Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
Category: Heating
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
The New York Times – Business: -
How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps
The New York Times – Business:Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs.
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Why the Iran War May Force Countries to Rely Less on Natural Gas
The New York Times – Business:The U.S. and other exporters are poised for a windfall, but disruptions to Persian Gulf supplies are also pushing gas-buying countries to consider alternatives like coal, solar and nuclear energy.
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business:Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
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New Geothermal Technology Aims to Produce Clean Energy in Germany
The New York Times – Business:Developers are using a new geothermal technology in Germany to produce clean energy.
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Energy Bills Have Soared Recently. How Can States Bring Costs Down?
Energy experts said that governors and legislatures have tools to keep electricity prices from rising further, and might even be able to lower them.
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Why Some Cold States Are Making It Cheaper to Run a Heat Pump
New discounts can make heat pumps go from a bad investment to a good idea.
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Storm Poses Big Threats to Power Grids Across U.S.
Managers of electric grids say freezing temperatures and ice and snow could lead to power outages in many places, potentially leaving millions in the dark.
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Heating Costs Expected to Rise 9.2% This Winter
Colder weather and rising electricity and fuel costs will lead to a big jump in costs for individuals, according to estimates from a group representing state energy officials.
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How to Deal With Higher Home Heating Bills
There is still time to take advantage of federal tax credits for energy updates. But federal heating aid for low-income people was delayed by the government shutdown.
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Why Eliminating Coal Could Take a Long Time
A mining and processing business in California is replacing one coal plant but says another could stay online for many years.
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California Will Add a Fixed Charge to Electric Bills and Reduce Rates
Officials said the decision would lower bills and encourage people to use cars and appliances that did not use fossil fuels, but some experts said it would discourage energy efficiency.