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Electricity Trade

Taiwan’s $3.1bn Funding Cut for Taipower May Raise Electricity Rates

The implications of any resultant price increases could extend beyond Taipower, potentially leading to escalated expenses for energy-intensive sectors.Taiwan ha…

Power Construction

Australia Increases Transfer Capacity of Central-West Orana REZ to 7.7 GW

The Energy Corporation of NSW (EnergyCo) has increased the amount of renewable generation and storage that can connect to the transmission network in the Centra…

Oil & Gas Supply

Algeria: Hydrocarbons - Engine Oil Imports Decline Thanks to Rise in Local Production

Algeria's imports of engine oil have significantly dropped in the past few years thanks to the quality of local production which recorded a substantial incr…

Oil Price

Petrol Ex-depot Price Hike: Dangote Refinery Absorbs Logistics Costs for Nationwide Uniform Pricing

Dangote Refinery has announced a five per cent increase in the ex-depot price of petrol from N899.50 to N950 per litre due to a significant rise in global crude…

Power Construction

China Boosts Grid Spending to Support Renewable Energy Expansion

China’s wind and solar capacity more than doubled from 2020 to 2024, reaching 1,350GW.China is significantly increasing its grid investment to support the…

EV Market

New Energy Vehicles in Use in China Exceed 30 Million

The number of new energy vehicles (NEVs) in use in China has continued to increase at a faster pace, reaching 31.4 million by the end of 2024, the Ministry of P…

Natural Gas

Federal Gov’t Grows Cng Refuelling Capacity by 180%

The federal government has increased its Compressed Natural Gas (CNG) refuelling capacity by 180 per cent, as part of its ongoing initiative to expand CNG infra…

Rooftop Solar

Australia’s Rooftop Solar Market Ends 2024 on High

The latest small-scale solar data from Australian industry analyst SunWiz shows that the market for rooftop PV installations of up to 100 kW rose by 14% in mont…

Biorefinery

EIA: Biomass Power Capacity to Remain Unchanged in 2025, 2026

Renewables are expected to account for 25% of U.S. electricity generation in 2025, increasing to 27% in 2026, according to the U.S. Energy Information Administr…

Crude Oil

Basrah Crude Prices Surge Over 5% as Oil Markets Recover

Basrah crude oil prices climbed more than 5%.Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79, …

Electric Vehicles

China Leads Worldwide EV Sales

Despite the low take up of EVs in the UK, worldwide 2024 was a bumper year for the electric car with 17.1 million vehicles sold.That’s a 25% jump from 202…

Hydropower Plant

Rhondda Hydro-Electric Scheme Plans Lodged - Set to Contribute to Carbon Reduction Targets

Rhondda Cynon Taff Council is proposing an investment in new infrastructure that will use the natural flow of moving water to generate electricity.The schemes w…

Biofuel

USDA Invests Over 14 Million Dollars in Domestic Biofuels and Clean Energy Projects to Lower Costs and Increase Energy Security in Wisconsin

U.S. Department of Agriculture (USDA) Rural Development Wisconsin State Director Julie Lassa today announced that the USDA is investing $14,000,418 more in gran…

Oil Price

Price May Rise as Crude Hits $81 per Barrel

The prices of premium motor spirit and other petroleum refined products may rise in the coming days following the increase in the cost of crude oil prices, such…

Photovoltaic （PV）

Taiwan to Increase Solar and Wind Power by 8.2 GW

Taipower wind farm.The Ministry of Economic Affairs announced a plan on Saturday to add 8.2 GW of offshore wind and solar power capacity by the end of 2026.Econ…