Rec

Electric Vehicle Battery

CATL Announces Second European Battery Plant in Hungary

CATL is to build a new battery plant in Hungary. €7.34bn plant will be built in Debrecen and will supply both cells and modules to European automakers

International Wind Congress 2022

RE:WIND 2022 Congress takes place in Berlin, Germany, on 7-8 November. It focuses on wind energy, and provide its participants - developers, operators, EPC(I)s,…

Electric Car

South Korean Government Asks U.S. Government to Soften EV Subsidy Requirements

Ahn Deok-keun, head of trade negotiations at the Korean Ministry of Trade, Industry and Energy (MOTIE), has recently requested the U.S. government to ease the r…

Solar Power Panel

Why Solar Power Is Failing Amid Record-Breaking Heat

Solar panels become less efficient as temperatures rise.

Natural Gas

Israeli Natural Gas Lines Signs Investment Contract With Prisma Photonics

Israeli Natural Gas Lines recently entered into a strategic investment contract with Prisma Photonics, a company developing advanced real-time critical infrastr…

Oil & Gas Supply

Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA

Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…

Offshore Wind Power

Siemens Gamesa Installs World’s First Offshore Wind Turbine With Recyclable Blades

German energy giant RWE started to test a wind turbine with fully recyclable blades at its offshore project Kaskasi. It is the first deployment of the technolog…

Oil Refinery

U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022

U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…

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…

Net Zero Emission

What Are the Key Accelerators of Industrial Decarbonization?

Decarbonizing heavy industry will require collaboration on an unprecedented scale between companies that have historically been in fierce competition with one a…

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.

Oil Price

Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks

Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…

Australia

Energy Prices Across Australia to Remain High Until 2026

Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…

Gas power plant

Equinor May Postpone Closure of Norwegian Gas-Fired Power Plant

Norway-based energy major Equinor could continue to operate its natural gas-fired Mongstad power plant to support the country’s electricity supply. The company…

Energy Investment

Investment in Renewables Hits Record $226BN Despite Supply Chain Woes

Global investment in renewable energy rose to $226 billion in the first half of 2022, setting a new record for the first six months of a year.