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HVDC
Equinor and Hitachi Energy to Develop High-Tech HVDC/AC Grid Connectors
The energy giants have announced a collaboration to develop standardised base designs for High-Voltage Direct Current (DC) and Alternating Current (AC) transmis…
Wind Turbine
Vestas Secures 300 MW Order of EnVentus Turbines for Goose Creek Wind
Vestas has received a 300 MW order from Apex Clean Energy to power the Goose Creek Wind project in Illinois, the US.
Natural Gas
Natural Gas Prices Slide as Bearish News Continues to Mount
The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.
World Burning up Faster That It Can Recover, Says Pakistan’s PM at COP27
Pakistan’s Prime Minister Shehbaz Sharif has urged richer nations to support countries that are recovering from the effects of climate change.
Germany
Germany Must Ask High Earners to Help With Energy Relief - Economic Council
Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that need help are on the receiving en…
Crude Oil
EIA Cuts World Oil Demand Growth for 2023
The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…
SMR
Fortum and MIT Launch SMR Cost Estimation Tool
Finnish energy company Fortum has collaborated with MIT to launch a Nuclear Cost Estimation Tool (NCET) that enables more precise cost estimation and risk asses…
Net Zero Emission
World Must Double Renewable Power Targets to Achieve Net Zero, Irena Says
Despite some progress, the transition is 'far from being on track', says Irena director general Francesco La Camera.
Nuclear Power Plant
Finland's OL3 Nuclear Reactor Remains Offline as Probe Continues
Investigation is still ongoing of cracks recently discovered in feedwater pumps at Finland's Olkiluoto 3 (OL3) nuclear reactor.
Nuclear Power Plant
France Headed for Winter Blackouts as EDF Cuts Nuclear Output Forecast
France is staring down a serious risk of blackouts this winter, with French utility EDF lowering its nuclear power output forecast for this year to 275-285 tera…
Smart Meter
20 Point-Plan for Driving 100% Smart Meter Uptake in Australia
The Australian Energy Market Commission (AEMC) has put forward recommendations to drive 100% smart meter uptake in Australia by 2030, as part of a suite of refo…
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Crude Oil
North America Leads $370 Billion Global Push for Oil & Gas Pipelines
Westwood’s upcoming onshore pipeline market forecast has revealed that between 2022 and 2028, the world will spend almost $370 billion on new oil and gas pipel…
Wärtsilä Reciprocating Engine Undergoes Hydrogen Pilot
Utility company WEC Energy Group and Electric Power Research Institute (EPRI) were among the partners to announce the completion of a hydrogen blending pilot pr…
Oil&Gas Drilling
ADNOC Awards Record US$4bn in Framework Agreements for IDFS
In a positive move for lower energy cost & low carbon intensive production, contracts have been awarded to ADNOC Drilling, SLB and Halliburton.
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