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Offshore Wind Power

Biden Admin Approves Nation’s Second Offshore Wind Power Project

The Block Island Wind Farm is pictured off the coast of Rhode Island in 2016.

Crude Oil

Barclays Lifts Brent Oil Price Forecast To $80 In 2022

Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower supply growth next year an…

Crude Oil

Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover

Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration

Nuclear Policy

UN Nuclear Agency Fails To Reach An Agreement With Iran

The head of the United Nations' atomic agency says talks he held in Tehran this week over Iran's nuclear program proved inconclusive.

Smart Grid

Global Smart Meter Market to Record 7.76% Growth Through 2025

The global smart meter market will record an annual compound growth rate of 7.76% amounting to $11.19 billion between 2021 and 2025.

Hydrogen Storage

Hydrogen Storage Project to Fuel Buses in Glasgow

The UK Government has earmarked £10 million in funding for a hydrogen storage project near Glasgow, Scotland.

Wind Power Project

KENYA: Gitson Energy Wins Case for its 300 MW Wind Project in Bubisa

The Kenyan court has ordered the Kenyan government to include the Bubisa wind farm in Marsabit County in its list of approved power projects.

Smart Grid

Enel Pilots 5G in Smart Grid in São Paulo

Brazil’s capital São Paulo is the setting for what is believed to be the first 5G project in Latin America’s power distribution sector.

Germany

Germany to Boost 2030 Offshore Goal to 30GW

New coalition agreement also includes 40GW by 2035 and 70GW by 2045 targets

Energy Storage Battery

30MW UK Battery Scheme Gets Go-Ahead

Devon facility is first of several projects to be developed by Balance Power

Market Analysis

Xi Urges Sci-Tech Management System Reform, Development of Unified Electricity Market System

Chinese President Xi Jinping has emphasized the importance of speeding up reform of the science and technology management system

Cooperation case

Belt and Road Cooperation Reaches Heart of Africa

The Central African Republic has signed a Belt and Road cooperation agreement with China, bringing the number of countries involved in the Belt and Road Initiat…

Germany

German Coalition Targets Earlier Coal Exit

Germany hopes to bring forward its coal phase-out by eight years to 2030, boosting renewables' share of the generation mix to 80pc.

CCS

Singapore Targets 2mn t of Carbon Capture by 2030

Singapore is targeting at least 2mn t of carbon capture by 2030 and more than 6mn t/yr of carbon abatement by 2050.

Energy Storage System

Wärtsilä to Supply Energy Storage to Belgium

The technology group Wärtsilä will supply a 25-MW/100-MWh energy storage system under an extended equipment delivery and a long-term service agreement in Belg…