ET Weekly
Energy Terminal Weekly Newsletter
January 9th 2023 | Issue #80 | Subscribe here
Happy Tuesday!
Welcome back to ET weekly, Energy Terminal's weekly newsletter where we cover trends, opportunities, events and updates across the energy industry.
📝 This Week in Energy 🔁
1) 💸 7 Trillion in Fossil Fuel Subsidies:
In 2023, fossil fuel companies received $7 trillion in global subsidies. Does this money still need to be going to fossil fuels as other types of energy increase? Biden's administration has reduced subsidies to fossil fuel production, but this does not necessarily mean away from fossil fuel companies. Many of these companies have begun production of greener forms of energy, which can qualify for incentives. Learn more here
2) France 🤝 Nuclear:
France is looking to build up to 14 more nuclear plants. Nuclear is at the heart of France's carbon neutrality by 2050 plan, and the decision regarding these reactors will be debated in parliament in late January. Learn more here
3) 📉 Spain's Decreased Electricity Demand:
Spain's electricity demand has decreased 2.3% for the second year in a row. In the wake of the energy crisis, industrial consumers are consuming less electricity. As renewable production in Spain soars, sources wonder if too many forms of energy are being produced. Learn more here
😖 Stressed about energy jobs?
Apply for Energy Terminal's Community Hub. The Hub has resources, job boards, company contacts and workshops to help introduce you to leaders in the energy space. Lots of exciting events are coming in 2024!
🚨 Top 3 Job Opportunities 🚨
1) Generation Renewable Energy Intern, EPRI
EPRI's energy research portfolio offers collaborative projects, customized research opportunities, thought leadership, and innovation to help energy companies simultaneously decarbonize the energy sector while maintaining a resilient, reliable, and affordable power system on which society depends.
2) Sustainability Consulting Intern, ARUP
Arup is dedicated to sustainable development and to do socially useful work that has meaning. Arup solves the world's most complex problems and deliver what seems impossible, with curiosity and creativity
3) Business Development Intern, ACCIONA Energiá
ACCIONA Energía is the biggest 100% renewable energy company with no fossil legacy in the world.
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