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Energy market
Australia
Energy Arbitrage Sends Big Battery Revenue to New Record High in 2022
Victoria Big Battery. Image suppliedLarge-scale batteries in Australia’s National Electricity Market (NEM) earned record high revenue from arbitraging the…
Nuclear Equipment
French Nuclear Fleet Failure, Drought and War to Blame for Record Power Prices in 2022
Last year Europe saw very high levels of wholesale power prices, driven by gas prices that repeatedly broke all-time high records since the start of the Ukraine…
Solar Power Plant
Australia Connects 3GW of New Capacity in 2022, Must Double That to Reach Renewable Target
Port Augusta Renewable Energy Park. Source: Iberdrola.The Australian Energy Market Operator has published its latest connections data, showing 2.9 gigawatts (GW…
Oil Price
Oil Prices Expected to Average Around $90 in 2023-2027
LONDON: Brent oil prices are expected to remain around $90 per barrel throughout the next five years, according to eighth annual survey of energy market profess…
World Energy Outlook
South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…
Hydrogen Production
Hydrogen at Centre of China’s Plans to Win Bigger Share of Green Energy Market
A view of the hydrogen production unit at a SinoPec refinery in Qingdao, eastern China. Feature China / Barcroft Media / Getty ImagesA decade ago, China used lo…
Hydropower Plant
Colombian Agency Probing Enel for Alleged Price Breaches at Hydroelectric Plant
(photo courtesy Enel)Colombian public services watchdog Superservicios is investigating Enel for alleged pricing irregularities in the country’s wholesale…
Liquid Hydrogen
NV Energy To Add BESS As It Works To Trim Reliance On Western Energy Markets
This is Energy Vault’s first public utility customer for our short duration energy storage solutions.
Natural Gas
UK to Set Out More Energy Reforms ‘Very Soon’: Hunt
Britain's government plans to announce reforms to the country's energy market "very soon", finance minister Jeremy Hunt said on Wednesday, after lawmakers blame…
Energy Investment
Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint
Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the …
Romania
Romanian Government Partially Regulates Energy Markets Until 2025
Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…
Nuclear Reactor
Japan, US Governments Asked to Beef up Nuclear Energy Dev't
The JAIF and NEI asked the two governments to improve the energy market and regulation.
Smart Meter
20 Point-Plan for Driving 100% Smart Meter Uptake in Australia
The Australian Energy Market Commission (AEMC) has put forward recommendations to drive 100% smart meter uptake in Australia by 2030, as part of a suite of refo…
Smart Grid
First Virtual Power Plant Inaugurated in Greek Energy Market
Driven by Greek electricity market reform, emsys VPP has announced the inauguration of the first Virtual Power Plant (VPP) into the Greek electricity market.The…
Natural Gas
Analysis: Renewables Shift Lays Bare Africa’s Energy Dilemma
Africa must build oil and gas pipelines, liquefied natural gas (LNG) terminals, distribution hubs and gas-fired power plants over the next 20 years to unlock it…
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