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South Korea
South Korea Plans To Downsize Nuclear & Coal While Quadrupling Renewables By 2034
South Korean President Moon Jae-in previously committed to moving away from nuclear power and toward renewable energy.
Nuclear Power Plant
Krško Reactor Closed As Precaution After Earthquake
The Krško nuclear power plant has been shut down as a precaution after a 6.4 magnitude earthquake struck the town of Petrinja, which is 50 km south-east of the…
Oil & Gas Trade
Angolan Crude Exports Confirmed Lower in February
The final version of Angola's February crude loading programme sets exports at 1.13mn b/d, down from 1.18mn b/d scheduled for January.
Coal Production
Weekly US Coal Production Totals 11 million st, Down 12.6% on Year: EIA
Weekly US coal production was estimated at nearly 11 million st in the week ended Dec. 19, down 2.6% from the year-ago week, US Energy Information Administratio…
Crude Oil
Oil Price Rally Fades as OPEC’s Plans Overshadow U.S. Stimulus
A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming n…
Biobattery
Trump Signs COVID-19 Relief, Tax Extenders Package
After a nearly week-long delay, President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief and governm…
Energy Technology
Diamonds may Power Electrical Grid, EVs more Efficiently
In their paper, the researchers said that diamonds have been shown to have superior carrier mobility, breakdown electric field and thermal conductivity, the mos…
Oil Price
Oil Tumbles As New Virus Strain Revives Demand Fears
Oil prices tumbled on Monday as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe sparked wor…
Hydrogen Project
Gigawatt-Scale: the World's 13 Largest Green-Hydrogen Projects
These projects alone account for 61GW of the 80GW of renewable H2 developments now in the works, promising economies of scale that would drive down the cost of …
Coal Trade
Global Coal Demand Peaked Seven Years Ago, Says International Energy Agency
Australia's trade relationship with China is struggling as the year winds down.
China
China's Spacecraft Brings Home Moon Samples
The return capsule of China's Chang'e-5 probe touched down on Earth in the early hours of Thursday, bringing back the country's first samples collected from the…
Nuclear Equipment
Dismantling of Mülheim-Kärlich Steam Generators Completed
Industrial services provider Bilfinger has completed the dismantling of the two steam generators at the shutdown Mülheim-Kärlich nuclear power plant in German…
Market Analysis
Global Electricity Demand Growth Set to Slow Down in 2021
After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021.
Nuclear Power Plant
Malfunction Triggers Emergency Shutdown at Finnish Reactor
The emergency standby resulting from the incident has now ended and repair work is under way to bring the unit back online.
China
China Must Close Coal Power Plants By 2045 To Meet Climate Goal
China must shut down by 2045 at the latest all coal power plants operating without carbon capture if Beijing is to meet its goal to become “carbon neutral” by…
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