Ears

Nuclear Power Plant

TVEL Manufactures Trial Nuclear Fuel Assembly for the First Land-Based SMR Plant with RITM-200 Reactor

The plant's installed electrical capacity will amount to at least 55 MW, while the service life of irreplaceable equipment will last for about 60 years.

Wave Energy

Eco Wave Power, CIMC OEI ink MOU for Power Tech Dev’t in China

The MOU is effective for two years but it can be extended by the parties.

Coal Price

China Coking Coal, Coke Rally on Growing Supply Fears

Coking coal scales contract high, coke hits 4-week peak

India

Four Days Of Coal Reserves Left In India, Energy Crisis Deepens

Coal-fired power stations had an average of four days' worth of stock of the fuel at the end of last month, the lowest level in years, and down from 13 days at …

Market Analysis

Global Energy Crisis Drives U.S. Coal Prices to Two-Year High

The global energy crisis is rippling into U.S. coal markets, with prices hitting a two year high due to surging demand and years of supply cuts.

Crude Oil

Oil Price Falls for Second Day as Supply-Driven Rally Peters Out

Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.

Net Zero Emission

Britain's M&S Aims to be Fully Net Zero on Emissions by 2040

Marks & Spencer pledged on Thursday to become net zero in carbon emissions across its own operations, its entire supply chain and its products by 2040, ten year…

Cooperation case

China Remains Africa's Top Trading Partner for 12 years

China had remained Africa's largest trading partner for 12 consecutive years by the end of 2020, despite the headwinds of the COVID-19 pandemic.

Oil Price

Oil Price Hits Highest in Almost Three Years As Supply Tightens

Brent futures rose 84 cents, or 1.1%, to settle at $78.09 a barrel, while U.S. West Texas Intermediate crude rose 68 cents, or 0.9%, to settle at $73.98.

Coal-Fired Power Plants

China’s Pledge to End Building Coal Plants Abroad Improves Belt and Road’s Reputation, Development Bank Says

Coal projects were a consistent feature of the BRI in the last years.

Energy Storage Technology

Bill Gates’ Breakthrough Energy Catalyst Program Gets Anchor Partner in ArcelorMittal

The $100 million equity investment is being made through the XCarb innovation fund across 5 years.

Solar Power Plant

Multi-gigawatt Australian Solar-Storage Sun Cable Project Clears Further Hurdle

A project that bids to combine up to 20GW of solar PV with the world’s largest energy storage battery and a 4,200km-long subsea power cable has moved a step fo…

Nuclear Power Plant

Second Belarusian Reactor Nears Operation

Ostrovets 2 is at the hot test stage of commissioning and should begin generating electricity next year.

Wind Power Project

ABANCA and Endesa Sign a Long-Term Galician Wind Energy Supply Agreement

ABANCA and Endesa have signed a renewable energy collaboration agreement to cover most of the electricity demand of the financial institution with Galician ener…

Brazil

Brazil Clears GNA's LNG Powerplant to Start up

Brazilian regulators cleared an LNG-fired powerplant owned by Brazil's gas and power group Gás Natural Açu to start generating power on 16 September.