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Offshore Wind Power

Offshore Wind CAPEX in China to Decline in Next Decade: Report

Capital expenditure in the market is expected to drop to $7.7b in 2030.

Oil Price

Why Is There a Worldwide Oil-Refining Crunch?

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro…

Coal Price

Australian State’s Coal Royalty Hike Could Nudge Others to Follow Suit - Analysts

Queensland's bigger-than-expected hike in coal royalties could embolden other Australian states and resources-heavy countries around the world to make similar m…

Carbon Pricing

Global Climate Goal Could Be In Peril Without Carbon Price Reform

Investors managing $10.6 trillion on Wednesday said an overhaul of international carbon pricing policies was necessary to prevent the world missing a goal to li…

Electric Vehicle Battery

Britishvolt Extends WMG Battery Cell Contract

Following an initial 12-month project, Britishvolt and WMG University of Warwick are embarking on a two-year programme.

United Kingdom

UK Government £263MN ‘Tax Calamity’ Warning to Energy Sector

Energy businesses urged to prioritise their compliance to IR35 rules to avoid penalties issued to government warns insurance provider Qdos.

Clean and Affordable Energy Top of Mind in Road Towards COP27

As the world inches closer to COP27, top of discussions is ensuring clean and affordable energy for all, especially Africa.

Solar Power Panel

US Solar Developers to Spend US$6B to Boost Local Panel Supplies

A group of US solar energy project developers yesterday said they would jointly spend about US$6 billion (RM26.4 billion) to support expansion of the domestic s…

Offshore Wind Power

Vattenfall and Air Liquide Sign Long-Term Electricity Supply Agreement for Offshore Wind

Air Liquide has signed its largest long-term Power Purchase Agreement (PPA) to date in the Netherlands with Vattenfall, for 115 MW or around 500 GWh per year, o…

Energy Transition

EU Agrees Deal on Company Disclosures to Combat Greenwashing

The European Union has reached a deal on corporate sustainability reporting requirements for large companies from 2024, a European Parliament committee said on …

United States

Surge in U.S. Renewable Diesel Supply Won’t Offset Loss of Petroleum Diesel

A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity f…

Latest Ofgem Measures Protect Consumer Credit Balances

Energy regulator Ofgem has announced new measures to improve the financial health of energy suppliers and enable resilience in the face of future energy market …

Nuclear Fusion

AI to Accelerate Fusion R&D

The International Atomic Energy Agency (IAEA) has launched a programme to create a platform and network to advance fusion R&D with machine learning and artifici…

Wind Farm

Snowy Hydro Secures Offtake Deal With 414MW Wind Project

Australian electricity generation company Snowy Hydro has signed a contract to purchase power and renewables certificates from a new CWP Renewables wind farm de…

Nuclear Power Plant

How Has Nuclear Energy Changed Over the Years?

Nuclear energy is one of the most challenging energy sources. For some, the dangers of nuclear power outweigh the benefits. For others, nuclear power appears to…