Installed capacity of energy storage is expected to more than triple over the next five years, according to a new report.
The path to less expensive, lower emissions electricity systems in the US and EU share many basic features, writes Paul Bledsoe of the German Marshall Fund.
Algeria is in talks with other oil producing countries in an effort to reverse the nearly nine-month plunge in oil prices that have take a toll on major energy exporters.
US crude oil output may fall by half this year, according to a projection by the oil cartel OPEC. That goes against what many predict will be a slowdown in production growth – but not an overall drop.
A domestic oil glut helped bring US crude prices inline with the global benchmark. But in the last month or so, the spread between the two has widened again.