Oil Extends Losses After US, Qatar Signal Progress on Iran Draft Deal
Brent crude fell to $80 per barrel as US-Qatar diplomatic progress on Iran eased geopolitical tensions, while President Trump criticized US oil refiners for excessive profits.
South African Energy Tech Company Plentify Partners With Deye To Build Africa’s Largest Residential Virtual Power Plant
South African energy tech company Plentify partnered with Deye to create Africa’s largest residential virtual power plant, coordinating over 160,000 batteries with approximately 2.7 GWh of capacity.
Ministers urged to curb energy costs as Great British homes face 13% bill surge
Great Britain faces a 13% surge in energy bills this week as household costs reach £1,862 annually, with consumer energy debt hitting record highs of nearly £4.8bn.
Lawyers to investigate claims of GB power grid cover-up over blackout risk
Great Britain’s grid operator has commissioned independent investigators to examine claims that staff concealed blackout risks during a heatwave in late June, following allegations of a cover-up by senior management.
Blocking New Imported Inverters Will Cost America
The FCC has added foreign-produced inverters to its “Covered List,” immediately blocking imports of new models from all countries on national security grounds, potentially restricting advanced technologies and increasing electricity costs.
How Geothermal and Nuclear Could Help the U.S. Catch China in the Energy Race
The U.S. may leverage enhanced geothermal and advanced nuclear technologies to compete with China’s clean energy dominance, technologies that enjoy rare bipartisan support and significant government and private investment.