Dec

Combined cycle power plant

Shanghai Electric’s 225MW CCPP Begins Operations in Bangladesh

Shanghai Electric Group’s first combined-cycle power plant (CCPP) in Bangladesh has entered into the commercial operations.

Oil Price

Non-Opec Members Will Also Need to Cut Output to Balance Oil Price

Not just production cut upfront, they have also decided to cut production all the way to April 2022.

CCGT

Economics Shift Further Towards Gas Generation in Europe

Demand destruction due to lockdowns has shifted the relative economics of Europe's fossil power generators towards gas.

Oil Price

G-20, OPEC Working to Rebalance Oil Market

​Energy Ministers of G-20 have arrived at a decision to rebalance global oil markets hit hard by the coronavirus pandemic.

Nuclear Power Plant

KHNP to Support Canadian Decommissioning Projects

In a 7 April statement, KHNP said Kinectrics highly appreciated the technology KHNP used to replace the pressure tubes and improve the facilities of unit 1 of t…

Wind Power Project

Renewables Reach 52% Share in Germany's Gross Power Consumption for Q1

April 9 (Renewables Now) - Electricity from renewable energy sources met 52% of Germany's gross electricity demand in the first quarter of 2020 thanks to a wind…

Market Analysis

Wood Mackenzie Lowers Global Solar Demand Forecast on COVID-19 Impact

Recently, IHS Markit said it expected global installs to decline 16% to 105GW in 2020, compared to around 125GW installed in 2019.

Oil Price

Oil Could Fall Back To $20

Oil demand is set to plunge by as much as 27 million barrels per day (mb/d) in April, a decline larger than anything that has occurred in the history of oil.

Solar Power Plant

Europe’s Largest Solar Park Now Online

Spanish energy giant Iberdrola has commissioned the largest PV plant in Europe – the 500 MW Núñez de Balboa project – following the completion of constructi…

Biobattery

Fuel Demand Rout Sends U.S. Ethanol Output to Lowest in a Decade

The American ethanol industry is cutting production like never before as coronavirus lockdowns keep drivers off the roads, crushing demand for fuel.

Crude Oil

Russia: U.S. Shale Decline Can’t Count As ‘Output Cut’

Production declines across the U.S. shale patch as companies reduce drilling and spending cannot be viewed as a voluntary U.S. cut aimed at supporting oil price…

Market Analysis

Hydrogen Fuel Could Help Decarbonize the Dirtiest Industries in the World

This renewable energy could provide opportunities to power the biggest fossil fuel users.

Waikato And Upper North Island Voltage Management

The decommissioning of thermal generation plants in Otahuhu, Southdown and Huntly, alongside the retirement of the Huntley coal generation plant in 2022 will ca…

Oil Price

Oil Rises As Markets Eye OPEC, Russia Meeting on Output Cuts

Oil prices rebounded Wednesday after two straight days of declines.

Gas Turbine

SGT6-9000HL Achieves First Fire at Duke Gas Turbine Test Site

Siemens Energy has successfully started up the first SGT6-9000HL gas turbine to kick off long-term testing phase in North Carolina.