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Energy Storage Project

UK Support Scheme for Long-Duration Energy Storage Proposed as Cap-And-Floor, Lithium Excluded

Cruachan Dam, Scotland, an existing 440MW pumped hydro energy storage (PHES) facility, one of only four in the UK. Companies like owner Drax say that government…

Nuclear Power Plant (NPP)

UK Commits to Another Large-Scale Nuclear Plant in Net Zero Push

The UK will build another large-scale nuclear power plant, augmenting current projects by Electricite de France SA, as the nation maps out its biggest expansion…

Oil & Gas Trade

Power Prices Drop in Ireland as EU Increases Gas Reserves

Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome…

Renewable Energy

Philippines, Indonesia Ink Energy Cooperation Pact

President Ferdinand Marcos Jr. and Indonesian President Joko Widodo.MANILA, Philippines — The Department of Energy (DOE) on Wednesday welcomed the signing of a…

Oil & Gas Trade

Transneft: Russian Oil Exports via Its Network Down 6.5% in 2023

A general view shows the Achinsk refinery, which was acquired by Rosneft company in 2007 and currently processes West Siberian crude delivered via the Transneft…

Hydrogen Production

Marie Tecnimont, Newcleo Team Up to Produce Carbon-Neutral Hydrogen

Newcleo has signed an agreement with Maire Tecnimont's (MTCM.MI) units NextChem Tech and Tecnimont to use its nuclear reactors to decarbonise the chemical i…

Renewable Diesel

Indonesia's Palmco Delays IPO, Plans Biodiesel Plant Investment

Indonesia has delayed plans for an initial public offering (IPO) of palm oil producer PalmCo, an official from its parent, state agricultural group Perkebunan N…

Nuclear Power Plant (NPP)

France's Nuclear Power Boom May Curb Regional Power Emissions

A general view shows cooling towers and reactors of the Electricite de France (EDF) nuclear power plant in Cattenom, France, June 13, 2023. REUTERS/Yves Herman/…

LNG

Finland's Gasum Procures LNG Cargo for Inkoo Terminal From Sefe

Finnish energy firm Gasum said on Wednesday it is delivering a U.S. cargo of liquefied natural gas (LNG) it procured from Germany's SEFE LNG to the Inkoo fl…

Nuclear Power Plant (NPP)

Japan's Hokuriku Elec Reports Second Oil Leak From Shika Nuclear Plant

Japan's Hokuriku Electric Power (9505.T) on Wednesday reported a second oil leak at its Shika nuclear power station which was shaken by a powerful earthquak…

LNG

Vopak Consortium Selected to Operate New LNG Terminal in South Africa

South Africa has selected a Vopak (VOPA.AS) consortium as the preferred bidder to develop and operate a liquefied natural gas (LNG) terminal at the Port of Rich…

Microgrid

Spain May Raise Power Grids Investment Limits, Energy Minister Says

Electricity pylon next to a group of wind turbines are pictured in Barranco de Tirajana, in the island of Gran Canaria, Spain, May 11, 2022.REUTERS/Borja Suarez…

Oil Price

Oil Prices Fall 1% After Surprise US Storage Build

Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. Picture taken March 29, 2022. REUTERS/Benoit Tessier/File Phot…

Coal-Fired Power Plants

US Grid Operator PJM Asks Talen Energy to Postpone Fossil Fuel Plant Retirements

PJM Interconnection, the largest U.S. power grid operator, on Wednesday asked Talen Energy (TLNE.PK) to postpone the retirement of several fossil fuel-powered p…

Nuclear Power Plant (NPP)

Britain Aims for Faster Investment Decisions on New Nuclear Projects

Workers at the nuclear reactor area under construction, are seen at Hinkley Point C nuclear power station site, near Bridgwater, Britain, September 12, 2019. RE…