Dec

Oil & Gas Trade

Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020

Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.

Tidal Energy

North America’s Oldest Tidal Power Plant Set for Closing

Nova Scotia Power, the owner of the Annapolis Tidal Generating Station, has decided to retire the 37-year-old power plant following a failure related to its ele…

Market Analysis

China's Coal Consumption Share Falls to 56.8% at End-2020

The rapid rollout of renewable-energy capacity and the growing use of natural gas has helped reduce the share of coal consumption from around 68% over the last …

Solar Power Panel

Video: Solar Panels Turn Desert into Oasis

Desertification meant animal husbandry was unsustainable a decade ago. But now, people and their animals are returning.

Crude Oil

Oil Prices Reach One-Year High As Global Crude Supplies Shrink

Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand.

Market Analysis

Rejoining Paris Pact Signals U.S. Ready To Jump Aboard Hydrogen Express

The decision by the Biden administration to rejoin the Paris agreement will likely provide a boost to the creation of a robust hydrogen fuel industry in the U.S…

Video: How Offshore Nuclear Power Stations can Help Achieve Rapid Deep Decarbonization

The need for deep decarbonization is now well understood.

Electric Car

Geely Plans to Shift Focus to Hybrid Electric Vehicles, Set up NEV factory: Reports

Li reportedly said that the shift of focus was a decision made based on changes in the global auto sector, and Geely will expand its partnerships in electric ca…

Hydropower Plant

Republika Srpska’s Parliament Calls for Moratorium on Small Hydropower Plants

The parliament of Republika Srpska has adopted a declaration on river protection, which calls on the Bosnian Serb entity’s government to impose a moratorium on…

Energy Security

Bill Gates Reveals What Caused Deadly Power Outages in Texas

On Saturday, US President Joe Biden declared a major disaster in the Lone Star State allowing the government to allocate more funds to help millions of people a…

Solar Power Plant

Global PV Installations to Surpass 150 GW in 2021

Despite pandemic-induced impacts, the PV market was bigger than expected last year. In particular, an installation rush in Vietnam and China took place in Decem…

Joe Biden

How to Calculate the Social Cost of Carbon? Researchers Offer Roadmap in New Analysis

The Biden administration is revising the social cost of carbon (SCC), a decade-old cost-benefit metric used to inform climate policy by placing a monetary value…

Electric Car

Electric Vehicle Prices to be Halved by 2025

The South Korean government has decided to lower the price of an electric vehicle by at least 10 million won by 2025.

Paris Climate Agreement

US Returns to Paris Climate Agreement

The US officially rejoined the Paris climate agreement today, with the country's top climate diplomat calling for more action by the world's major emitters.

Carbon Emissions

Amazon’s Climate Pledge Initiative Signs up 20 More Companies

The e-commerce giant co-founded the initiative to encourage companies to reach the goals of the Paris Agreement before they are due