Giant batteries drain economics of gas power plants

Giant batteries that ensure stable power supply by offsetting intermittent renewable supplies are becoming cheap enough to make developers abandon scores of projects for gas-fired generation world-wide.

Reuters
Powerful storm rolls through eastern Libya, killing at least three

A powerful Mediterranean storm swept through eastern Libya, damaging houses and roads and killing at least three people, government sources and witnesses said on Monday. Two people were missing.

Reuters
Exxon says world set to fail 2°C global warming cap by 2050

Oil and natural gas are still projected to meet more than half of the world’s energy needs in 2050, or 54%, Exxon Mobil Corp <a href="https://www.reuters.com/markets/companies/XOM.N" target="_blank">(XOM.N)</a> said on Monday, with the world failing to keep global temperature increases <a href="/business/cop/whats-difference-between-15c-2c-global-warming-2021-11-07/">below 2 degrees Celsius</a>.

Reuters