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SMR

Small Modular Reactors Aren’t Difficult Nuclear Waste Generators

Many experts believe small modular reactors (SMRs), which are generally classified as nuclear power reactors with an electrical output of 300 MW or less, offer …

Energy Transition

Australian Billionaire Forrest Snares CWP Renewables for Over $2.7 Bln

Australian mining billionaire Andrew Forrest's private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people f…

United Kingdom

Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge

The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…

Natural Gas

ICE Warns EU Gas Price Cap Could See Prices Rise

An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.

Energy Investment

Losses May Force Japanese, S. Korean Utilities to Delay Green Investment

South Korean and Japanese power utilities are sustaining heavy losses, kept from passing rising generation costs on to customers and, according to analysts, for…

Wind Farm

Billionaire Forrest Aims to Develop 5 GW of Wind Farms by 2030

CWP Renewables, now in the hands of Andrew Forrest, plans to develop 5 gigawatts of wind farms in Australia by 2030.

LNG

U.S., Britain Launch Energy Partnership to Boost Supplies

The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …

Energy Transition

G7 Makes New $15 Billion Offer to Vietnam to Cut Coal Use -Sources

The Group of Seven (G7) industrialised nations has made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transit…

United States

U.S. Power Use to Hit Record in 2022 on Economic Growth, Hotter Weather -EIA

U.S. power consumption will rise to a record high in 2022 because of increasing economic activity and hotter summer weather, the U.S. Energy Information Adminis…

Indonesia

Indonesia Govt to Create a Mechanism for Rollout of B35 Biodiesel Policy

Indonesia's president has asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a senior minister said on Tuesday.

France

Engie CEO Says France Fell Behind in Wind Power Rollout

France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tu…

Wind Farm

UK Government to Ease Ban on Onshore Wind Farms to Head Off Revolt

British Prime Minister Rishi Sunak's government on Tuesday said it would ease restrictions on building onshore wind farms, heading off a revolt by his party's l…

Offshore Wind Power

California Offshore Wind Sale Ends First Day With $400 Mln in High Bids

The United States' first sale of offshore wind development rights off the coast of California attracted more than $400 million in bids on Tuesday from companies…

CCS

Denmark Awards First CO2 Storage Permit

The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 …

Pumped Storage

‘Geomechanical Pumped Storage’ Startup Quidnet Gets Us$10 Million ARPA-E Funding

Quidnet, a company developing a proprietary mechanical energy storage technology, has been selected to receive funding from the US Advanced Research Projects Ag…