Amid a heat wave in the West, California’s largest solar state, it is struggling with power problems and keeping its electricity grid stable as demand increases. And in the coming sustainable future, those power outages could just be a sign of things to come. Energy consumers in California were warned …
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It has been disappointing for the bulls that oil prices have failed to erupt in recent weeks, despite a flurry of positive news, including declining inventories and reports that OPEC + producers have mostly sticking to their promise cuts. And now the pendulum has swum to the opposite end and …
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Since the days of President Jimmy Carter and the oil crisis of the 1970s, the US has relentlessly pursued the utopia of becoming energy dependent. But with persistent oil crises and severe oil price shocks, it has become abundantly clear that Washington will never achieve true energy independence by relying …
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LONDON (Reuters) – BP (BP.L) will have to invest tens of billions of dollars over the next decades and may have to accept lower returns than it can get from oil if it is to meet its goal of becoming one of the largest innovative power generators in the world. …
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