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Energy Transition
AfDB Pledges $2.8bn Towards South Africa for Energy Transition
African Development Bank Group President Dr Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for t…
Energy Transition
Global Leaders Vow to Strengthen Energy Security and Accelerate Clean Energy Transitions
The IEA Ministerial Meeting saw ministers gather from around the world in response to energy security and climate crises.
LNG
EU Strikes Gas Deal with the U.S. as It Seeks to Cut Its Reliance on Russia
U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukr…
LNG
U.S. to Supply 15 bcm of Additional LNG to Europe in 2022
The United States will work to ensure it supplies 15 billion cubic metres (bcm) of liquified natural gas (LNG) to European Union markets this year, as Europe se…
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
Shell to Invest up to £25 Billion in UK Energy System over Next Decade
Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.
Nuclear Fusion
Lattice Confinement – NASAs Solution for Fusion Power
NASA has been investigating nuclear fusion as a power source for deep space travel to the Moon and beyond.
Solar Power Panel
Alpina Awarded the Sixth Solar Leasing Tender Under the SolarNova Programme by HDB
The Project, with a solar capacity of 70 megawatt-peak ("MWp"), aggregates public sector demand for the installation of solar panels across 1,198 HDB blocks and…
Floating Offshore Wind
Celtic Sea Set for Gigawatt-Scale Floating Wind to Produce Green Hydrogen
UK-based renewables developer Source Energie has partnered with hydrogen technology firm ERM Dolphyn to develop floating wind sites that produce green hydrogen …
Russian Federation
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…
Hydrogen Production
Green Hydrogen to Decarbonise Europe’s Largest Steelmaking Site
Thyssenkrupp Steel and STEAG have agreed on the delivery of hydrogen from STEAG’s Duisburg-Walsum site to thyssenkrupp Steel in Duisburg, Germany.
Smart Meter
Smart Electricity Meters Market to Surge to $15.2 Billion by 2026
A new market study by Global Industry Analysts Inc. (GIA) shows that the global market for smart electricity meters is expected to reach $15.2 billion by 2026.
Net Zero Emission
IEA Receives $22 Million Annual Funding Stream to Expedite Net Zero Roadmaps
The International Energy Agency has received a major funding boost in the form of a €20 million funding stream from member countries, enabling the scale-up of …
Geothermal Power Plant
Entire US Lithium Demand Can Be Supplied by Salton Sea Geothermal Plants
An article written by Bryant Jones from Boise State University and Michael McKibben of University of California, Riverside, discusses how the entire lithium dem…
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