EV

Crude Oil

Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View

Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.

Wind Farm

European Energy Takes 50% Stake in Danish Offshore Wind Project

Copenhagen-based renewables developer European Energy A/S has acquired a 50% stake in an offshore wind project with a planned capacity of 160 MW, to be realised…

Coal Mine

Coal Mines Transformed Society. Now, Their Flooded Remains Could Heat the Homes of the Future

The ramifications of the Industrial Revolution, which had its roots in 18th-century Britain, were huge.

South Africa

CSP Project Achieves Financial Milestone on Its Way to Clean Energy Provision

The Redstone Concentrated Solar Power (CSP) Project, South Africa’s largest renewable energy investment to date, has achieved its first debt drawdown.

Offshore Wind Power

Orsted and Eversource Start Building New York’s ‘First’ Offshore Wind Project

South Fork Wind, hailed as New York’s ‘first’ offshore wind energy project is now under construction.

Hydropower Sustainability Fund Applications Open to over 40 Countries

Hydropower project developers and operators from over 40 countries can apply for a sustainability fund backed by the Swiss government, along with the Internatio…

Nuclear Power Plant

Japan Welcomes IAEA's Inquiry into Fukushima Water Release

The Japanese government welcomes IAEA's review on the safety of releasing contaminated water from the crippled Fukushima nuclear plant into the sea, Chief Cabin…

LNG

Asian LNG Prices Stable but Rises Expected on Colder Weather

Asian spot liquefied natural gas (LNG) stabilised this week but is expected to rise over the coming weeks as below-normal temperatures across much of north-east…

2022 Will Be A Critical Year for Wind Power

Both GE and Siemens lost out on revenue from wind power last year, so what’s happening in the world of wind and can we expect better results this year?

Hydropower Plant

Swiss Sustainability Fund Guides Hydropower Developers Towards Sustainability

​The sustainability fund is patronized by the Swiss government. Apart from the sovereign’s backing, the fund has the support of a few other eminent institutes…

Oil Price

Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak

Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.

South Africa

President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry

The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s …

Nuclear Power Plant

IAEA to Review Treated Water at Japan’s Fukushima Daiichi Plant

The International Atomic Energy Agency (IAEA) review mission will be visiting Japan to verify the safety of the treated water at the Fukushima Daiichi Nuclear P…

Distributed energy

Insurance Guarantee Instruments for African Energy Sector

The Norwegian Agency for Development Cooperation (NORAD) will provide grant funding to the African Trade Insurance Agency (ATI) of $56million over the next five…

SMR

Largest US Public Power Company Launches New Nuclear Program

The largest public power company in the U.S. is launching a program to develop and fund new small modular nuclear reactors as part of its strategy to dramatical…