Energy

Crude Oil

U.S. May Delay Oil Reserve Release

The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction…

Energy Security

North Macedonia to Extend State of Energy Crisis for Six Months

The Government of North Macedonia has proposed to the national assembly to prolong the state of energy crisis for six months, until June 9, 2022.

Solar Company

Canadian Solar Raises €30m War Chest

Fundraising will support build out of company’s 4.6GW solar portfolio and 2GWh battery portfolio

Energy Storage System

Chile’s Colbun Couples Storage with PV for Reliability and Decarbonisation

In Chile, energy generator Colbun has announced an $11 million investment to build an 8MW/32MWh energy storage system next to a new 230MWp solar PV facility in …

Nuclear Fusion

Equinor Ventures Increases Investment in Fusion

Equinor Ventures, the venture capital arm of Equinor, is increasing its investment in Commonwealth Fusion Systems as part of the Series B funding round to raise…

Energy Security

Power Supply Crunch in 2022 Looms in the Philippines

Demand is rising, yet no new power supply is coming to the market.

Oil&Gas Drilling

TotalEnergies Spuds Namibian Ultra-Deepwater Well

French energy major TotalEnergies has started drilling the ultra-deepwater Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned dri…

Market Analysis

World Nuclear Energy Day, Honouring an Industry

Today, 2 December, marks the second annual celebration of nuclear energy and the people who make it happen.

Iberdrola to Increase Energy Prices from January 1

Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.

Nuclear Fuel

USA Relaunches Used Fuel Management Programme

The move represents a re-start of the federal programme after plans for a repository at Yucca Mountain were dropped in 2009.

Hydrogen Production

WAB Joins the OCEaN Initiative to Promote Hydrogen Production from Offshore Wind

WAB has joined the Offshore Coalition for Energy and Nature to promote sustainable practices in power generation with green hydrogen production from offshore wi…

Energy Storage Project

AGL and Wartsila Kick off Australia’s 2nd-Largest Energy Storage Project

Australian utility AGL has partnered with technology firm Wartsila and started the construction of what is claimed to be the second-largest battery energy stora…

Geothermal Power Plant

Geothermal-rich California could cover US lithium demand

The Salton Sea in the southern part of California can supply 600,000 tons of lithium per year, an amount exceeding the current annual consumption of this metal …

Solar Power Plant

UK Fund Finances Two Solar Projects

Investment in 115MW sites part of £500m fundraiser to double the amount of subsidy-free PV

‘The Energy Sector is Ripe for Disruption’ Says Siemens Chief

“After COP26, no-one would dispute that the energy sector is ripe for disruption. We have to go through profound change.”