Ess

Austria

Austria’s OMV Targets Expansion of Low Carbon Business

Vienna-headquartered energy company OMV says that it will be focusing on geothermal energy as an essential part of its strategy.

Novel Inexpensive Wind Energy Harvester

Nanyang Technological University researchers (NTU Singapore) have developed a low-cost device that can harness and store wind energy as benign as a light breeze…

Hydropower Plant

GE Renewable Wins Maintenance Contract for 11GW Hydropower Plant in Brazil

GE Renewable Energy’s hydropower business has signed a five-year contract with Norte Energia

Indonesia

Indonesia’s Geothermal Energy to Reach 8.1GW by 2035

It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.

Long-Duration Energy Storage a Prerequisite for the Energy Transition– Study

An issue brief released by ESS Inc. details the critical need for long-duration energy storage (LDES) to create an efficient, low-carbon energy system and avoid…

Masdar Plans Acquisitions as It Continues to Expand Its Portfolio

Exclusive: Abu Dhabi company is assessing new renewable opportunities in different countries, top executive says

Virtual Energy Management Pilot Coordinates Commercial Energy Use

With the hopes of allowing businesses in the US to optimise how and when their buildings use energy, a utility, a grid modernisation tech developer and a digita…

Wind Farm

China’s New Offshore Wind Farm Installation Vessel Becomes Operational

China’s first 2,000-tonne-class offshore wind farm installation vessel, dubbed Baihetan, is delivered for operation on Wednesday in Nansha District of Guangzho…

Digital Innovation Hubs – A New Approach in Europe

The Digital Innovation Hubs are designed as a ‘one stop shop’ to support companies to digitalise their business.

Natural Gas

Germany Considers Price Caps as Energy Crisis Worsens

Germany looks to cap the prices of electricity and natural gas to help households and businesses reel from the soaring energy prices.

Oil Price

Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.

Crude Oil

Brent Crude Slides Below $85 a Barrel as Dollar Surges

Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.

Energy Storage Technology

Renewables and Storage Are Better Together

The growth of intermittent renewable energy across the globe has necessitated the deployment of energy storage technologies to fully replace fossil fuels with c…

Geothermal Power Plant

Indonesia’s Geothermal Energy to Reach 8.1GW by 2035

It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.

Wind Power Project

Wind Energy Industry Warns: Actions Not Words Needed to Address Energy Security and Climate Crises Ahead of COP27

More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power market…