Energy news at a glance

** Despite the billions of dollars invested by private corporations, and government subsidies, Americans are still indifferent as a whole over electric vehicles. Just two in every 10 Americans say they’re “very likely” to buy an EV as their next car, according to a survey by the University of Chicago’s Energy Policy Institute and the AP-NORC Center for Public Affairs Research.

** Detroit-based DTE Energy Co. announced a clean energy plan Wednesday that includes moving up the retirement of its coal-fired Monroe Power Plant — one of the largest emitters of greenhouse gases in the United States — from 2035 to 2032, which the utility said will result in an 85% reduction in its carbon emissions nine years earlier than planned.

** NextDecade Corp. is pushing forward with its Texas liquefied natural gas export project, which the company has said will supply customers in Asia and Europe starting in 2027.



** OPEC predicted an even tighter global oil market next year, as the group anticipates a much bigger demand increase than other major forecasters. World oil consumption will climb by 2.2 million barrels a day next year to reach 104.3 million a day, the organization said on Thursday in its first detailed assessment of 2024.

** The head of this year’s United Nations’ climate talks called Thursday for governments and businesses to tackle global warming by reducing greenhouse gas emissions in all regions and sectors if they want to stop the planet from passing a key temperature limit agreed on more than seven years ago.

** The exponential growth of renewable energy is pushing down global electricity prices and helping remove so much carbon from power systems that fossil fuels are no longer economical, and their use has peaked, according to a report. From China to Europe, the capacities of solar, battery and wind power are surging, the Rocky Mountain Institute said in an analysis released Thursday in conjunction with the Bezos Earth Fund.

** Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said. The UK energy giant is working with advisers to study a range of possibilities that could also include separating the business into a more independent unit, the people said.