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Geothermal power keeps Iceland warm

BLOOMBERG Beneath the road on a snow-dusted mountain in the Hellisheiði region of southwest Iceland, a river of boiling water flows through porous, volcanic rock. Above, thick steel pipes connect to geodesic domes, each of which houses a geothermal well. Steinþór Níelsson, a senior geologist with ISOR (Iceland Geosurvey), parks his car near one of the rounded huts. He and ...

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India’s delayed LNG terminals present hurdle to Modi’s gas goal

BLOOMBERG Several of India’s proposed liquefied natural gas import projects are grappling with delays, posing a fresh challenge to Prime Minister Narendra Modi’s plans to boost use of the fuel. Two floating import terminals missed commissioning targets last year after LNG prices skyrocketed, reducing demand and disrupting import plans, Ayush Agarwal, analyst with S&P Global, said during a media roundtable. ...

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China’s coal power boom is more complex than it seems

BLOOMBERG Last year, although it built few new coal power plants, China permitted more than it had since 2015: 106 gigawatts’ worth. That’s more than six times the amount of coal power permitted in 2022 across the rest of the world. Those are big numbers. But the findings from the Centre for Research on Energy and Clean Air, a Finland-based ...

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