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United States
U.S. Power Use to Reach Record High in 2022 as Economy Grows, EIA Says
U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy O…
Crude Oil
EIA Lowers U.S. Oil Production Forecast
The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.
Net Zero Emission
Decarbonisation Barred by Energy Sector Challenges – WEF
The transformation of industrial sectors is pivotal to reaching net-zero emissions by 2050, however, decarbonisation is lagging due to the complex nature of cha…
Energy Storage Battery
Geothermal Energy Player Ormat’s Battery Storage Strategy Paying Off
US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% during the second quarter of this year, as revenues inc…
Urgent Steps Needed to Accelerate Industrial Decarbonisation – WEF
The transformation of industrial sectors is pivotal to reaching net-zero emissions by 2050, however, decarbonisation is lagging due to the complex nature of cha…
Energy Storage Battery
Upgrade at Tesla Battery Project Demonstrates Feasibility of ‘Once-In-A-Century Energy Transformation’ for Australia
The landmark Hornsdale Power Reserve battery storage system in South Australia now has upgraded capabilities, enabling it to provide inertia to the grid.
CCS
What Happens to Carbon Stored Underground?
Carbon sequestration is a process where carbon dioxide (CO2) is injected into geological formations deep underground.
Electric Vehicle Battery
Britishvolt Targets Larger Format Batteries for Upscale EVs
Battery technology pioneer unveils development roadmap for larger format, 46900 high-performance lithium-ion advanced cell technologies
Uranium Project
US Brokers and Traders Increase Uranium Inventories
The "vast majority" of uranium delivered in the USA in 2021 was of foreign origin, according to the US Energy Information Administration (EIA).
Electric Vehicle Battery
Britishvolt Buys German Battery Cell Maker Eas for €36M
EAS, currently fully owned by the Monbat Group, has more than 25 years of experience in developing and producing large format cylindrical lithium-ion battery ce…
Nuclear Reactor
Jacobs Builds Robot to Retrieve Radioactive Debris at Fukushima
Nuclear services firm Jacobs has designed and built a robotic tool to collect information about the state of a damaged nuclear power reactor at Fukushima Daiich…
Energy Transition
Australia Under ‘Dramatic Transformation’ as It Adds 50GW Renewables
The country expects its electricity will be supplied by renewable sources by 2025.
Electricity Transmission
US DOE Launches $2.5B Fund to Upgrade and Build New Transmission Lines
The Department of Energy’s Grid Deployment Office on May 10 issued a joint notice of information (NOI) and a request for information (RFI) seeking stakeholde…
Energy Transition
Circular Economies: A Pathway to the Green New World
Amidst a global energy transition, the financial and social outlook of oil and gas companies is undergoing an extraordinary transformation. One of the key metho…
Electric Vehicle Battery
Tesla’s Recycled Batteries: Almost 92% Reuse of Raw Materials
Tesla’s recycled batteries have provided almost 92% of their original raw materials back to Tesla for future use, according to new information in Tesla’s 2021…
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