뉴스 | 12186g | "POWER" | 오픈뉴스백과

OilPrice

중도 성향

산업

Can AI Save More Energy Than It Consumes?

The artificial intelligence boom has created unprecedented pressure and anxiety in the energy industry. The public and private sector alike are expending enormous amounts of effort trying to quantify the amount of electricity that will be needed to power data centers in the near future, and get ahead of the skyrocketing energy demands headed for our already outdated and beleaguered electric grids. But the answer to the energy monster that AI is unleashing could very well lie in the application of AI tools. A new article published by Biglaw firm…

OilPrice

중도 성향

산업

Brazil Launches World-First Ethanol-Powered Grid Engine

Brazil is undertaking a major biofuels experiment that could be majorly disruptive for the global energy landscape if it proves effective. The South American country is filthy rich in biomass, and is seeking to use ethanol in novel applications – in this case, to power the energy grid. A new ethanol-powered engine designed specifically to provide electricity to the grid was just launched at the Suape II power plant in Pernambuco, in a world first. Brazilian energy company Suape Energia has partnered with Finnish technology firm Wärtsilä…

OilPrice

중도 성향

산업

Venezuela’s Debt Overhaul Faces New Controversy

When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The removal of a long-serving head of state is almost always followed by economic chaos. Following the removal of Saddam Hussein, Iraq’s oil production fell by 36%, and its economy shrank by almost a quarter. But Venezuela, against considerable odds, has avoided that fate. President Delcy Rodríguez has stabilized the home front while reopening the country’s oil industry to American capital at a rapid rate. But…

OilPrice

중도 성향

산업

KEPCO Wins $1.4-Billion power Project for $100-Billion Saudi Jafurah Field

South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) has won a $1.4-billion deal with Saudi oil giant Aramco to build and operate Phase 2 of Saudi Arabia’s Jafurah cogeneration power plant at the major gas project estimated to need $100 billion of total investments. KEPCO’s cogeneration project entails building a 331-MW cogeneration facility capable of producing about 465 tons of steam per hour by June 2029. The plant is expected to supply electricity and steam to Aramco for 17 years, generating an estimated 2.1…

OilPrice

중도 성향

산업

America's Rare Earth Reckoning Could Create a New Strategic Powerhouse

As the Pentagon’s 2027 ban on Chinese-origin rare earth materials moves closer, REalloys (NASDAQ: ALOY) is locking down exclusive control of the biggest heavy rare earth metallization systems outside of China. The company says its $20.6 million investment into the Saskatchewan Research Council’s (SRC) rare earth processing facility in Saskatoon secures exclusive preferred rights to up to 80% of expanded production capacity — including commercial-scale NdPr, dysprosium, and terbium output that “no other Western company has…

OilPrice

중도 성향

산업

Why America’s Gas Power Boom Could End in Disaster

There are over 100 new gas fired power stations under construction in the US. The US Energy Information Administration (EIA) projects that domestic gas demand will rise 6% next year as some of those new plants enter commercial operation. All we can say is this is not likely to be a blip but rather a new, higher, demand baseline. These new gas power plants are designed to last more than thirty years. As we’ve said before, this is the transition in central station power generation that the US utility industry has long hoped for. And it…

OilPrice

중도 성향

산업

House Passes War Powers Measure on Iran, But Trump Will Likely Kill It

The House voted 215-208 on Wednesday to direct President Donald Trump to withdraw U.S. forces from the Iran conflict, with four Republicans crossing the aisle in the most significant congressional pushback on Operation Epic Fury since the war began Feb. 28. The resolution, introduced by Rep. Gregory Meeks (D-N.Y.), invokes the 1973 War Powers Act and directs Trump to remove U.S. armed forces from hostilities with Iran unless Congress formally declares war or authorizes the use of military force. Under the Act, Trump now has 30 days to comply, unless…

OilPrice

중도 성향

산업

Pakistan Rushes to Secure LNG as Summer Power Demand Surges

Pakistan has issued a new tender for LNG, to the amount of 1 million tons, The Nation reported today, citing the seasonal increase in electricity demand as summer heat sets in. This is the fourth LNG tender for the spot market over the last two months as the country grapples with the fallout from the war in the Middle East. Not all of these tenders have resulted in delivery contracts as in some cases even the lowest bids were deemed too expensive for Pakistan LNG Limited, the state-owned operator. Pakistan has relied on Qatar's term LNG supply…

