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Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects
Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas prop…
Natural Gas
Germany Hits 75% Gas in Storage Goal Ahead of Schedule
Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showe…
Natural Gas
Heatwave Sends European Gas Prices Higher
Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.
Natural Gas
German Households Will Foot the Bill for New Gas Tax
A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to fo…
Nuclear Power Plant
California Might Keep One Nuclear Plant Open
Anticipating electricity supply shortages well into 2026, California Governor Gavin Newsom has proposed allowing the state’s last-remaining nuclear power plant…
Wind Farm
Wind Energy in Brazil Has 22 GW and 9,294 Wind Turbines
In July 2022, wind energy in Brazil reached the mark of 22 gigawatts (GW) of installed capacity, enough to supply 28.8 million homes per month. This is equivale…
Energy Transition
American Clean Power Week 2022 Kicks Off
During a time of historic legislative action that will turbocharge the domestic clean power industry, the American Clean Power Association today kicked off Amer…
Wind Turbine
Optimizing the Energy Output of Wind Farms
Wind energy has provided society with basic power needs for centuries, from harnessing the wind to propel boats as early as 5000 BC to driving irrigation pumps …
Nuclear Technology
Bill Gates’ TerraPower Raises $750 Million for Advanced Nuclear Technologies
TerraPower, one of the companies racing to build a small modular reactor (SMR), announced it raised $750 million.
Electric Vehicle Battery
CATL Announces Second European Battery Plant in Hungary
CATL is to build a new battery plant in Hungary. €7.34bn plant will be built in Debrecen and will supply both cells and modules to European automakers
Hydropower Plant
Smart Tools to Enhance the Flexibility of Hydropower Turbines in the US
A team of GE Research engineers has been awarded a project through US Department of Energy’s Water Power Technologies Office to improve the operating capacity …
Smart Grid
Smart Grids Are Spurring Demand for BESS – Study
Grid modernisation initiatives, including the movement to new technologies such as smart grids, are spurring the demand for battery energy storage systems (BESS…
Nuclear Technology
South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech
South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…
Wind Farm
Construction Begins on East Anglia Three Offshore Wind Farm
Spanish energy company Iberdrola has started the construction of the 1,400MW East Anglia Three offshore wind farm located off the coast of Norfolk, UK.
Nuclear Technology
Can AI Improve the Profitability of Nuclear Energy?
Researchers at the US Department of Energy’s (DOE) Argonne National Laboratory said they believe artificial intelligence could save the nuclear industry more t…
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