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Microgrid

A Look at the Year Ahead and How Microgrids Are Shaping the Power Industry

2020 was a transformative year for the power sector, underlining both new challenges and potential opportunities.

Iran

Strait of Hormuz: The World's Most Important Oil Artery

Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…

Coal-Fired Power Plants

AES to Sell Equity in 1,242MW Coal-Fired Plant in Vietnam

Power company AES Corp has agreed to sell its majority interest in the 1242MW Mong Duong 2 coal-fired power plant in Vietnam.

Nuclear Power Plant

Eskom Shuts Down Some Koeberg Nuclear Power Plant Units

According to South African news media reports, due to the leak, Eskom has taken the Koeberg nuclear power plant's Unit 1 off the assembly line and has accelerat…

South Korea

Iran Seizes UAE-Bound Chemical Tanker

Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.

Hydrogen Fuel Cell

DOE to Invest $6.4M to Develop Hydrogen-Fueled Turbines

The UTSR Program conducts research to increase the efficiency and performance of gas turbines while lowering emissions.

Thermal Plant

Albioma Commissions 48 MW Bioenergy Plant in Brazil

France-based power producer Albioma announced on Dec 29 the successful commissioning its 48 MW bagasse-fired Vale do Paraná Albioma cogeneration plant, which i…

Energy Subsidies

Serbia Issues Guidelines for Draft Law on Renewable Energy

The first law on renewable energy sources in Serbia will regulate premiums for new renewable energy capacities, the introduction of auctions, subsidies for smal…

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…