Energy News – A Roundup of Significant Articles on ForeignAffairs.co.nz for June 11, 2025

Energy News: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 11, 2025.

MIL-OSI Submissions: Australia – Understanding the decline in FCAS prices in Australia – GridBeyond
Source: GridBeyond Sydney, 10 June 2025 – In recent years, Frequency Control Ancillary Services (FCAS) have provided a lucrative revenue stream for many I&C energy users. But recent FCAS prices have seen a significant decline. In its latest White Paper, Understanding the decline in FCAS prices, energy technology company GridBeyond explores the reasons why FCAS […]

MIL-OSI Russia: The Caribbean Challenge: Fostering Growth and Resilience Amidst Global Uncertainty
Source: IMF – News in Russian June 10, 2025 As prepared for delivery Introduction and Road Map Good evening, everyone. It is a great pleasure to join you here in Brasilia for the 55th Annual Meeting of the Caribbean Development Bank (CDB or the Bank). Thank you Valerie for your very kind introduction. I also […]

MIL-OSI Europe: Answer to a written question – Balance between renewable energy and territorial sustainability: measures to avoid saturation of large-scale projects in Aragon and encourage self-consumption – E-001027/2025(ASW)
Source: European Parliament Renewable power generation is key to lower energy prices, reinforce EU’s competitiveness and energy autonomy and achieve EU’s decarbonisation objectives. Mindful of the importance of balancing energy generation with other public interests, EU legislation has established a comprehensive legal framework to fully explore synergies for land and encourage the multiple use of […]

MIL-OSI Europe: Answer to a written question – Changes to Commissioner Jørgensen’s mission letter – E-000416/2025(ASW)
Source: European Parliament The communication on the 2040 climate target[1] and its Impact Assessment confirm that all zero and low carbon solutions, including renewables and nuclear, are necessary to decarbonise the energy system by 2040. A greater share of renewables in 2040 is thus necessary to meet our climate goals in the most cost-effective way, […]

MIL-OSI Europe: Answer to a written question – Follow-up on the European Council’s call for long-term investment planning on interconnecting the EU energy market – E-001304/2025(ASW)
Source: European Parliament As outlined in the Affordable Energy Action Plan[1], there is a clear and urgent need to develop energy system interconnections to strengthen our Energy Union in order to lower energy costs, enhance competitiveness and ensure an independent and secure energy system. Investments in grids and interconnectors will be particularly instrumental. Investing EUR 2 billion […]

MIL-OSI Europe: Answer to a written question – Impact of national restrictions on strategic autonomy and uranium supply in the EU – E-001097/2025(ASW)
Source: European Parliament A diversified uranium supply is important for enhancing security of supply in the nuclear sector. As per EU Treaties, the Commission cannot take a position on national policies for the use of their natural uranium resources when compliant with the applicable Euratom legislation[1]. The global uranium market is diversified, with many suppliers […]

MIL-OSI Europe: Written question – Joint military exercise between Azerbaijan and IRGC in Nagorno-Karabakh and implications for EU sanctions policy – E-002165/2025
Source: European Parliament Question for written answer  E-002165/2025to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security PolicyRule 144Afroditi Latinopoulou (PfE) Between 12 and 21 May 2025, Azerbaijani special forces and the ground forces of Iran’s Islamic Revolutionary Guard Corps (IRGC) held a joint military exercise called ‘Aras-2025’ […]

MIL-OSI Europe: Written question – The need to strengthen the role of the new cohesion policy in deep renovations, energy upgrading of housing and affordable housing – E-002173/2025
Source: European Parliament Question for written answer  E-002173/2025to the CommissionRule 144Elena Kountoura (The Left) Buildings account for approximately 40 % of total energy consumption in the EU and 36 % of CO₂ emissions, making them a key driver of climate change.[1] Decarbonising the building stock through deep renovations is essential to achieving the EU’s climate […]

MIL-OSI USA: Congressman Fry (SC-07) Urges Administration to Uphold Offshore Drilling Ban off South Carolina’s Coast
Source: Congressman Fry (SC-07) Urges Administration to Uphold Offshore Drilling Ban off South Carolina’s Coast Washington, D.C. – Congressman Russell Fry (SC-07) sent a letter to the U.S. Secretary of the Interior Doug Burgum urging the Department of the Interior to maintain the moratorium on offshore oil and gas leasing off the South Carolina coast. […]

MIL-OSI USA: Energy Secretary Wright Testifies Before House Energy Subcommittee on FY2026 Budget Request
Source: US Department of Energy WASHINGTON— U.S. Secretary of Energy Chris Wright testified today before the U.S. House Energy Subcommittee on the Department of Energy’s Fiscal Year 2026 budget request. Last month, Secretary Wright testified before the U.S. Senate Appropriations Subcommittee on Energy and Water Development and the U.S. House Appropriations Subcommittee on Energy and […]

