Independent estimates indicate that the U.S. needs to expand electricity transmission systems by 60% by 2030 and may need to triple current capacity by 2050 to accommodate the country’s rapidly increasing supply of cheaper, cleaner energy and meet increasing power demand for electric vehicles and electric home heating and reduce power outages from severe weather.

Comparing a Solar Variable Renewable Energy Farm to an On-Demand Base Load Coal Fired Power Station is like saying you can use tomato sauce to replace vegetables.

Historically in the U.S., transmission infrastructure has expanded annually by about 1%. The study explains the country's transmission infrastructure must expand at a pace of 2.3% annually — more than double its current pace.

U.S. Rig Count is up 3 from last week to 782, Canada Rig Count is up 1 from last week to 201.

Brent had edged lower by 13 cents or 0.1% to $89.65 a barrel, WTI rose 13 cents, or 0.2%, to $81.77 a barrel.

Meanwhile, the European Union is continuing talks about ways to limit spikes in gas prices ahead of a meeting of energy ministers next week.

The electric grids at most risk of supply shortfalls are in Texas, the central US system stretching from the Great Lakes to Louisiana, New England and the Carolinas, the North American Electric Reliability Council said in its seasonal assessment Thursday.

Nuclear energy must play a central role in economic relaunch strategies.

The Indonesia Just Energy Transition Partnership (JETP), which will be financed over a period of 3 to 5 years, is also backed by Canada, Denmark, the EU, France, Italy, Germany, Norway and the UK.

Under this strategy, India plans to expand its green hydrogen production, increase electrolyser manufacturing capacity, and increase its nuclear capacity three-fold by 2032 (6.8 GW at the end of 2021).