OilPrice

중도 성향

산업

India’s Solar Boom Runs Into a Grid Reckoning

A regulatory overhaul of India’s grid has sparked fears in the solar power industry that they may suffer a negative impact on profitability. The overhaul includes a stipulation regarding penalties for solar generators if they fail to deliver the electricity that they have committed to supply to the grid, Reuters reported. India's electricity grid is expanding at a slower pace than the boom in solar energy installations, leading to an increased share of solar curtailments and threatening to slow the solar and wind boom in the world's most…

OilPrice

중도 성향

산업

Trump Plans $700 Million Lifeline for U.S. Coal Power Plants

President Donald Trump plans to allocate a support package of $700 million for coal power generation, Reuters has reported, citing an unnamed White House official ahead of a formal announcement by the U.S. President. The plan is to invoke the 1950 Defense Production Act, which grants the president of the country powers to provide financial support to industries considered critical for national security. The money will be used to upgrade more than 12 coal power plants, the report said. Of the total sum, more than 50% would go towards coal power…

OilPrice

중도 성향

산업

Nuclear Startups Are in "Advanced Negotiations" to Buy Cold War Plutonium

As nuclear energy regains favor around the globe, competition for nuclear fuel is heating up. In an era of multiple and compounding energy crises driven by conflict, climate, and the power-hungry artificial intelligence boom, nuclear has resurfaced as a highly strategic option for building up energy security and independence for many nations around the world. But nuclear fuels supply chains are highly concentrated, and many of them are controlled by Russia, presenting critical geopolitical tradeoffs. Today, there are only five plants in the world…

OilPrice

중도 성향

산업

BlackRock-Backed Atlas Renewable Freezes $1 Billion in Brazil Solar Projects

High curtailment rates and the national grid operator frequently rejecting renewable power have prompted BlackRock-backed Atlas Renewable Energy, one of the biggest solar power producers in South America, to halt $1 billion in planned investment in Brazil, the company’s chief executive Carlos Barrera told Reuters on Wednesday. “There’s at least … 1.5 gigawatts that we put on hold in Brazil, where we had planned to already start construction,” the executive told Reuters on the sidelines of the SNEC photovoltaic conference…

OilPrice

중도 성향

산업

Russia Weighs $50 Million Plan to Influence Armenia’s Election

Russia has mulled an extraordinary measure of exporting humans to Armenia in an effort to undermine Prime Minister Nikol Pashinyan’s chances of retaining power in the fast-approaching parliamentary elections on June 7, according to an investigative report published by the Reuters news agency. Despite the Kremlin’s best efforts to manipulate the election’s outcome, recent polling data shows that Pashinyan’s Civil Contract Party is pulling away from a collection of opposition forces and appears increasingly…

OilPrice

중도 성향

산업

IEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak

The International Energy Agency (IEA) has warned that global oil markets could enter a "red zone" in July and August as rapidly depleting crude inventories coincide with the onset of peak summer fuel demand. The Northern Hemisphere is also entering its highest seasonal period for fuel consumption, with the situation compounded by severe global heatwaves that are straining power grids. According to the energy watchdog, global oil inventories fell by over 250 million barrels between March and May, with on-land commercial and strategic stockpiles…

OilPrice

중도 성향

산업

China Solar Makers Launch Space Energy Development Alliance

China’s solar manufacturing industry on Tuesday launched a so-called Space Energy Development Alliance as the Chinese solar sector looks to conquering new frontiers amid oversupply at home. At this year’s SNEC PV+ conference in Shanghai, one of the biggest solar industry gatherings in the world, Chinese manufacturers launched the platform, but were stingy on details about projects or missions in the race to harness solar power in space. GCL Technology Holdings Ltd, Trina Solar Co, and Shi Zhengrong, founder of Suntech Power Holdings…

