Watt’s Happening aims to provide breaking news, sharp analysis, and thoughtful commentary from the cutting edge of the energy sector as this dynamic area of the world continues to expand and grow before our eyes.

Weekly Highlights:

Happy New Year!

Russia Feels the Oil-Related Blues

Oil is not doing so well. Indeed, largely due to fears of a worsening supply bonanza caused by the fracking revolution and a decrease in demand, oil is on track to see its lowest prices since the COVID-19 pandemic. Indeed, West Texas Intermediate crude oil futures have reached $58 a barrel, and Brent crude futures hit $61 a barrel. This drop in oil prices has hit Russia and the Russian economy very hard, causing Russian oil exports to fall 50 percent this year, especially in the wake of its invasion of Ukraine. To see the Center’s thoughts on the matter, as well as how this will affect Saudi Arabia, go here.

The Power of Battery Storage Rises in Great Britain

Green energy is booming in Great Britain. Data from

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