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Offshore Wind Power

Marco Polo Marine Enters Offshore Wind Market in Japan

Marco Polo Marine Ltd, a reputable regional integrated marine logistics company, has announced the signing of a memorandum of understanding (MoU) with ‘K’ Lin…

Oil Price

Oil Prices Drop to Below $80 for First Time Since January on Recession Fears

US Energy Information Administration expects global oil inventories to fall by 200,000 barrels per day in the first half of 2023.

Electric Car

How Rising Battery Prices Could Derail Arrival of Affordable EVs

Surging costs of materials including cobalt, nickel and lithium are driving increase.

Carbon Emissions

The UK Company Unlocking the Immense Power of Carbon Waste

As COP27 closed there was a clear understanding that there is no silver bullet to tackle climate change and a wide range of solutions are required to help manag…

Natural Gas

U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia

U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”

Coal-Fired Power Plants

Co-firing With Ammonia Project Set for Chilean Coal Plant

Power generators are exploring how they can retrofit coal-fired power plants to enable co-firing with ammonia, part of their strategy to reduce emissions of car…

SMR

Small Modular Reactors Aren’t Difficult Nuclear Waste Generators

Many experts believe small modular reactors (SMRs), which are generally classified as nuclear power reactors with an electrical output of 300 MW or less, offer …

Energy Transition

Australian Billionaire Forrest Snares CWP Renewables for Over $2.7 Bln

Australian mining billionaire Andrew Forrest's private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people f…

United Kingdom

Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge

The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…

Natural Gas

ICE Warns EU Gas Price Cap Could See Prices Rise

An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.

Energy Investment

Losses May Force Japanese, S. Korean Utilities to Delay Green Investment

South Korean and Japanese power utilities are sustaining heavy losses, kept from passing rising generation costs on to customers and, according to analysts, for…

Wind Farm

Billionaire Forrest Aims to Develop 5 GW of Wind Farms by 2030

CWP Renewables, now in the hands of Andrew Forrest, plans to develop 5 gigawatts of wind farms in Australia by 2030.

LNG

U.S., Britain Launch Energy Partnership to Boost Supplies

The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …

Energy Transition

G7 Makes New $15 Billion Offer to Vietnam to Cut Coal Use -Sources

The Group of Seven (G7) industrialised nations has made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transit…

United States

U.S. Power Use to Hit Record in 2022 on Economic Growth, Hotter Weather -EIA

U.S. power consumption will rise to a record high in 2022 because of increasing economic activity and hotter summer weather, the U.S. Energy Information Adminis…