Nea

Hydrogen Project

Australia’s Largest Green Hydrogen Plant Advances Towards Execution in Early 2021

Infinite Blue Energy’s landmark green hydrogen project near Perth, Australia reached a new milestone this week with the installation of a weather monitoring sy…

Market Analysis

China Sets 2020 Milestone in Wind-Power Capacity Growth

Construction of wind power in China, offshore and onshore, nearly tripled in 2020 over the previous year, hitting a new record of nearly 72 GW, according to dat…

NEA, IFNEC and Poland Launch Nuclear Financing Initiative

The OECD NEA has launched an initiative together with Poland's Ministry of Climate and Environment and the International Framework for Nuclear Energy Cooperatio…

Market Analysis

China Installed 48.2 GW of Solar in 2020

With the nation almost doubling its new generation capacity figure for the year last month, the National Energy Administration is reportedly considering a joint…

Nuclear Power Plant

Japan's Carbon Neutrality Dilemma: More Nuclear Power or More Renewables?

With Japan committed to becoming carbon neutral by 2050, Prime Minister Yoshihide Suga’s administration is grappling with key questions over which near-term me…

Japan

Japan’s Power Prices Hit Record Highs on LNG Shortage

A severe shortage of LNG supplies among Japanese power utilities on the back of an unseasonably cold winter has driven the country's wholesale electricity price…

Hydropower Plant

GE Signs Agreement with BE Power to Accelerate 400 MW Pumped Hydro Project in Australia

Nearly half of the more than 8 GW of hydropower capacity operating in Australia today is powered by our turbines, generators or both.

Oil Pipeline

US Congress Authorizes New Nord Stream 2 Sanctions

The sanctions aim to derail construction of the remaining offshore portion of Russian state-controlled Gazprom's near-complete 55bn m³/yr Nord Stream 2.

Wind Farm

Morocco to Build 270 MW Wind Farm Near Essaouira

Morocco has given a go-ahead to a 270 MW wind farm in Jbel lahdid near Essaouira for a total cost of 2.8 billion dirhams as part of its plan to promote green en…

Oil & Gas Trade

Egypt Signs 9 Exploration Deals Worth $1bn with Energy Companies

Awards cover exploration along the eastern and western Mediterranean as well as the Red Sea

Thermal Coal

China Thermal Coal Futures Set for Biggest Monthly Rise in 3 Years

Zhengzhou Commodity Exchange thermal coal futures are up nearly 12% this month and on course for their biggest monthly gain since January 2018

Natural Gas

PetroChina to more than Double Sichuan Shale Gas Output by 2025

That will surpass a target set by Sinopec, which led China's shale gas development with the first commercial find at Fuling, also in the Sichuan basin, and whic…

Coal Production

Weekly US Coal Production Totals 11 million st, Down 12.6% on Year: EIA

Weekly US coal production was estimated at nearly 11 million st in the week ended Dec. 19, down 2.6% from the year-ago week, US Energy Information Administratio…

Energy Storage Project

DOE Invests US$7.6 million to Develop Energy Storage Projects

The U.S. Department of Energy has selected 29 projects to receive nearly US$7.6 million in federal funding for cost-shared research and development.

Biobattery

Trump Signs COVID-19 Relief, Tax Extenders Package

After a nearly week-long delay, President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief and governm…