According to the U.S. Energy Information Administration (EIA), in 2020, consumption of renewable energy in the US grew for the fifth year in a row, reaching a record high of 11.6 quadrillion Btu, or 12% of total US energy consumption. Renewable energy was the only source of US energy c...
The energy transition is not on track to mitigate the effects of climate change. Take the caseof Shell, whose shareholders recently voted to decelerate the UK-based oil giant's climate targets. Shell had planned to cut its "net carbon intensity" by 20% by 2030 and 45% by 2035, but now...
US Energy Information Administration (EIA): A preliminary investigation into the electricity consumption information of cryptocurrency mining companies operating in the US.The translation is provided by third-party software. The above content is for informational or educational purposes only and does not ...
In September, real personal consumption expenditures (PCE) increased 0.4% after a 0.2% rise in August. For the third quarter of 2024, overall real PCE rose 3.7% (at annual rates), stronger than the 2.8% growth recorded in the second quarter, with spending on goods, specifically durable ...
2024/12/24 08:11 CST Recommend 26 Positive 41 Negative 25 DJIA Ends Up 66 Pts; Nasdaq Outruns to Rise 1%; 'Magnificent 7' Led by Nvidia which Soars 3%+ 2024/12/24 05:04 CST Recommend 9 Positive 12 Negative 5 Durable Goods Orders MoM for Nov in United States is -1.1%, lower than...
Xi also said China will increase its share of non-fossil fuels in primary energy consumption to around 25% during the same period. And “China always honors its commitments,” Xi promised. Prime Minister Narendra Modi said India was ramping up its use of clean energy sources and was on ...
The solar array at the Princeton Resilient Campus is the source of renewable energy that powers the on-site microgrid. Who we are Siemens is the technology company for industry, infrastructure, and transportation, and we provide the operating system for digitally transforming OT. ...
Recent data show that in October, the Personal Consumption Expenditures (PCE) price index rose by 0.2% month-over-month, with an annual increase of 2.3%. This is slightly higher than September's 2.1%, but in line with market expectations. Core PCE, which excludes food and energy, showed ...
The Middle East, meanwhile, is strategically positioned to lead the energy transition by producing renewable energy at competitive rates and replacing domestic hydrocarbon demand with wind and solar power. For instance, Saudi Arabia aims to cut domestic oil ...
1. Source: U.S. Energy Information AdministrationOur solutions Acquisitions Capital Markets Deals Strategy Divestitures Related content Global M&A trends in energy, utilities and resources: 2024 mid-year outlook Velocity of energy transition and industrial reconfiguration create an exciting arena for M&A...