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Japan

GlobalData: Japan to Nearly Achieve 2030 Renewable Power Generation Target

Japan is focusing on the rapid development of renewable energy to fill the void created by the Fukushima nuclear power plant disaster.

Smart Meter

Atlantic City Electric Set to Upgrade 565,000 Smart Meters

Atlantic City Electric will start the broad installation of new smart meters for its nearly 565,000 customers beginning in September 2022, and continuing throug…

Carbon Emissions

How the Aluminum Industry Is Forging a Path Toward Decarbonization

Humanity produced nearly 66 million metric tons of aluminum in 2020 — along with 2 percent of total global emissions.

Oil Price

Energy Bills Are Set to Soar in the UK

As natural gas prices continue to surge, the average energy bill in the UK is set to soar to nearly £4,000 a year ($4800 USD) in January.

Oil Price

Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build

Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …

EU

Europe Urged to Clamp Down on Growing Greenhouse Gases Black Market

Illegal hydrofluorocarbons smuggled into the EU amount to nearly 30% of the legal trade, according to the Environmental Investigation Agency

Offshore Wind Power

Vattenfall Prequalifies for the Upcoming French Offshore Wind Energy Tender in the Mediterranean Sea

Vattenfall prequalifies for the upcoming floating French offshore wind tender for two projects off the coast of the Mediterranean Sea.

Oil Refinery

Global Refining Capacity to Expand With New Projects in Middle East, Asia

The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…

Carbon Neutral

A Japanese Project Demonstrates a Carbon Neutrality Pathway for Coal Power

Osaki CoolGen Corp.’s complex three-phase demonstration project in Hiroshima Prefecture seeks to achieve highly efficient coal-fired power generation with near…

Australia

Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030

Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…

United Kingdom

Shell Greenlights Investment in Major Gas Field in the UK North Sea

Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025

Hydropower Plant

Construction of Chinese-Built Hydropower Plant in Zambia Nears Completion

Last Thursday, Zambian President Hichilema toured the Kafue Lower Gorge Power Station, a Chinese-built hydropower plant.

China

China Solar Installations More Than Double in First Half

China built nearly 31 gigawatts (GW) of new solar power capacity from January to June, up 137% from a year earlier, with full-year installations on course to hi…

United Kingdom

Two Thirds of Energy Industry Professionals Think the Market Needs to Be Drastically Reformed

A survey conducted by Cornwall Insight has shown nearly two thirds (63%) of people working in the energy industry believe the UK market needs to be drastically …

Energy Storage Battery

Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030

Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…