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Canada

Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus

Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economi…

Saudi Arabia

Saudi, Iraqi Energy Ministers Meet, Review Oil Markets

The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023.

Energy Transition

Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls

Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were s…

Spain

Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle

An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backi…

Nuclear Reactor

EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos

A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion…

Metaverse Energy Research to Launch in Australia

University of Wollongong Professor Willy Susilo has been awarded more than Au$400,000 (US$266,000) for research into green and sustainable energy-efficient meta…

Offshore Wind Power

Chinese Groups Unveil World’s Largest Offshore Wind Turbine

Two Chinese companies announced production of the largest offshore wind turbine built to date, a 16-MW unit developed by China Three Gorges (CTG) and Goldwind. …

Germany

Germany Is Not Blocking EU Energy Solution but Is 'Sceptical', Minister Says

Germany is not standing in the way of the European Union's solution to the energy crisis, Economy Minister Robert Habeck told the Handelsblatt daily on Thursday…

Carbon Emissions

Volatilia, Uzbek Gov’t to Develop up over 400MW Renewables

It will be divided into solar, wind, and battery storage.

Hydropower Plant

RATCH Group Unit Buys Eco Energy Shares to Co-Develop Hydro Project in Indonesia

RH Internationa (Singapore) will now hold a 50% stake in the project.

Indonesia

EDPR Sunseap, PlasticBean to Explore Recycled Plastic Use in Floating Solar

BLUEWAVE is a thermoplastic material from marine plastics amongst others.

Energy Transition

Indonesia’s Energy Transition Plan to Face Implementation Hurdles

Indonesia and its international partners agreed to mobilise US$20b in financing.

PowerGrid Technology

Milestone Marked in SSEN’s Auto Restorative Power Tech

A programme of works by Scottish and Southern Electricity Networks (SSEN) to install technology that helps ‘self-restore’ electricity supplies has reached a m…

Smart Grid

Blockchain Demonstrated for Smart Grid Cybersecurity

Blockchain has been demonstrated to validate communication among devices on the smart grid and thereby enhance its resiliency.

Nuclear Power Plant

Doosan ŠKoda Power Upgrades Slovakia’s Mochovce Nuclear Plant

Power plant supplier Doosan Škoda Power has completed the moderinisation of the turbine set at the Mochovce nuclear power plant in Slovakia.