.S. oil and gas imports or face tariffs on the bloc's exports that include goods such as cars and machinery.

U.S. Department of Energy announces $7.1M in support of local energy project planning, siting and permitting

AJOT | December 20, 2024 | Energy

Funding to collaboratives in Illinois, Louisiana, Minnesota, and Virginia will support the planning and evaluation of large-scale renewable energy and energy storage projects.

Energy

AJOT | Top Story | December 20, 2024

Performance of Global Shipping segments to diverge in 2025

We expect demand to grow in oil tankers and dry bulk in 2025, although more slowly than in 2024. The International Energy Agency forecasts oil demand to increase by 1 million barrels per day in 2025, which will be mostly met by supply growth from outside OPEC+. Increased tonne-miles related to oil exports from Russia will support overall demand. Easing of geopolitical tensions and the Red Sea disruptions could affect demand growth.

Trump aims at Biden’s Inflation Reduction Act: EVs, clean energy and manufacturing

Reuters | December 20, 2024 | Energy | Alternative | Green Shipping

Kremlin says any new G7 oil sanctions would backfire and it will adapt

Reuters | December 20, 2024 | Energy

Clean Arctic response to Kerch Strait heavy fuel oil spill from Antiquated Tankers

AJOT | December 20, 2024 | Energy

Responding to the sinking of two Russian oil tankers in the Kerch Strait on December 15th, resulting in a reported spill of around 4,000 tonnes of mazut, a low-grade heavy fuel oil, Dr Sian Prior, Lead Advisor to the Clean Arctic Alliance said...

Dragonfly Energy and Stevens Transport, Inc. champion fleet hybridization with Battle Born® All-Electric APU deal

Dragonfly Energy Holdings Corp. ("Dragonfly Energy" or the "Company"), an industry leader in energy storage and battery technology, today announced that it has secured a large purchase order for delivery of the company's Battle Born® All-Electric APUs from Stevens Transport, Inc., (“Stevens Transport”) one of the largest temperature-controlled freight carriers in North America.

Lhyfe delivers 2.6 tons of renewable green hydrogen in the space of three weeks to Storengy

AJOT | December 19, 2024 | Energy | Alternative

HyPSTER is the first EU-funded renewable hydrogen storage demonstrator in a salt cavern

WinGD completes first full-load running of X-DF-M engine on methanol fuel

India to surpass China as the top source of global oil consumption growth in 2024 and 2025

AJOT | December 19, 2024 | Energy

India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, according to our December Short-Term Energy Outlook (STEO).

Gebrüder Weiss transports solar energy system to support refugees in Uganda

AJOT | December 19, 2024 | Energy | Alternative | Logistics

The global logistics company is transporting a solar energy system free of charge from Vorarlberg to Uganda in East Africa

US sets new Paris climate target that Trump is expected to ignore

Reuters | December 19, 2024 | Energy | Alternative | Green Shipping

Renewable energy produced record 56% of Spain’s electricity in 2024

Reuters | December 19, 2024 | Energy | Alternative

Spain’s electricity demand edges up as renewables break records

Reuters | December 19, 2024 | Energy | Green Shipping

The amount of electricity used in Spain has inched up this year after falling for two consecutive years, with a record 56% coming from renewable sources such as wind and solar, according to estimates on Thursday from grid operator Red Electrica.

Automaking countries press EU to relax rules on CO2 fines

Reuters | December 19, 2024 | Energy | Green Shipping

The leaders of auto manufacturing hubs Germany, Italy and the Czech Republic on Thursday pressured Brussels to waive financial penalties on carmakers that miss EU emissions targets effective from next year.

Tata Steel’s Dutch plant gets year to clean up coke oven

Reuters | December 19, 2024 | Energy | Alternative

Dutch regulators on Thursday threatened to close down one of Tata Steel's main ovens at its massive plant in IJmuiden if it doesn't limit pollution within a year.

State Lands Commission, ports of Long Beach and Humboldt announce offshore wind energy partnership

AJOT | December 18, 2024 | Energy | Alternative | Ports & Terminals

Agreement signals new phase in development of critical renewable energy resource

Nor-Shipping 2025 Thought Leader interview – Enger, CEO, Höegh Autoliners

'We have to move on what's scalable right now. 'There's no time to lose.' Höegh Autoliners CEO Andreas Enger explains the company's rationale behind choosing ammonia to power the last four of its new PCTCs.