OilPrice

중도 성향

산업

China’s LNG Imports Recover Ahead of Peak Cooling Season

China imported 4.9 million tons of liquefied natural gas last month, a slight increase on an annual basis, Bloomberg reported today, citing shipping data. The rebound comes ahead of a likely jump in electricity demand over the summer as air-conditioning demand rises. The May figure is also a reversal of import trends from the previous few months, which booked a series of declines amid crimped supply from the Middle East that led to significantly higher prices, dampening importers’ appetite and greater use of coal for power generation. China’s…

OilPrice

중도 성향

산업

Guyana Emerges as an Oil Winner in the Iran War

In just seven years, Guyana has become one of the fastest-growing oil exporters and global economies and an oil-producing powerhouse with nearly 1 million barrels per day of production capacity. And the war in Iran is only turning up the heat even more. Since ExxonMobil launched production from the offshore Stabroek block in 2019, Guyana’s economy has quadrupled. Oil revenues and royalties have boosted income for the state coffers and gross domestic product (GDP) linked with oil-related activities. Now Guyana, which was one of the poorest…

OilPrice

중도 성향

산업

There's Enough Hydrogen Underground to Power Earth for 170,000 Years

Green hydrogen has been hyped as a silver bullet solution to decarbonize hard-to-abate sectors like steelmaking and industrial shipping for decades now. It can be combusted at high heats like fossil fuels, but leaves behind nothing but water vapor when it burns, rather than world-heating greenhouse gas emissions. So why does green hydrogen still represent less than one percent of all hydrogen production in the United States? The simple answer is that producing green hydrogen is expensive, and usually an inefficient use of the clean energy resources…

OilPrice

중도 성향

산업

Russia's $16 Billion Nuclear Deal With Kazakhstan Lacks One Critical Detail

When can a deal involving Russia be considered as done? When it comes to Russia’s agreement to build Kazakhstan’s first nuclear power plant, it is hard to determine. Kazakh officials announced almost a year ago that Russia’s nuclear energy entity, Rosatom, would build Kazakhstan’s first nuclear plant on the shores of Lake Balkhash. Yet on May 28, Russian leader Vladimir Putin, on a state visit to the Central Asian country, signed an agreement covering the “basic principles and conditions of…

OilPrice

중도 성향

산업

Britain’s Nuclear Renaissance Faces Mounting Cost Pressures

The United Kingdom is focused on diversifying its energy mix away from fossil fuels to boost energy security and support decarbonisation aims. This includes expanding its nuclear power capacity with the development of two large-scale nuclear plants - Sizewell C and Hinkley Point C, as well as developing small modular reactors (SMR). However, its nuclear ambitions have not quite gone to plan, following years of delays and rising construction costs. Sizewell C in Suffolk, eastern England, received its planning approval in 2022, was greenlit in 2025,…

뉴스

타임라인 키워드

Can AI Save More Energy Than It Consumes?

Brazil Launches World-First Ethanol-Powered Grid Engine

Venezuela’s Debt Overhaul Faces New Controversy

KEPCO Wins $1.4-Billion power Project for $100-Billion Saudi Jafurah Field

America's Rare Earth Reckoning Could Create a New Strategic Powerhouse

Why America’s Gas Power Boom Could End in Disaster

House Passes War Powers Measure on Iran, But Trump Will Likely Kill It

Pakistan Rushes to Secure LNG as Summer Power Demand Surges

India’s Solar Boom Runs Into a Grid Reckoning

Trump Plans $700 Million Lifeline for U.S. Coal Power Plants

Nuclear Startups Are in "Advanced Negotiations" to Buy Cold War Plutonium

BlackRock-Backed Atlas Renewable Freezes $1 Billion in Brazil Solar Projects

Russia Weighs $50 Million Plan to Influence Armenia’s Election

IEA: Global Oil Stocks on Track for Historical Lows Ahead of Summer Peak

China Solar Makers Launch Space Energy Development Alliance

China’s LNG Imports Recover Ahead of Peak Cooling Season

Guyana Emerges as an Oil Winner in the Iran War

There's Enough Hydrogen Underground to Power Earth for 170,000 Years

Russia's $16 Billion Nuclear Deal With Kazakhstan Lacks One Critical Detail

Britain’s Nuclear Renaissance Faces Mounting Cost Pressures