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Market Analysis

Wood Mackenzie reveals energy sector’s top ten trends in 2021

Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.

Oil & Gas Trade

China Trade War on Itself Sends LNG Prices Mad

Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…

Wind Farm

Nordex Secures Turbine Contract from WPD for Finland Wind Farm

Nordex has secured a contract from German wind and solar developer WPD to supply wind turbines for the 188MW ‘Karhunnevankangas’ project in Finland.

Offshore Wind Power

Significant Developments on Offshore Wind in the Baltic Sea

And the North Seas Energy Cooperation should help them build on the successes of offshore wind in the North Sea, as well as the UK.

Wave Energy

Bombora Mitsui Eye Japanese Wave Opportunities

Mitsui OSK Lines has entered into an agreement with wave energy developer Bombora to identify wave energy potential across Japan.

Hydropower Plant

India Gets $231m ADB Aid for Lower Kopili Hydro Project

The Asian Development Bank (ADB) has approved a $231 million loan to fund the construction of the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assa…

Hydropower Plant

Government Clears Eight Hydropower Projects On Indus River In Ladakh

At present, there are several small projects, with a collective capacity of 113 MW on Indus in Ladakh, and the new projects will have much more capacity than th…

Hydrogen Project

Norwegian Offshore Wind-to-Hydrogen Project Gets Financial Boost

Innovation Norway has granted financial support to the Deep Purple project, which is developing a green hydrogen production system powered by offshore wind, wit…

Oil & Gas Supply

Belarus Secures Russian Oil and Gas Supplies for 2021

The details of the bilateral deal, however, do not appear to reflect any sort of compromise by both sides.

Japan

Japan’s Power Prices Hit Record Highs on LNG Shortage

A severe shortage of LNG supplies among Japanese power utilities on the back of an unseasonably cold winter has driven the country's wholesale electricity price…

Solar Cell

The State of the Art in Perovskite Tandems

A new paper from scientists in China and Canada examines the recent progress in the development of perovskite-silicon tandem cells, finding a technology that’s…

Market Analysis

Ten Renewable Energy Trends to Watch in 2021

Even after Covid-19 has wreaked havoc on almost everything else, the new year begins with surging growth for renewable energy.

Hydrogen Fuel Cell Vehicle

Scotland’s First Hydrogen-Powered Train to Debut This Year

A newly formed consortium, led by hydrogen fuel cell integration specialist Arcola Energy, is working to deliver Scotland’s first hydrogen-powered train before…

Submarine Cable

Submarine Cable Helps Triple CGES’ Electricity Transit Revenues

The submarine power cable between Italy and Montenegro has helped the Balkan country increase revenues from electricity transit by threefold.

Crude Oil

Russia: Annual Oil Production at Lowest Level Since 2011

Russia’s oil production declined last year for the first time since 2008 and reached its lowest level since 2011 following a global deal to cut output and low …