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Policy
South Korea
Iran Seizes UAE-Bound Chemical Tanker
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.
Energy Subsidies
Serbia Issues Guidelines for Draft Law on Renewable Energy
The first law on renewable energy sources in Serbia will regulate premiums for new renewable energy capacities, the introduction of auctions, subsidies for smal…
Energy Subsidies
Serbia to Spend EUR 1 million on Subsidies for Electric, Hybrid Vehicles
In order to reduce air pollution, purchases of electric and hybrid vehicles will be subsidized with EUR 1 million in 2021.
Market Analysis
Wood Mackenzie’s Top Ten Predictions for Energy in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Nuclear Policy
Iran Plans 20% Uranium Enrichment 'As Soon As Possible'
The move comes amid heightened tensions between Iran and the U.S. in the waning days of the administration of President Donald Trump, who unilaterally withdrew …
Electric Car
China Cuts Subsidies on NEVs for Healthier Development
China will cut subsidies on new energy vehicles starting Friday to promote the healthy development of the industry, said a circular posted on the official websi…
United States
Biden to Rescind Trump's Last-Minute Rulemaking
President-elect Joe Biden plans to act quickly upon taking office to block pending regulations issued by his predecessor and to rescind executive orders issued …
Electric Car
Govt Announces New Electric Vehicle Policy for Four Wheelers
The Federal Cabinet on Tuesday approved the new Electric Vehicle (EV) policy for four wheelers.
South Korea
South Korea Plans To Downsize Nuclear & Coal While Quadrupling Renewables By 2034
South Korean President Moon Jae-in previously committed to moving away from nuclear power and toward renewable energy.
Coal-Fired Power Plants
RWE Power Takes First Plant off Grid – Unit D in Niederaussem
From 31 December 2020, RWE Power will decommission the 300-megawatt Unit D at its Niederaussem lignite power station.
Brexit
UK Parliament Votes for Brexit Deal
Members of Parliament today approved legislation that will pass the UK-EU post-Brexit deal into UK law, in a vote split 521 in favour and 73 against.
Nuclear Policy
UK and Euratom Sign Nuclear Cooperation Agreement
The UK and the European Atomic Energy Community have signed a Nuclear Cooperation Agreement.
Hydrogen Fuel Cell
China to Reduce Tariffs on Imported Hydrogen Fuel Cell Components to Boost Development of the Technology
China will lower tariffs on fuel cell-related components imported to the country in 2021 to promote development of the technology.
Germany
Berlin Confirms New Renewables Laws from 1 January
New framework contains conditions for future expansion.
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…
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