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Nuclear Power Plant

Electric Bill Fee to Subsidize Nuclear Plants Renewed into 2025

Ratepayers will continue to pay an extra fee on their electric bills for an additional three years to keep three Salem County nuclear plants open, after a unani…

Hydrogen Transport

Rosatom and TMH Create a JV to Develop Hydrogen Transport

Rosatom and TMH - Energy Solutions signed a memorandum of cooperation and mutual understanding regarding the creation of a joint venture with the purpose of com…

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 …