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Nuclear Power Plant

Japan's JAEA and Mitsubishi Heavy to Cooperate in U.S. Fast Reactor Project

The Japan Atomic Energy Agency and Mitsubishi Heavy Industries Ltd. will cooperate in a U.S. project to build a next-generation fast reactor, it has been learne…

Power Construction

Chance of power market reversal weighs on Mexico

A possible constitutional electricity overhaul will dominate the outlook for Mexico's power sector in 2022, even if chances for its passage appear difficult.

Energy Investment

Iran to Add 10GW to Renewable Energy Capacity

Iranian Energy Ministry and some of the country’s private contractors signed memorandums of understanding on Sunday for cooperation in the construction of rene…

LNG

South Korea Retires Two Oldest Coal-Fired Power Plants, to Replace with LNG

South Korea has permanently shut its two oldest coal-fired power plants, which will be replaced by new LNG-based ones, in line with President Moon Jae-in's push…

Offshore Wind Power

France Unveils New 1.5GW Offshore Wind Site

Centre Manche 2 off Normandy due to come up for tender in 2023

Solar Power Panel

Zhonghuan Further Reduces PV Wafer Prices

The manufacturer also provided the price of its M10 product for the second time, which is being offered at RMB8.31, up 7.9% from the beginning of December.

Electric Car

Tesco Launching UK’s First Commercial Electric Heavy-Duty Tractor-Trailer Trucks

Tesco is launching the UK’s first commercially used fully electric heavy-duty freight articulated trucks.

Electricity Transmission

Bulgaria's YTD Power Output Grows 17%, Consumption up 4%

Bulgaria’s electricity production rose by 16.87% year-on-year to 46,942 GWh in the period from January 1 to December 26.

Carbon Emissions

China Mandates State Companies To Reduce Energy Consumption

Chinese authorities have asked that state companies reduce their energy consumption and carbon dioxide emissions by 2025 compared to 2020 levels as part of Chin…

Crude Oil

High Gas Prices Lead To Conversion Of Ammonia Plant To Green Hydrogen

Incitec Pivot is Australia’s largest supplier of fertilisers, producing around two million tonnes of ammonia each year for use in Australian agriculture.

Oil&Gas Drilling

Indian State Oil Giant To Significantly Expand Oil Exploration

Indian state firm Oil and Natural Gas Corporation plans to raise fourfold its exploration and production acreage by 2025

Hydrogen Project

Korea Gas Corp. Looking to Supply 1.03 Million Tons of Hydrogen in 2030

As a first step toward realizing the plan, it broke ground for the construction of a hydrogen production base in Gwangju on Dec. 2.

Crude Oil

Saudi Arabia may Set Deep Crude Price Cuts for Asia in February

Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this…

RCEP

RCEP to Take Effect on First Day of 2022, Extend Asia-Pacific Industrial Chains in Closer Bond

The world will see the establishment of its largest trade bloc, the Regional Comprehensive Economic Partnership, from the beginning of 2022

Market Analysis

How Nuclear can Help the Planet Achieve Net-Zero

Nuclear power offers the world an abundant future if it is embraced, said speakers at an event jointly organised by the New Nuclear Watch Institute and World Nu…