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Coal-Fired Power Plants

Analysts Find Loopholes in Korean RE’s Move to Halt Coal Reinsurance

The company announced it will stop providing reinsurance to new coal mining or power plants.

Coal-Fired Power Plants

Co-firing With Ammonia Project Set for Chilean Coal Plant

Power generators are exploring how they can retrofit coal-fired power plants to enable co-firing with ammonia, part of their strategy to reduce emissions of car…

United States

U.S. Power Use to Hit Record in 2022 on Economic Growth, Hotter Weather -EIA

U.S. power consumption will rise to a record high in 2022 because of increasing economic activity and hotter summer weather, the U.S. Energy Information Adminis…

Pumped Storage

‘Geomechanical Pumped Storage’ Startup Quidnet Gets Us$10 Million ARPA-E Funding

Quidnet, a company developing a proprietary mechanical energy storage technology, has been selected to receive funding from the US Advanced Research Projects Ag…

Energy Investment

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…

Natural Gas

Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document

The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…

Electric Car

UK Backs Ford With £600m to Build EVs

The cars will be built in Essex and Merseyside before being shipped across five continents.

Which ASEAN Countries Are the Most Energy-Intensive

A total of seven countries in the Association of Southeast Asian Nations (ASEAN) region are less intensive than the world average, but three are above, led by B…

LNG

Europe to Raise LNG Import Capacity Significantly Through 2024

The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021.

Emissions Trading System

EEX Exchange to Host German Carbon Auctions for Another 3 Years

The European Energy Exchange (EEX) has won the tender to host auctions of emission allowances on behalf of the German government for three years from 2024, exte…

EDF Signs for Additional 2 Billion Euros of Loans

Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space …

Natural Gas

Nord Stream Updates Russia-Germany Pipeline Outage End-Date to April Next Year

Nord Stream AG, the operator of the Russia-led Nord Stream 1 gas pipeline, on Monday updated the end date of the unplanned outage at the Greifswald exit in Germ…

SMR

UK to Unveil Plans to Push Ahead with SMRs

The government has ambitions to triple UK’s nuclear power generation

Energy Investment

Canadian Banks Slammed for Continued Fossil Fuel Investments

Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.

Energy Saving

UK Government Unveils £1bn ECO+ Energy Efficiency Scheme

It will extend support to those who currently do not benefit from any other government support to upgrade their homes, targeting the least energy efficient home…