Bill

Market Analysis

Proposed $16B Project Combines World’s Largest PV Farm, Largest Battery, Longest Undersea HVDC Cable

Here’s a high-level cost estimate of what transmitting solar power underneath an ocean might cost for the proposed $16 billion Australia–ASEAN power line.

Smart Energy

Cities and Community Investment in Smart Energy to Hit $64 billion by 2030

Research firm Guidehouse Insights predicts the global market for smart energy technologies to expand at a compound annual growth rate of 10% between 2020 and 20…

Nuclear Technology

NUCLEAR ENERGY INSTITUTE: With Natrium, Nuclear Can Pair Perfectly with Energy Storage and Renewables

Leaders, scientists and policymakers know that innovation will be key in reducing carbon emissions. Bill Gates is betting on it.

Oil & Gas Trade

French Company Abandons Plans to Import US Gas

The company had been in talks on a nearly $7 billion contract to supply LNG from a liquefaction facility that NextDecade plans to build in Texas to use the ampl…

Coal Production

New Vietnam Law Threatens to Delay Major Coal Projects

A new law in Vietnam could delay four major coal-fired power projects worth a combined $9.1 billion, a U.S.-based think tank said on Tuesday, as the Southeast A…

Energy Investment

Telangana Aims to Attract $4-billion Investment in E-Mobility Sector by 2030

Telangana is planning to attract $4 billion investments in the state and create employment for 120,000 persons by 2030 through electric vehicles in shared mobil…

Crude Oil

China Starts Building $20 billion Mega Petchem Complex in Shandong Oil Hub

China started this week building a mega petrochemical and refining complex in east China’s Shandong province, four months after the $20 billion project receive…

Combined cycle power plant

Study Finds CHP a Key Enabler of Europe’s Energy Transition

A study published today finds that cogeneration is a primary enabler to achieve carbon neutrality in Europe and could save over €8 billion in energy system cos…

Oil & Gas Trade

China Launches Construction Of Huge $20 Billion Refinery Complex

China has launched the construction of a refinery and petrochemical complex worth US$20 billion in the Shandong province, the home of the independent Chinese re…

Oil Shale

Argentina to Subsidize Shale Gas Production With $5.1 Billion

Argentina will give subsidies of a total of US$5.1 billion to shale gas drillers in an attempt to revive production in its Vaca Muerta shale play and attract as…

Spain

Iberdrola Buys US Utility in $8.3bn Deal

Spanish energy company Iberdrola is acquiring the primary electric utility in New Mexico in a deal valued at around $8.3 billion.

LNG

Japanese Sell out of Australian LNG Import Project

Australian billionaire Andrew Forrest has taken over full control of a A$250 million gas import terminal in New South Wales, buying out stakes held by Japan's J…

SMR

US Government Backs NuScale Projects at Home and Abroad

The US Department of Energy has approved a cost-share award of more than USD1 billion for the construction of the first NuScale small modular reactor power plan…

Oil&Gas Drilling

Turkish President Announces More Natural Gas Reserves in Black Sea

"Total amount of natural gas reserves in the Tuna-1 well in Sakarya Gas Field reached 405 billion cubic meters," he said after his inspections at the ship.

Hydropower Plant

Scatec Solar to Buy SN Power

Norwegian firm Scatec Solar has signed a US$1.166 billion deal to acquire hydropower developer SN Power from Norfund.