Browsing: Americas

U.S. residential electricity bills have been on an upward trajectory for years. According to federal energy statistics, the average retail price of electricity for residential customers in 2024 hovered around 15 cents per kilowatt-hour, up materially from a decade earlier.

In a policy shift that breaks with more than four decades of regulatory practice, the Environmental Protection Agency under President…

Spearmint Energy has closed an equity investment with Kyuden International focused on two utility scale battery projects that are already operational, a notable development in ERCOT where rapid load growth and tightening reserve margins have typically seen financing precede lengthy construction timelines.

John Risley’s World Energy GH2 has abandoned plans for a green hydrogen and ammonia plant in Stephenville, Newfoundland, acknowledging that…

LAB7, the venture building arm backed by Saudi Aramco, has taken a strategic stake in U.S. startup Homeostasis to explore an alternative production route that converts carbon dioxide into synthetic graphite.

Global low-carbon hydrogen demand is projected to surge from roughly 1 million tonnes per annum today to nearly 200 million tonnes by 2050, according to Wood Mackenzie, intensifying the search for alternative production pathways.

Chevron is not retreating from hydrocarbons even as it expands its low carbon portfolio. Speaking at the WSJ CEO Council, Chevron CEO Mike Wirth outlined a transition strategy that prioritizes technologies aligned with the company’s existing capabilities and, critically, its return on capital expectations.

The United States’ renewable power capacity is forecast to expand from 414.5 GW in 2024 to approximately 1.06 TW by 2035, more than doubling over the period, despite federal policy shifts emphasizing energy security and domestic manufacturing over climate objectives, according to GlobalData analysis.

Honda Motor Co. is consolidating its electric vehicle strategy in North America by acquiring full ownership of its Ohio battery production facility from LG Energy Solution for approximately $2.9 billion.

Brazil’s federal government has committed more than BRL 59 million to a green hydrogen and ammonia plant in Paraíba, signaling a more targeted phase of the country’s energy transition strategy that links decarbonization with industrial competitiveness and fertilizer security.