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DAILY ENERGY NEWS  | 10/09/2025
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Ending this charade is long overdue.


Fox News (10/6/25) reports: "West Virginia Attorney General John 'JB' McCuskey said Monday that his office is helping lead a new multi-state investigation into big tech firms, alleging they exaggerate their clean-energy commitments — a practice known as 'greenwashing.' McCuskey is joining 15 other state attorneys general, led by Montana’s Austin Knudsen, in probing tech titans Amazon, Google, Meta and Microsoft over claims they are powered entirely by renewable energy. He said those assertions are misleading because the companies rely on renewable energy certificates — credits that let them claim green energy use even while their data centers consume electricity generated by coal and natural gas. 'What’s happening is the left has created this kind of scam system,' McCuskey told Fox News Digital. 'You can pipe electricity into your data center using coal or natural gas, then buy credits from someone producing green energy somewhere else and say you’re not using any carbon fuels,' he explained."

"Offshore wind will be vital to help the state achieve its climate, clean-energy, and grid-reliability goals." 

 

– Adam Stern, Offshore Wind California

Read the room. Offshore wind blows. 


CNBC (10/9/25) reports: "Beleaguered wind farm operator Orsted announced Thursday that it intends to reduce its workforce by a quarter toward the end of 2027, in a bid to become more competitive and refocus its efforts on Europe. Shares were 0.7% higher in European trade on Thursday. The stock came under pressure earlier this year amid concerted efforts from the White House to reduce renewable energy generation in the United States. Orsted currently employs around 8,000 people worldwide, and said it would reduce its headcount by 500 before the end of this year, culminating in a total of 2,000 reductions. The firm will trim employee numbers through natural attrition, cutting positions, divestment, outsourcing, and layoffs, it said. The annual savings for Orsted are expected to amount to 2 billion Danish krona ($311 million) from 2028."

¡No bueno!


Financial Times (10/9/25) reports: "The Spanish grid operator implicated in the Iberian blackout in April has issued an urgent warning over fluctuations in the power system that could again threaten electricity supply. Red Eléctrica, Spain’s grid operator, has sent an “urgent” request to its regulator seeking permission to change its operating procedures to “strengthen” the tools it can use to manage surges in voltage. The extraordinary request is a sign that just over five months since the devastating blackout, which left nearly 60mn people without power across the Iberian peninsula, Spain is yet to eliminate the risk of a repeat. The April blackout was caused by a series of voltage surges that system managers were unable to control. They triggered the collapse of the entire system as a cascade of power plants disconnected from the grid automatically to protect themselves from damage."

The cow fart monitors union is not gonna be happy about this. 


Reuters (10/9/25) reports: "Food group Nestle said on Wednesday it had withdrawn from a global alliance for cutting methane emissions that aims to reduce the impact of dairy farming on global warming. The Dairy Methane Action Alliance was launched in December 2023, with members, which include Danone, Kraft Heinz, and Starbucks, committing to publicly measure and disclose methane emissions from their dairy supply chains and publish plans to reduce those emissions over time. The move is the latest blow to a corporate alliance seeking to limit the impact of global warming, and comes as U.S. President Donald Trump dismantles a range of climate protection initiatives. Several major banks, for example, have left the sector's main group leading efforts to cut carbon emissions. Nestle's logo was removed from the main page of the EDF's website, but the company's name still appears on other pages. The EDF said Nestle had decided to discontinue its membership after reviewing its external partnerships, but gave no reason for the withdrawal."

Energy Markets

 
WTI Crude Oil: ↓ $62.28
Natural Gas: ↓ $3.31
Gasoline: ↓ $3.11
Diesel: ↓ $3.67
Heating Oil: ↑ $230.07
Brent Crude Oil: ↓ $65.97
US Rig Count: ↑ 579

 
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