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Crude Oil
Guyana Talking to Middle East Firms About Offshore Oil Auction
Guyana is in talks with state-run oil firms from the Middle East to discover new offshore fields.
Offshore Wind Power
UK to Hold Yearly Contracts for Difference Auctions from 2023 Onwards
The UK government will increase the frequency of auctions for funding through the Contracts for Difference (CfD) scheme to every year rather than every two year…
Solar Power Plant
Solar Sector Welcomes News That Contracts for Difference Auctions Will Be Held Annually
From 2023, Contracts for Difference (CfD) auctions will be held annually, the UK government has announced.
Power Construction
UK Plans More Power Capacity To Avoid Outages Next Winter
The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid op…
Crude Oil
Japan To Sell Crude Oil From State Reserves In February
Japan plans to auction in February 629,000 barrels of crude oil from its national reserves as part of a U.S.-led global effort by oil-consuming nations to lower…
Offshore Wind Power
Mitsubishi-led Groups to Build 1.7GW Offshore in Japan
891MW Yurihonjo, 478.8MW Noshiro Mitane Oga and 390.6MW Choshi developments successful in auction
Tidal Energy
UK Officially Backs Tidal Energy to Reach Net Zero Goals
The UK government has announced that it will invest £20 million per year in Tidal Stream electricity as part of its Contracts for Difference renewable energy a…
Offshore Wind Power
RWE Hails 525MW German Offshore Win
Energy giant secures one site in the North Sea for 225MW and another in the Baltic Sea for 300MW
Solar Power Plant
Poland Allocates 2.5GW of Wind and Solar
Energy regulator data shows latest auctions for onshore and PV were undersubscribed
Offshore Wind Power
Iberdrola Prequalifies for France’s Next Offshore Wind Energy Auction
Iberdrola has been pre-qualified for the next offshore wind capacity tender in France, the Normandy offshore wind farm in the English Channel, with a capacity b…
Energy Investment
Coal India Signs First 100 MW Solar Power Purchase Agreement
The company had won a 100 MW solar power project in March in a reverse auction conducted by GUVNL.
Energy Subsidies
Serbia Adopts New Energy Laws
Serbia's national assembly on 20 April adopted four new laws for the mining and energy sectors, including a law that paves the way for the country to begin hold…
Coal Production
China’s ETS to Reduce Coal’s Share of Power Mix: IEA
Without tighter allocation benchmarks for coal-fired plants or the introduction of allowance auctions, the scheme could fail to encourage any significant coal-t…
Coal Production
India to Double Down on Coal Projects Amid Climate Warnings
India has set in motion the biggest ever auction of coal mines in the country despite the fossil fuel’s key role in contributing to global warming.
Electricity Reform
Coal Plant Restriction to Reform S Korea’s Power Market
The South Korean government is considering an annual cap on coal-fired generation from 2022 and a new spot and forward auction system to enable utilities to bid…
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