Electricity Prices Surge With Heat Wave
NEW YORK - The summer's heat came a little early this year for large parts of the U.S. stretching from the southwest to the northeast, causing demand and prices for electricity prices to pop higher.
Typically temperatures tend to peak in July and August, but this week they have already hit record levels for this time of the year in places like Houston, Minneapolis and Philadelphia.
"It's certainly an extreme weather pattern," said Accuweather.com meteorologist Dave Houk. "From Texas, Oklahoma, Kansas up to Arkansas, the big heat has been the most persistent and it comes in waves across the northern.
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Vietnam Redefines Offshore Wind Power Regulations
VIETNAM - Vietnam has recently redefined its regulations for offshore wind power projects, marking a significant development in the country's renewable energy ambitions. This strategic shift aims to streamline regulatory processes, enhance project feasibility, and accelerate the deployment of offshore wind energy in Vietnam's coastal regions.
Regulatory Changes
The Vietnamese government has adjusted offshore wind power regulations by extending the allowable distance from shore for wind farms to six nautical miles (approximately 11 kilometers). This expansion from previous limits aims to unlock new areas for development and maximize the utilization of Vietnam's vast offshore wind potential.
Scrapping Depth Restrictions
In…
