Erg

Wave Energy

INGINE Announces 2022 Wave Energy Plans

South Korean wave energy developer INGINE is revealing ambitious growth plans for 2022, plotting further global expansion and new projects to accelerate commerc…

United States

FERC Receives Two Proposals for Same Pumped Storage Location

The U.S. Federal Energy Regulatory Commission (FERC) has received two applications for preliminary permits for a pumped storage project at the same location, La…

Hydropower Plant

Invitation to Tender Issued for Coire Glas Main Construction Contracts

Six groups have been invited to submit tenders for construction of the proposed pumped hydro storage scheme at Coire Glas, on the shores of Loch Lochy near Inve…

Hydropower Plant

Investments in Hydro Set to Increase in 2022 Says New Research

Hydropower capacity in 2022 is set to exceed 1200GW and investments will climb to $36.3 billion, new research from Rystad Energy has suggested, with hydro set t…

Sumitomo Electric Secures US$200M Worth 400 kV High-Voltage Direct Current Submarine Cable Project in UAE

Sumitomo Electric Industries, Ltd. has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) …

Offshore Wind Power

UK to Hold Yearly Contracts for Difference Auctions from 2023 Onwards

The UK government will increase the frequency of auctions for funding through the Contracts for Difference (CfD) scheme to every year rather than every two year…

Siemens Reports “Solid Performance” for Gas and Power

Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.

Carbon Emissions

How the Utilities Industry is Building a Sustainable Future

The energy and utilities industries play a significant role in carbon emissions. In the US, 25% of greenhouse gas (GHG) emissions come from electricity generati…

Oil Price

TotalEnergies: High Oil Prices Are Here To Stay

TotalEnergies CEO Pouyanné: I've no good news to deliver, oil prices will remain high.

Energy Storage Battery

Solar, Wind and Energy Storage Proposals for New South Wales Renewable Energy Zone Come Flooding in

The Australian state of New South Wales (NSW) has received proposals for more than 34GW of solar, wind and energy storage for its South-West Renewable Energy Zo…

Crude Oil

U.S. Crude Output to Rise 770,000 bpd in 202R

U.S. crude oil output is expected to rise 770,000 barrels per day to 11.97 million bpd in 2022, the government said in a monthly forecast on Tuesday.

Crude Oil

Mexico Slashes Oil Exports to India

Mexico, which was one of the top-ten oil suppliers to India last year, has drastically cut its crude exports to the Asian consumer so far this year.

Wind Turbine

Canadian Firm Secures $2.4m for Wind Pitch Motor Technology

Canadian firm Enedym has secured CAD$2.4 million (£1.4m) from Sustainable Development Technology Canada (SDTC) to commercialise and advance its Ventium wind pi…

Carbon Neutral

Can Renewables Help Bitcoin Become Carbon-Neutral?

With the bitcoin community continuing to expand, many still wonder how this energy-intensive industry could be sustainable.

Ofgem’s Boss: “We Need to Update the Price Cap More Frequently”

Ofgem’s Chief Executive Officer Jonathan Brearley has today hinted at more frequent changes in the level of the price cap.