MIL-OSI Economics: Phillips 66 to Speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference
Source: Phillips Phillips 66 to Speak at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference HOUSTON–(BUSINESS WIRE)– Mark Lashier, chairman and CEO of Phillips 66 (NYSE: PSX), will participate in a fireside chat at the J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference at 10:55 a.m. ET on Tuesday, June 24, 2025. […]

MIL-OSI Economics: CanREA applauds BC Hydro for moving forward with capacity RFEOIs
Source: – Press Release/Statement: Headline: CanREA applauds BC Hydro for moving forward with capacity RFEOIs CanREA members eager to inform future procurements by highlighting the role of storage in BC’s clean energy transition.  Toronto, June 10, 2025—The Canadian Renewable Energy Association (CanREA) welcomes two new clean energy RFEOIs in British Columbia, as recently announced by […]

MIL-OSI Economics: UN Ocean Conference 2025
Source: WTO Headline: UN Ocean Conference 2025 Your Excellencies H.E. Minister Marina Silva (Brazil) and H.E. Minister Stavros Papastavrou (Greece), the two Co-Chairs of this session, Excellencies, ladies and gentlemen, First allow me to thank President Macron and UNSG Guterres and Costa Rica for co-hosting this important conference. (Brazil will host COP30, and Greece hosted […]

MIL-OSI USA: Ricketts Discusses Unleashing American Energy for Strengthening American Diplomacy
US Senate News: Source: United States Senator Pete Ricketts (Nebraska) WASHINGTON, D.C. – Today, during a Senate Foreign Relations Committee hearing, U.S. Senator Pete Ricketts (R-NE) discussed the role of American energy production in international diplomacy. Ricketts underscored the importance of energy production for success in the competition with Communist China. “Last month, I hosted a bipartisan tabletop exercise […]

MIL-OSI USA: Artificial Intelligence Models Improve Efficiency of Battery Diagnostics
Source: US National Renewable Energy Laboratory NREL-Developed Neural Networks Uncover New Insights Into Battery Health NREL’s battery researchers are turning to cutting-edge artificial intelligence models to optimize battery performance for a new generation of energy storage. Photo by Werner Slocum, NREL Resilient energy systems depend on reliable batteries. The lithium-ion (Li-ion) batteries powering our world […]

MIL-OSI Economics: EIA expects low crude oil prices and declining rig count to affect U.S. crude oil production trends through 2026
Source: US Energy Information Administration – EIA Headline: EIA expects low crude oil prices and declining rig count to affect U.S. crude oil production trends through 2026 U.S. ENERGY INFORMATION ADMINISTRATIONWASHINGTON DC 20585 FOR IMMEDIATE RELEASEJune 10, 2025 The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to fall to near $60 […]

MIL-OSI Global: Rosebank oilfield: why more UK oil means more global emissions
Source: The Conversation – UK – By Fergus Green, Associate Professor in Political Theory and Public Policy, UCL Frode Koppang / shutterstock The UK government will soon face a momentous decision over whether to approve production in the Rosebank oilfield off the coast of Shetland. Rosebank is the UK’s biggest undeveloped field. Its proponents – […]

MIL-OSI USA: EIA expects low crude oil prices and declining rig count to affect U.S. crude oil production trends through 2026
Source: US Energy Information Administration U.S. ENERGY INFORMATION ADMINISTRATIONWASHINGTON DC 20585 FOR IMMEDIATE RELEASEJune 10, 2025 The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to fall to near $60 per barrel by the end of the year and to average about $59 per barrel in 2026. EIA expects the low price […]

MIL-OSI USA: Kennedy in the LOGA Industry Report: GOP mission to clear Biden admin’s red tape will help Louisiana energy producers thrive
US Senate News: Source: United States Senator John Kennedy (Louisiana) WASHINGTON – Sen. John Kennedy (R-La.) penned this column for the Louisiana Oil and Gas Association (LOGA) Industry Report explaining how Congressional Republicans are working with the Trump administration to clear red tape to help unleash America’s energy dominance. Key excerpts of the op-ed are […]

MIL-OSI United Kingdom: Energy Minister asks NDA to explore clean energy at Moorside
Source: United Kingdom – Executive Government & Departments 2 Press release Energy Minister asks NDA to explore clean energy at Moorside Energy Minister Michael Shanks asks the Nuclear Decommissioning Authority to explore clean energy at Moorside. Nuclear Decommissioning Authority and Cumberland Council to explore clean energy development in Cumbria – protecting billpayers and supporting new […]