In this episode of the Daily Energy News Beat, Michael Tanner and Stuart Turley discuss various energy-related topics. They cover Germany ending electric vehicle subsidies, the challenges faced by EV companies due to subsidy changes, and the impact on Tesla. They delve into the potential crisis in EU green funds as leaders consider reallocating funds for immigration and defense efforts. The conversation shifts to a shale CEO's transition to a green initiative and the importance of a balanced approach in the energy transition. They also highlight a natural gas expansion project in Texas to add reliable energy to the grid. The episode touches on global oil production volumes affecting OPEC's market share, the growing electricity load in the U.S., and the challenges posed by regulatory issues. The finance segment covers market updates, oil prices, and rig count. The hosts preview upcoming podcast guests, including Paula Glover, CEO of the Alliance to Save Energy. Overall, the episode provides a comprehensive overview of current events in the energy sector.

Highlights of the Podcast

00:00 - Intro

03:08 - Germany Ends Electric Vehicle Subsidies Abruptly In Latest Blow To Tesla

04:31 - EU’s green funds are under the guillotine

06:28 - A Shale Oil CEO’s Second Act: Going Green

09:37 - Natural gas expansion project to add more reliable energy to Texas grid

11:25 - The US isn’t the only one eating into OPEC’s market share — Brazil and Guyana are hitting record oil production volumes

14:40 - US electricity load growth forecast jumps 81% led by data centers, industry: Grid Strategies

14:59 - Rising peak demand, 83 GW of planned retirements create blackout risks for most of US: NERC

17:06 - Markets Update

18:37 - Outro

Please see the links below for articles that we discuss in the podcast.

Germany Ends Electric Vehicle Subsidies Abruptly In Latest Blow To Tesla

Germany on Saturday effectively ended electric vehicle subsidies immediately. Tesla already is losing Model 3 subsidies in France and the U.S. Electric vehicle subsidies are ending in Germany abruptly, the government announced Saturday, a blow […]

EU’s green funds are under the guillotine

Billions of euros earmarked to boost renewable energy and slash emissions are on the cutting block after EU leaders proposed moving them over to fund immigration and defense efforts instead. The move came during this week’s EU […]

A Shale Oil CEO’s Second Act: Going Green

For almost a decade, Tony Sanchez III was the epitome of a shale-boom CEO—furiously drilling oil wells, piling on debt and hunting quail and nilgai with fellow executives near his family’s ranch in South Texas. Then tumbling […]

Natural gas expansion project to add more reliable energy to Texas grid

(The Center Square) – On Thursday, a north Texas-based natural gas energy expansion project was announced to further strengthen the Texas grid. Gov. Greg Abbott, ERCOT President and CEO Pablo Vegas, and Calpine Corporation CEO […]

The US isn’t the only one eating into OPEC’s market share — Brazil and Guyana are hitting record oil production volumes

OPEC+ has seen its oil market share fall to 51% this year, the IEA said Thursday. While US oil output has soared, Guyana and Brazil have also produced record volumes in 2023. Brazil’s output jumped […]

US electricity load growth forecast jumps 81% led by data centers, industry: Grid Strategies

U.S. electric load is growing significantly faster than grid planners previously expected, led by new manufacturing and industry and the growth of data centers, according to a Tuesday report from Grid Strategies. Electrification, hydrogen production […]

Rising peak demand, 83 GW of planned retirements create blackout risks for most of US: NERC

Rising peak demand and the planned retirement of 83 GW of fossil fuel and nuclear generation over the next 10 years creates blackout risks for most of the United States, the North American Electric Reliability Corp. […]

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