Fair 43°
Tag:

Energy Transition

Business
Shell To Close 1,000 Gas Stations: Here's Why, Company Says Shell To Close 1,000 Gas Stations: Here's Why, Company Says
Shell To Close 1,000 Gas Stations: Here's Why, Company Says One of the nation's major oil companies says it will close 1,000 gas stations. Shell made the announcement in its 2024 Energy Transition Strategy report, saying the measure is “in response to customer needs” and aimed at reallocating those resources towards EV charging stations. Shell said it will close 500 stations in 2024 and the other 500 in 2025. "We believe growth in oil demand is set to slow in the second half of this decade and could start falling in the 2030s because of increasing vehicle efficiency and growth in electric vehicles," the company stated in the report. "Toda…

SHARE

by Joe Lombardi
News
NY State Announces Steps To 'Safely Close' Indian Point Nuclear Power Facility NY State Announces Steps To 'Safely Close' Indian Point Nuclear Power Facility
NY State Announces Steps To 'Safely Close' Indian Point Nuclear Power Facility New York is moving forward with its plan to dismantle and decommission the Indian Point nuclear power facility in the Hudson Valley. 
Gov. Andrew Cuomo announced a joint proposal on Thursday, April 15 with Holtec International and its subsidiaries to "safely close Indian Point” located in Buchanan, in Northern Westchester near the Putnam County border. In 2017, Entergy - the owner of Indian Point - agreed to close the last two operating units at the Indian Point site, with Unit 2 powering down in April last year and Unit 3 set to cease operation this month. According to offi…

SHARE

by Zak Failla