Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply. The rare combination... 

Over the past decade, prices for solar panels and wind farms have reached all-time lows. As the saying goes though, the wind isn’t always blowing and the sun isn’t always shining. The question of how to “firm” renewables — that is, ensuring... 

Oil prices are down nearly 50% for the year after OPEC+ talks collapsed and Saudi Arabia announced slashed prices in an apparent price war with Russia. Oil prices fell through the floor in early trading Monday, tanking as much as 30% after Saudi Arabia... 

Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to drive the world’s transition to a low-carbon... 

The International Energy Agency plans to revise down its oil-demand forecasts next week because of the spreading coronavirus. “I am going to announce it Monday morning in Paris,” IEA chief Fatih Birol told a Congressional hearing in Washington on... 

Oil prices fell through the floor in early trading Monday, tanking as much as 30% after Saudi Arabia slashed its crude prices for buyers. The kingdom is reportedly preparing to open the taps in an apparent retaliation for Russia’s unwillingness to... 

Energy storage is set to take an increasingly central role in the global economy, growing almost tenfold over the next decade and a half, new research suggests. The total energy storage market is expected to grow to $546 billion in annual revenue by 2035,... 

Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, causing futures to drop by the most in a week since 2016, as the spread of coronavirus stoked fears that a slowing global economy would hit energy demand. The coronavirus... 

Coal-fired electricity production at the U.K.’s largest power plant is expected to end in March 2021, energy firm Drax said Thursday, with the move leading to between 200 and 230 job losses. Drax Power Station — which is located near the town of... 

Jeff Bezos is throwing his weight — and wealth — behind the fight against climate change months after Amazon employees publicly pressured him and the company to do more to address the issue. The Amazon (AMZN) CEO on Monday announced a new fund to... 

California’s Antelope Valley sits at the edge of the Mojave Desert. In recent years, the desert has seen a farming boom, solar farming that is. Antelope Valley is home to America’s largest solar facility, Solar Star, a sprawling 3200-acre, 579-megawatt... 

When a financial crisis begins to unfold, it’s hard to assess the impact until well after the fact. The dot-com crash that started in 2000 and the subprime mortgage crisis that started in 2007 played out over several years. The S&P 500 recorded...