Tim McDonnell
13 article(s) here · 1 carrying a prediction
🔮 This year, however, an exceptionally strong and possibly even record-breaking El Niño weather pattern — driven by warm ocean surface temperatures in the Pacific — is expected to make for a warm and wet winter in Europe.
🔮 NextEra could be back in the throne soon, however, if US regulators approve its proposed $67 billion merger with Dominion.
🔮 There will still be plenty of losers among data-center financiers, he said.
🔮 “People assume that if you use these billions of dollars and build these clean energy systems, that the demand will just come.
🔮 US President Donald Trump is expected to sign new legislation to step up economic pressure on Russia’s energy sector, over the objections of Democrats worried about handing him new trade powers.
🔮 Meanwhile, the US House is set to vote this week on the Russia sanctions bill championed by the late Sen. Lindsay Graham — but it could be undermined by drooping Republican support and growing Democratic opposition.
🔮 All the big banks, and even the US Energy Information Administration, raised their 2027 price forecasts this week, and several issued research notes making similar arguments about a “new normal” of prolonged disruption in the Strait of Hormuz.
🔮 “Now the situation has dramatically changed,” DTEK’s Maxim Timchenko told journalists: The company will continue to shop for LNG imports, but aims to leverage Ukraine’s vast gas storage facilities far from the front line to make lucrative arbitrage trades with Europe.
🔮 Rising natural gas prices wrought by the Iran war will boost global coal consumption to a new record of nearly 9 billion metric tons this year, the International Energy Agency reported.
🔮 Global investment in low-carbon hydrogen will reach a new high this year, but the nascent industry is close to hitting a bureaucratic cap on its growth, an industry group report warned.
Also by Tim McDonnell
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The Aporia
