National Clean Energy Action Month provides a valuable opportunity for the DON to spotlight the importance of energy as a strategic asset and catalyst for mission success. Amongst this year’s successes are advancements in enhanced energy security and shore and operational energy issues, Enhanced Use Leases (EULs) and Marine Energy Development (MED), the Energy &
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) below 17x, you may consider Clearway Energy, Inc. (NYSE:CWEN.A) as a stock to avoid entirely with its 31.8x P/E ratio. Nonetheless, we’d need to dig a little deeper to determine if there is a rational basis for the highly elevated
Eastern Kentucky Power Cooperative will construct or procure 757 megawatts of renewable energy for rural portions of Kentucky, as well as improve the regional transmission grid to support renewable projects and increase energy efficiency. FRANKFORT, Ky. — Up to $1.4 billion in federal funds are going to increase Kentucky’s access to clean energy, education and
A company linked to the United Arab Emirates royals has approached one of the UK’s pioneering green electricity suppliers over a potential takeover. Wiltshire-based Good Energy, which supplies renewable energy to about 245,000 households, said it had received an unsolicited takeover offer from Dubai-based Esyasoft on Friday. Esyasoft, which describes itself as being at the
To win hearts and minds, and to prevent green backlash, net-zero policies must translate into lower bills and better services for ‘ordinary’ households. An inclusive demand flexibility strategy is vital to this. Sophie Yule-Bennett and Euan Graham report. Rapid electrification, decarbonisation and digitalisation of Europe’s energy, buildings and transport systems have been reaffirmed as priority
ASTANA – South Korea’s major energy companies and government agencies congratulated Kazakhstan on the successful holding of the recent referendum and expressed their readiness to provide support in building a nuclear power plant (NPP) at a meeting with a Kazakh delegation led by Energy Minister Almassadam Satkaliyev during his official visit on Oct. 22-25. Energy
The results are an improvement on its second quarter, when revenues fell 30% and profits fell 60%, a set of results it attributed to slower-than-expected growth in the market for electric vehicles (EV), its biggest segment. Expanded sales to European automotive companies, increasing production in the US and Indonesia, and substantial energy storage system (ESS)
Bob and Ann West with Stephen Santa, left, of Santa Energy, the new operator of West Oil. The West name will remain along with the employees, but customers can’t expect some enhancements in the coming months. Bob and Ann West have run the fuel oil company for 40 years. Bob had started working with
A vehicle platform equipped with LG Energy’s batteries displayed at a battery industry fair in Seoul in March 2024 (File photo by Dae-chul Lim) LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous three months on higher sales of products for electric vehicles and energy storage systems (ESS) despite the prolonged global weakness in the clean car sector, pushing up its share price. LG Energy on Monday
On the night of 28 October, Russian troops attacked energy facilities of critical infrastructure in the Konotop district of the Sumy region using Shahed drones. That is according to the Sumy Regional Military Administration, Ukrinform reports. All relevant services are working at the scene. Restoration work is underway. The air defense units of the Ukrainian