Utilities
Iran Energy Shock Supports Boom in Renewables and Electrification
Solar power will be the single-largest source of electricity by 2032, BloombergNEF researchers said in their annual New Energy Outlook report.
China Burns More Fossil Fuels for Power as Coal Production Slips
China’s thermal power generation grew for a fourth straight month in April even as coal output fell, highlighting the challenges Beijing faces in continuing to buffer its economy from the global energy crisis stemming from the war in Iran.
Chinese Oil Refiners Slash Output After Crude Imports Plunge
Plunging crude imports forced Chinese oil processors to sharply reduce output last month, with runs in the state-owned sector dropping to multiyear lows.
