There is no rocket science to the three basic choices for grappling with a national debt that has doubled in just the last decade and stands at $33.7 trillion, around 124% of GDP: raise taxes, cut spending or do a combination of the two.

We estimate Venezuela’s external debt stands at around US$167 billion. The majority is from the sovereign at US$107 billion, with PDVSA adding US$59 billion and ELECAR another US$1 billion. 21% is arrears due to missed interest payments.

The U.S. Department of Energy (DOE) announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide.

Indonesia’s investment plan, known as the Comprehensive Investment and Policy Plan (CIPP), states that Indonesia aims to increase the share of renewable energy in its power generation to 44% by 2030 (18% in 2022).

A total of $3.5 billion will flow to 58 projects selected in 44 different states for funding. All the named projects are designed to make energy infrastructure climate-proof. Anticipated results include expanding clean energy suppliers, microgrid investments, and significantly increasing gigawatts of renewable energy capacity.

Addressing electric transmission capacity constraints and congestion is an existential necessity to maintain grid reliability while meeting demand.

Funding and support are abundantly available for clean energy projects in America. The federal government has allocated billions in funding to incentivize Americans to move to clean energy.

Partnering entities, including more than 900 businesses, state and local governments, utilities, housing authorities, and other public and private organizations, to date have collectively saved $18.5 billion through efficiency improvements and cut harmful carbon dioxide emissions by nearly 190 million metric tons— an amount roughly equivalent to combined annual emissions of 24 million homes.

The board of directors of Orano has approved an investment of some EUR1.7 billion (USD1.8 billion) to raise the production capacity of the Georges Besse II (GB-II) uranium enrichment plant at the Tricastin site in southern France by more than 30%.

To reduce CO2 emissions, world leaders call for heavy industry to switch from natural gas and coal to hydrogen fuel. When hydrogen burns, the only combustion product is water vapor.

This month, the California Public Utilities Commission announced $200 million for utilities to invest in multi-customer microgrids.

The definition of a Smart City is “a municipality that uses information and communication technologies to increase operational efficiency, share information and improve both the quality of government services and citizen welfare.”

Oil has become the gift that keeps on giving. Aggressive long liquidation leaves the markets exposed to a strong geopolitical bid as it has a direct effect on oil production and transportation in the Middle East.

The U.S. Department of Energy (DOE) announced $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of low-cost, clean hydrogen—a valuable energy product that can be produced with zero or near-zero carbon emissions and is crucial to meeting the President’s climate and energy security goals.

Today announced $3.46 billion for 58 projects across 44 states to strengthen electric grid resilience and reliability across America.