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CommodityOilPrice.com

Geothermal Just Proved It Can Compete With Solar-Plus-Storage on Price

Geothermal has long been the clean, firm power source that was always a few breakthroughs away from being cheap enough to matter. Numbers buried in a Nevada utility filing suggest that day may have arrived. Joel Edwards, co-founder and CTO of geothermal developer Zanskar, put it bluntly earlier this month: "to all the geothermal believers out there, the flippening has come." In NV Energy's 2026…

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Finland President Stubb offers some optimism for Russia-Ukraine peace

There are some incremental positive developments on the road to peace in Ukraine. Finland's President Stubb said this: On a substantive and technical level, we’ve made a lot of progress under the radar in the past week or so towards a peaceful solution to the war in Ukraine. Similarly (though less explicit) Norway's PM said that after meeting with Ukraine On a more substantive note, ABC reports…

CommodityOilPrice.com

EU Stands Firm Against Arctic Oil and Gas Drilling Despite Energy Crisis

The European Union reaffirmed its opposition to Arctic oil and gas development on Tuesday, even as the bloc prepares for another expensive winter with depleted gas storage and prices approaching levels last seen during the 2022 energy crisis. The European Commission's new Arctic strategy calls for keeping oil, coal, and gas reserves in the ground, including in Arctic regions, and preventing…

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