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Offshore Wind Power
UK to Hold Yearly Contracts for Difference Auctions from 2023 Onwards
The UK government will increase the frequency of auctions for funding through the Contracts for Difference (CfD) scheme to every year rather than every two year…
Offshore Wind Power
Norway to Launch 1.5 Gigawatt Offshore Wind Tender
Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of elect…
Siemens Reports “Solid Performance” for Gas and Power
Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.
Australia
All-Renewable 5 MW Kalbarri Microgrid Goes Live in Western Australia
Sophie Vorrath of One Step Off The Grid reports on the activation of an all-renewable microgrid that will back up the unsteady grid connection in the Western Au…
Carbon Emissions
Are Hydrogen Heating Solutions an Option for Decarbonising Residential Heating in Ireland?
Cornwall Insight have released a report assessing the potential of hydrogen in the challenging task of decarbonising residential heating in Ireland.
Oil Price
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
LNG
MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.
Crude Oil
Mexico Slashes Oil Exports to India
Mexico, which was one of the top-ten oil suppliers to India last year, has drastically cut its crude exports to the Asian consumer so far this year.
Oil Field
Will the UK Greenlight Six New Oil and Gas Fields in North Sea?
The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.
Ofgem’s Boss: “We Need to Update the Price Cap More Frequently”
Ofgem’s Chief Executive Officer Jonathan Brearley has today hinted at more frequent changes in the level of the price cap.
Thermal Plant
Thermal Storage a Key Part of the Energy Transition Package – IRENA
Thermal energy storage comprised of heating or cooling as a storage medium is tested and deployed in a wide variety of applications. But key barriers remain lim…
Rooftop PV System
Solar and Renewable Energy Trends in 2022
As we move into a new year. Sven Lindström, CEO of Swedish solar energy technology leader Midsummer, gives us his insights as to what new trends we can we expe…
Solar Power Plant
EGAT Deploys Siemens Software Solutions for the Worlds Largest Hydro-Floating Solar Hybrid Project
EGAT has moved forward with its policy of using clean energy and reducing carbon dioxide emissions with smart technology by deploying Siemens’software solution…
Polysilicon Shortages in Solar PV Markets to End Within 18 Months
The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Re…
Energy Transition
Global Corporates Increase Renewable Energy Acquisition by 24%
Corporates bought 24% more renewable energy capacity in 2021 compared to 2020, according to a new report released by BloombergNEF.
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