Page 4 - Key Capture News Today

Theres A Big Hole In The Argument That Ditching Fossil Fuels Will Kill Jobs The clean energy transition isnt Big Oils only problem. Oil and gas jobs have been disappearing for a long time. Hoptocopter via Getty Images Even if oil demand and prices increase post-pandemic, many of the industrys lost jobs are unlikely to come back. Every time a politician talks about climate policy or a newspaper runs a big story on the transition from fossil fuels to renewable energy, the question of jobs comes u...

New York utility Con Edison has signed its biggest energy storage contract to date, a 100-megawatt/400-megawatt-hour lithium-ion battery project that will help balance a grid facing rising levels of offshore wind and other renewable power in the years to come.  Under the contract announced Wednesday, developer 174 Power Global will build the battery system, and Con Edison will bid its power into New York wholesale energy markets for seven years after it starts operations in 2022. After that,...