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01 / 05
Fusion Breakthrough Could Reduce Cost of Future Power Plant

News | Energy Production

Fusion Breakthrough Could Reduce Cost of Future Power Plant

“TAE Technologies, a private fusion energy company developing the cleanest and safest approach to commercial fusion power, has achieved a first-of-its-kind breakthrough that fundamentally advances the performance, practicality and reactor-readiness of the company’s proprietary fusion technology.

Experimental results published in the peer-reviewed journal Nature Communications prove TAE has invented a streamlined approach to form and optimize plasma that increases efficiency, significantly reduces complexity and cost, and accelerates the company’s path to net energy and commercial fusion power.”

From TAE.

Semafor | Energy Production

Argentina’s Shale Boom Drives a Shift to Net Energy Exports

“Argentina’s shale output is up 28% year-on-year as the country’s pivot to become an energy supplier — rather than buyer — gathers pace. Shale now represents 71% of Argentina’s total production of both oil and gas, and crude has overtaken corn and soy to become its top export; Buenos Aires had a record energy surplus of $7.8 billion last year, after becoming a net exporter in 2024.”

From Semafor.

Yale Environment 360 | Energy Production

The World Adds a Third Terawatt of Solar Power

“In March, the world passed a major energy milestone, adding its third terawatt of solar power. Increasingly, poorer countries are leading the shift to solar, analysts say.

It took nearly seven decades, after the invention of the silicon solar cell in 1954, for the world to install 1 terawatt of solar capacity, conceivably enough to power the entire United States. After passing that milestone in 2022, the world added its second terawatt in 2024 and its third in 2026, Bloomberg reports.

BloombergNEF expects installations will continue apace, with the world hitting 9 terawatts of solar power by 2036. Analysts project that, by that date, poor countries will have installed more solar power than rich countries, China notwithstanding.”

From Yale Environment 360.

Reuters | Energy Production

China Now Generates Less than Half of Its Electricity from Coal

“China, the world's largest coal consumer, generated less than 50% of its ​electricity from the fossil fuel in the six months to June, marking a first ‌for the country, which has been promoting the use of renewable energy, officials said.

Coal's share of the power mix was 49.7%, Xing Yiteng, deputy director general of the energy administration's development and planning office, told a press conference on Thursday.”

From Reuters.

US Energy Information Administration | Energy Production

New LNG Terminal Expands North American Export Capacity

“Energia Costa Azul, the second liquefied natural gas (LNG) export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on July 8, according to the project developer. The completion of the project adds 0.4 billion cubic feet per day (Bcf/d) of nominal export capacity from a single train, tripling Mexico’s LNG export capacity. The facility is the first terminal in Mexico and the second in North America, following LNG Canada, to be located on the Pacific Coast, boosting North American export capacity there to 2.2 Bcf/d. The Pacific Coast location allows for shorter shipping routes to importers in Asia.”

From US Energy Information Administration.