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OPEC

OPEC Upbeat on Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expec…

Nuclear Reactor

About 80% Of U.S. Coal Plant Sites Suitable to Host Nuclear Reactors -U.S. DOE Report

As many as 157 retired coal plants and 237 operating coal plant sites across the U.S. could be converted to nuclear power and help the country reach its net-zer…

Energy Transition

Oxford Group: Decarbonizing Energy Would Save $12 Trillion

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward re…

LNG

Central African Countries Champion 6500-Km of New Pipeline Construction

Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG termina…

EU

EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…

Net Zero Emission

Around 13 Million Workers to Join Energy Sector by 2030: IEA

It is expected to double under the net-zero emissions scenario.

Wind Power Project

Onshore Wind to Play a Key Role in Achieving India’s 2030 Target

The country has almost 41GW of onshore wind capacity.

Energy Transition

Egypt Climate Champion Calls for New Metric on Climate Finance

Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…

Electric Car

Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects

U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…

Crude Oil

U.S. Emergency Oil Reserves Tumble to Lowest Since 1984

U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…

Five Long-Duration Energy Storage Projects Get Funding in New York

New York awarded $16.6 million in funding for five long-duration energy storage projects and made another $17 million available for projects that advance develo…

Gas Turbine

GE Gas Turbines Power New-Look Bangkok Plant

Two new gas-fired combined cycle blocks of around 1400MW have gone into commercial operation this week at Thailand’s Bang Pakong power plant.

Smart Grid

Smart Energy Finances: Gridspertise Tech Alliance and Enel Finance’s €1B Sustainability Bond

​This week’s iteration of Smart Energy Finances looks to partnerships and sustainability bonds announced under the Enel umbrella.

Wind Power Project

UK Onshore Wind Pipeline Grows 4GW in a Year

The overall amount of capacity under construction has risen by 1.1GW to 6.8GW

Offshore Wind Power

BlueFloat Energy and Energy Estate to Expand Greater Gippsland Offshore Wind Project

BlueFloat Energy and Energy Estate have announced that they have expanded the proposed capacity of the Greater Gippsland offshore wind project from 1.275 GW to …