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Nuclear Reactor
U.S. Nuclear Generation Declines for Second Straight Year
U.S. nuclear power generation declined for the second straight year. Output from the country’s nuclear fleet totaled 778 million MWh in 2021, a 1.5% decline fr…
Energy Transition
Renewables Share at 9.1% as Global Generation Capacity Reached 3,064 GW in 2021
60% of the new capacity in 2021 was added in Asia, resulting in a total of 1.46 Terawatt (TW) of renewable capacity by 2021.
Coal Production
Coal to Dominate the Philippines’ Power Mix by 2031: Fitch
Coal will dominate the Philippines’ power mix as it is projected to account for 61% of the country’s total power generation by 2031 even amidst efforts to r…
Germany
IKEA Invests $373 Million in Solar Park Projects in Germany, Spain
Ingka Group, the owner of most IKEA stores worldwide, has bought nine solar photovoltaic (PV) park projects in Germany and Spain for a total of 340 million euro…
China
Four Hydrogen-Ready Power Plants for China’s Greater Bay Area
Siemens Energy has signed agreements with Guangdong Energy Group and Shenzhen Energy Group to deliver a total of four H-class combined cycle power units.
EU
Doubling Renewables ‘Could Help Europe Halve Gas Usage by 2030’
An accelerated push for renewables could cement Europe’s efforts to halve its total gas consumption, as countries strive to enhance sustainable economic develo…
Nuclear Power Plant
Elon Musk Says Closing Nuclear Plants Now Is 'Total Madness,' Calls Biden's Leadership 'Ancient' in a Talk About the Future
Tesla's Elon Musk confirmed his belief that Germany should not only stop closing its operational nuclear power plants, but should also reopen the ones it alread…
Offshore Wind Power
UK Offshore Wind Pipeline Hits 86GW
The future of the UK’s offshore wind industry looks windy, as the UK’s total project pipeline has soared at 86GW of new capacity.
Russian Federation
TotalEnergies to Halt Russian Oil Purchases by the End of 2022
TotalEnergies has announced it will stop purchasing oil and petroleum products from Russia as soon as possible and by the end of 2022 at the latest.
Crude Oil
National Daily Oil Output Totals 684,100 Barrels
Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.
Natural Gas
Thai PTTEP to Take Over Myanmar Offshore Gas Field Ops After TotalEnergies' Exit
Thai oil and gas giant PTT Exploration and Production Pcl said on Monday it would take over operations of the Yadana gas field in Myanmar from July following th…
Offshore Wind Power
ScottishPower and Shell Confirm Offshore Wind Funding
ScotWind partners ScottishPower and Shell are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore w…
Oil Field
Bohai Sea Oilfield Output Exceeds 500 Million Tons
The Bohai Sea oilfield, China's largest crude oil base, had produced a cumulative total of oil equivalent exceeding 500 million tons as of Monday, after it has …
Rooftop PV System
Rooftop Solar Installations to Almost Double by 2025, Says Rystad
Rooftop solar photovoltaic (PV) installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025.
EV Market
Thailand Adopts New EV Incentives
Thailand’s government has adopted new government incentives to accelerate the transition to electric vehicles. The incentives are part of the Thai government’…
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