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Indonesia State Power Company PLN Reports $2.8 bln Q1 Loss
Indonesia’s state electricity company Perusahaan Listrik Negara (PLN) reported on Monday in its quarterly financial statement a 38.88 trillion rupiah ($2.77 bi…
Africa Energy
South Africa Consults with Industry on Nuclear Power Plans
On Sunday, South Africa's Energy ministry began consultations with industry on preparations for plans to build a 2,500 MW nuclear power plant.
Thermal Plant
Climate Targets Warrant Closure of All Gas, Coal Power Plants Soon, Study Shows
If solutions to turn emissions negative aren’t scaled up substantially in the mid-term to cap global warming.
Oil & Gas Trade
Iran Pressures South Korea To Pay Debts For Oil Exports
The governor of Iran's Central Bank has threatened legal action against South Korea if the Asian country’s banks refuse to unlock billions of dollars owed to I…
Energy Storage Technology
India: Industry Needs to Clarify Energy Storage Policy in New Electricity Law
A clear policy framework regarding energy storage is needed in the new electricity law for the adoption of storage technologies in suitable areas, an industry b…
Market Analysis
Wind and Solar will Each Provide more New Capacity than Natural Gas
According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), wind, solar, and hydropower provided 100…
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…
Power Construction
China to Construct 1,124MW Power Project in Pok Under CPEC
China under the multi-billion-dollar CPEC will set up a 1,124-megawatt power project in Pakistan-occupied Kashmir despite India's objection to it, according to …
Market Analysis
Siemens Deal to Enable Nigerians Receive 11,000MW of Electricity by 2023
Lai Mohammed, minister of information, says Nigerians will enjoy 11,000 megawatts (MW) of electricity by 2023.
Market Analysis
UK Double-Record: Electricity Prices and Carbon Emissions Hit New Lows
Both negative electricity pricing and carbon dioxide emissions from the UK's electricity sector hit record lows over the weekend.
LNG
US to Become LNG Swing Producer as Capacity Utilisation Declines
Gas prices have been trading in the negative in recent months.
Geothermal Power Plant
More Legal Security Requested for Geothermal Projects in Switzerland
Following news, that the canton of Jura in Switzerland is considering withdrawing a legally approved geothermal energy project retrospectively, we reported, the…
Oil Price
Negative Pricing Seen Spreading from Oil to Gas
Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing the prospect of also slipping int…
Clean emission
Microsoft: ‘carbon-Negative’ by 2030 even for Supply Chain
Microsoft is pledging to become 100% “carbon-negative” by 2030 by removing more carbon from the environment than it emits.
Electric Vehicle Battery
LG Chem & Panasonic In Tight Race To Be #1 EV Battery Supplier, CATL Solidly #3
2020 is far different from 2000 or 2010, though, in regards to batteries.
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