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China

China to Bring Solar and Wind Power Generation to 11% of Total Electricity Use in 2021

China has flagged it will seek to raise its power generation from solar and wind plants to around 11% of the country’s total power consumption in 2021, from 9.…

Offshore Wind Power

Giant Offshore Wind Energy Projects to be Built in Ireland’s Seas

Ireland’s plans for developing offshore wind are starting to take real shape with two new large projects in the pipeline.

Philippines Ready To Claim Oil Resources With Military

The disputed South China Sea may soon see an escalation in tensions over oil drilling rights between China and the Phillippines

Oil & Gas Trade

World’s Largest Oil Trader Expects Strong Demand Rebound This Year

Global oil demand is set for a rebound between now and the end of next year, with consumption expected to rise from current levels by as much as 8 million barre…

Electricity Trade

DEME Wins French Floater Export Cable Gig

DEME’s French subsidiary has won a contract for the export cable for the 30MW Leucate floating offshore wind farm, off France.

Market Analysis

Americas to ‘Lead Global Storage by 2025’

S will be responsible for the most growth and will be followed by China and then Japan, says Wood Mackenzie

Carbon Emissions

UK Commits to 78% Emissions Cut by 2035

The UK Government will set the world’s most ambitious climate change target into law to reduce emissions by 78% by 2035 compared to 1990 levels, announced toda…

Thermal Plant

Montenegro Expects more Hours for Pljevlja Power Plant

Montenegrin state-owned utility EPCG expects to be granted additional operating hours for the 225MW Pljevlja lignite-fired plant, which had been due to close la…

Coal-Fired Power Plants

Seoul Requests Voluntary Cut from State Coal Plants

The South Korean government has asked state-owned Kepco utilities to voluntarily restrict its use of coal in April-November to limit overall emissions, sources …

CCS

ExxonMobil Pitches $100bn Houston Carbon Capture Hub

ExxonMobil is seeking federal support to develop a "hub" that could capture all of the CO₂ emissions from refineries and industrial facilities along the Housto…

Energy Transition

Clean Energy a Strategic Priority for the UAE, Energy Minister Says

The country plans to raise the share of renewables in its energy mix to 50% by 2050

Oil Price

US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge

Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility

Solar Power Plant

P&G’s Hyderabad Facility First in India to Go Solar

FMCG biggie Procter & Gamble on Monday said it has commissioned its first in-house solar power plant in India at it’s Hyderabad manufacturing facility.

Carbon Emissions

IKEA Owner Sets Aside 4 bln Euros for Green Power Projects

Companies of all kinds are increasing their investment in a lower carbon future in response to investor pressure and as momentum builds ahead of the next round …

Carbon Emissions

Schneider Electric Partners with 1,000 Suppliers to Help Cut Carbon Emissions by 50 per cent

The company said under the Zero Carbon Project Schneider Electric will provide tools and resources to program participants to help them set and achieve their ow…