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Energy Subsidies
Serbia to Spend EUR 1 million on Subsidies for Electric, Hybrid Vehicles
In order to reduce air pollution, purchases of electric and hybrid vehicles will be subsidized with EUR 1 million in 2021.
Nuclear Power Plant
Hot Functional Testing of HTR-PM Reactors Starts
The twin-unit HTR-PM is scheduled to start operations later this year.
Oil & Gas Trade
Venezuela’s 2020 Oil Exports Plunged To The Lowest Level In 77 Years
Venezuela’s crude oil and refined product exports plummeted in 2020 to their lowest level in 77 years
Crude Oil
China’s Oil Giants Face NYSE Delisting
Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in China, due…
Wind Farm
Enel Green Power Starts Castelmauro Wind Farm in Molise
The wind power plant will produce about 70 GWh/year from renewable sources, corresponding to the supply of electricity for about 29,000 homes, avoiding the atmo…
Germany
German Renewables Power to Energy Mix Gold
Wind, solar produced more electricity than all fossil fuels combined according to new data
Crude Oil
Oil Prices Touch Multi-Month Highs as OPEC+ Expected to Hold Output
Oil prices touched multi-month highs on Monday on expectations that OPEC and allied producers may cap output at current levels in February as the coronavirus pa…
Oil Pipeline
Russia to Double Natgas Volume to China in 2021 as Cold Spell Bites
The increased volume of supply was due to a new 1,110-km pipeline extension in December that starts at Changling in northeast China's Jilin and ends at Yongqing…
Hydropower Plant
Test Operations Start at 104MW Honduras Hydro Plant
Honduras’ state power company Enee has begun test operations of the 104MW Patuca III hydroelectric plant in Olancho.
Geothermal Power Plant
UK’s First Deep Geothermal Project Signs PPA, Looks to Future Sites
The first deep geothermal site in the UK, United Downs, has signed a purchase agreement for power and heat produced at the plant.
Hydrogen Technology
China Team Develops Highly Active Catalyst for Hydrogen Production from Methanol-Water
Methanol–water reforming could prove to be a promising solution for hydrogen production/transportation in stationary and mobile hydrogen applications.
Market Analysis
Chinese Dominance in Solar Energy
At the beginning of 21st century, the need for change in everyday lifestyle and industrial production has created a space for the development of technologies th…
Hydrogen Project
Major Korean Enterprises Joining Hydrogen Industry
An increasing number of major South Korean conglomerates are entering the hydrogen industry. Recently, POSCO, SK, Hanwha and Hyosung Groups declared to do so.
Nuclear Power Plant
Krško Nuclear Plant Scheduled For Restart After Croatia Earthquake
Operator says all systems tested and functional
Transformer
China XD Group Recieves Approval for Eight New Transformers
Eight new transformers and reactor products from China Xidian Group have passed the industry appraisal, and their comprehensive performance indicators reached t…
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