HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Hawaii seeks energy independence from fossil fuels

Created at 4 Jun · 11:09 AM1 source↑ Market-relevant
IN SHORT

Hawaii, heavily reliant on imported fuel, is exploring renewable energy sources like solar and geothermal power to reduce its dependence on fossil fuels and mitigate high energy costs.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Who's Involved

Hawaii
US state seeking energy independence

↳ Why This Matters

Hawaii's pursuit of energy independence highlights the broader global challenge of transitioning to sustainable energy sources and reducing reliance on volatile fossil fuel markets, with implications for energy security and cost for island nations and isolated regions.

Key facts

  • Hawaii imports the majority of its fuel.
  • The state is exploring solar and geothermal energy.
  • Hawaii aims to reduce its dependence on fossil fuels.

Hawaii faces significant energy costs due to its heavy reliance on imported fossil fuels. To address this challenge, the state is actively investigating and pursuing alternative energy solutions. These include expanding the use of solar power and harnessing geothermal energy resources. The overarching goal is to transition away from fossil fuel dependence and achieve greater energy self-sufficiency.

Frequently asked questions

Hawaii imports most of its fuel, leading to high costs and vulnerability to global energy market fluctuations.

The state is looking into solar and geothermal power as potential replacements for fossil fuels.

The primary objective is to reduce dependence on fossil fuels and achieve greater energy self-sufficiency.

What Happens Next

01Further development and implementation of solar and geothermal energy projects in Hawaii.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence
CME Headlines
  • Live Cattle futures fell as liquidation trend extended.
    8 Jul · 8:17 PM
  • Live Cattle futures fell as liquidation trend extended.
    8 Jul · 8:17 PM
  • Grain futures turned lower as wheat snapped six-day rally.
    8 Jul · 8:06 PM

How It Developed

4 Jun · 10:54 AM
Hawaii imports most of its fuel and is exploring renewable energy sources like solar and geothermal to achieve energy independence.
DW (Deutsche Welle) via PiQSuite

Sources

T1
Stuck on oil: Can Hawaii power itself?m.piqsuite.com

Related Stories

Russia fuel crisis spills to Central Asia as drone strikes bite
9 Jul · 1:40 AM
Chevron licenses chemical tech to rivals to boost shale oil output
8 Jul · 12:04 PM
Taiwan offshore wind projects face inflation headwinds
8 Jul · 4:00 PM
Qatar Pursues Food Security Strategy Amidst Arable Land Scarcity
8 Jul · 1:10 PM
EU faces tougher gas storage refill task as winter looms and high prices bite
8 Jul · 12:55 PM