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Siemens Reports “Solid Performance” for Gas and Power

Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.

Oil Price

JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate

JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.

Energy Storage Battery

Solar, Wind and Energy Storage Proposals for New South Wales Renewable Energy Zone Come Flooding in

The Australian state of New South Wales (NSW) has received proposals for more than 34GW of solar, wind and energy storage for its South-West Renewable Energy Zo…

Crude Oil

U.S. Crude Output to Rise 770,000 bpd in 202R

U.S. crude oil output is expected to rise 770,000 barrels per day to 11.97 million bpd in 2022, the government said in a monthly forecast on Tuesday.

Wind Turbine

Canadian Firm Secures $2.4m for Wind Pitch Motor Technology

Canadian firm Enedym has secured CAD$2.4 million (£1.4m) from Sustainable Development Technology Canada (SDTC) to commercialise and advance its Ventium wind pi…

Polysilicon Shortages in Solar PV Markets to End Within 18 Months

The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Re…

Energy Transition

Global Corporates Increase Renewable Energy Acquisition by 24%

Corporates bought 24% more renewable energy capacity in 2021 compared to 2020, according to a new report released by BloombergNEF.

Hydropower Plant

Rystad Energy: Hydropower Growth Set to Continue

The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1200 GW for the first time and investments climb to US$36.3 billion…

Rosatom

MBIR Reactor Construction Program Exceeded by 8% in 2021

The construction program for the MBIR research reactor, which is being built on the site of JSC “SSC RIAR” , was exceeded by 8% in 2021.

Rosatom

100+ International Companies and Organisations Partake in Rosatom’s “Breakthrough Technologies for a Sustainable Future” Week at EXPO-2020

Taking place as part of World Expo 2020 in Dubai (UAE), Rosatom’s thematic weeklong event “Breakthrough Technologies for a Sustainable Future” came to a clos…

Natural Gas

Potential of Gas Remains Promising Amidst Policy Changes: GECF Webinar Speakers

As the world takes decisive steps on climate change, the ensuing policy changes and their effect on the world’s fastest growing fossil fuel, natural gas, were …

Coal Price

Europe's Carbon Price Nears the 100 Euro Milestone

The price of permits in the European Union's carbon market closed at a record high above 96 euros on last Friday, with analysts expecting the symbolic 100 euro …

Nuclear Power Plant

West Virginia to Remove Nuclear Construction Ban

The ban has been in place since 1996.

Nuclear Power Plant

China and Argentina Sign Nuclear Project Deal

Nucleoeléctrica Argentina and CNNC have signed an engineering, procurement and construction contract for the development of the Atucha 3 nuclear power plant.

Solar Power Plant

Japan's Jera Targets 1GW of Solar Power in Five Years

Japan's largest thermal power producer Jera will work with domestic solar power engineering firm West Holdings to develop solar power stations, targeting 1GW of…