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Market Analysis

Why Hydrogen, Why Now? Because Climate, Economy And Finance Say So

Hydrogen energy is seeing unprecedented support. Not only from long-time enthusiasts like Japan and Korea, but from upstarts like Australia and Chile.

Power Construction

Nigeria's Stranded Electricity Hits 4,159MW as GenCos Seek Unbundling of TCN

Electricity Generation Companies have said although they have increased their generation capacity to 8,145Mega Watts in 2020, they only produce 3,987mw for Nige…

Oil & Gas Trade

Oil Price Climbs to $42 as China's Imports Hit All-Time High

Oil prices climbed on Monday after OPEC+ agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in …

Power Construction

Zimbabwe's ZETDC Restores Electricity to Beitbridge West

The Zimbabwe Electricity Transmission and Distribution Company has restored power to Beitbridge West constituency where most business centres, clinics, schools …

Nuclear Power Plant

Vogtle Project ‘Highly Unlikely’ to Meet Deadlines

The two new reactors are “highly unlikely” to meet state-approved deadlines, and also will probably have additional cost overruns.

Energy Storage System

Energy Storage to Surge to 89GW by 2040 Across Major European Markets

Energy storage systems look set to win out over other flexibility providers, as solar and wind generation continues to soar.

LNG

Avenir LNG Carrier Nearing Completion

Singapore's Offshore Technology Development has recently completed the installation of a ballast water treatment system on Avenir LNG's small-scale vessel.

Geothermal Power Plant

Daldrup & Söhne AG Successfully Drills Production Well for Geothermal Heating Plant Project in the Netherlands

The drilling technology and geothermal energy group Daldrup & Söhne has successfully drilled the first well of the triplet for Aardwarmte Combinatie Luttelgees…

Energy Technology

Electric Vehicles Boom will Push Nickel Sulphate Supply to Peak in 2027

With the demand from the electric vehicle sector continuing to accelerate, Nickel Sulphate production is expected to rise from 211 kilo-tonnes in 2019 to its pe…

Offshore Wind Power

Germany Seeks 5-Fold Increase in Offshore Wind Power by 2040

The German government wants to increase offshore wind power capacity five-fold by 2040 as part of its plan to wean the country off fossil fuels.

Energy Technology

Clean Tech Could Cut Fossil Fuel Profits by Two-Third: Carbon Tracker

A new international report on Thursday showed how falling demand and rising investment risk is likely to slash the value of oil, gas and coal reserves by nearly…

Nuclear Power Plant

Ontario Completes First Darlington Refurbishment

Unit 2 of Ontario Power Generation's Darlington nuclear power plant has been reconnected to the grid at 100% full power, marking the official completion of the …

Crude Oil

Indonesia Sees Product Demand Up 160,000 b/d by 2026

Indonesia expects domestic oil product demand to increase by 12pc or around 160,000 b/d by 2026, but an expansion of refinery capacity should eliminate the need…

Energy Transition

Eni Restructures Company to Lead Energy Transition

Italian oil major Eni announced Thursday it will undergo a structural transformation in the coming weeks, to become “a leader in the energy transition,”

Offshore Wind Power

Iberdrola, Enea Eye 3.3 GW Polish Offshore Wind Tie-Up

Spanish power utility Iberdrola SA (BME:IBE) and Polish sector player Enea SA (WSE:ENA) have signed a letter of intent (LOI) to jointly develop up to 3.3 GW of …