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United States
New Study by Leading Renewables Consultant ArcVera Shows Texas Icing Event Led to Over $4 Billion Financial Loss for Wind Farms
Study points to shortcomings in the hedged financial structures, with asymmetric price risk leading to significant losses for wind farm operators and gains for …
Energy Technology
Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application
Recently, the catalytic cracking technology of crude oil independently developed by the Research Institute of Petrochemical Industry is being tested in Yangzhou…
Energy Technology
EXERGY Supplies ORC System to EDC
EXERGY has signed a new contract with Energy Development Corporation for the supply of an ORC binary system.
Market Analysis
How Safe is Fukushima’s Waste Water Disposal Plan?
Three independent UN human rights experts have expressed concern over Japan’s decision to discharge potentially radioactive water into the Pacific Ocean.
United States
New York Commits to 20 Renewables Projects Under 2021 Climate Plan
As part of efforts to mitigate climate change by leveraging clean energy resources, New York state will be developing more than 20 renewable energy infrastructu…
Oil Field
Israeli Firm to Sell Gas Field Stakes to UAE Company: Statement
Delek is seeking to sell its stake in Tamar, a huge gas field under the Mediterranean some 80 kilometres off the coast of northern Israel
Oil & Gas Trade
Lundin Sells Its First 'Carbon Neutral' Oil as Climate Activism Grows
Sweden's Lundin Energy has sold what it said is the world's first oil cargo certified as carbon neutral at the point of production to Italian refiner Saras, the…
United States
US Energy Secretary Urges Oil Sector to Diversify
Oil companies that are slow to shift toward cleaner energy source risk of being left behind as the world reduces carbon emissions, US energy secretary Jennifer …
Energy Investment
South Korean and Chinese EV Battery Companies Competing in Hungary
South Korean EV battery companies are increasing their investments in Hungary rapidly, and yet it is China that made the largest investment in the industry in H…
Tidal Energy
Magallanes Tidal Unit Reinstalled at EMEC
2MW Atir device will be reconnected to the national grid in the coming weeks
Market Analysis
Global Energy Storage Market Trends Through 2030
The Americas region is projected to take the lion’s share of the global energy storage market by overtaking the Asia Pacific region by 2025
Offshore Wind Power
Ørsted and Eesti to Build 1-2 GW Baltic Offshore Wind Power Plant
Eesti Energia’s renewable subsidiary Enefit Green and Danish offshore wind developer Ørsted have signed an agreement which outlines a vision for the developme…
Wave Energy Converter
Enel Team Installs First Wave Device in Chile
Enel Green Power Chile and Ocean Power Technologies have installed the PB3 PowerBuoy wave energy converter off the coast of Las Cruces in the Valparaiso region …
Electric Car
Germany, Italy Lead Europe's EV Demand Drive in 1Q
Battery electric vehicle registrations increased year on year in the first quarter of 2021, spurred by gains in Germany and Italy
Oil Price
Qatar Petroleum Plans Debut Dollar Public Bond Sale
The world's top liquefied natural gas supplier sent banks a request for proposals for the planned debt sale in the last few weeks, the sources said, with one of…
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