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Emissions Trading System

Russia-Ukraine Crisis: Reforming the EU ETS Is a Matter of Energy Security, Says PGE

European leaders are now rushing to make decisions on how to drastically cut dependence on Russian fossil energy imports.

Hydrogen Fuel Cell

Green Hydrogen Fuel to Become Competitive Due to War in Ukraine

Bloomberg New Energy Finance (BNEF) recently released a report titled “Ukraine War Makes Green Hydrogen Competitive”, examining the impact of the Russian inva…

Oil Price

Indian Govt to Make Calibrated Interventions to Keep Fuel Prices Under Control

Minister of State for Finance Pankaj Chaudhary said crude petroleum and natural gas, fuel & power subgroup in the Wholesale Price Index is directly related to t…

Nuclear Power Plant

Finland’s Much-Delayed Nuclear Plant Starts Producing Power

The Olkiluoto 3 nuclear reactor, Finland’s first new nuclear plant in four decades, has recently started test production.

Coal Price

Coal Prices Rise to Record Levels on Russia Supply Fears.

Coal buyers are trying to lock up supplies amid fears that Russia could respond to sanctions by cutting off exports.

Coal Production

Bens Creek Group Provides Coal Production and Delivery Update

Bens Creek, the owner of a recently re-opened metallurgical coal mine in North America supplying the steel industry, has announced an update on coal production …

Wind Power Project

Vestas Secures First Estonian Wind Project

Vestas has received a 21 MW order from Enefit Green AS’s subsidiary, Enefit Wind Purtse, for the Purtse wind project in Estonia, which represents Vestas’ mark…

Natural Gas

Average US Gas Price Rises 22% in Two Weeks to Record $4.43

The average U.S. price of regular-grade gasoline shot up a whopping 79 cents over the past two weeks to a record-setting $4.43 per gallon (3.8 liters) as Russia…

Coal Production

China's Jan-Feb Coal Output Jumps 10.3% for Winter Heating

China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heatin…

Net Zero Emission

Shell Directors May Face Lawsuit over Climate Transition Plans

Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the company's climate transition plan.

Nuclear Power Plant

Efforts Continue to Restore Power to Chernobyl

IAEA Director General Rafael Mariano Grossi said Energoatom CEO Petro Kotin had told him on Sunday that specialists had fixed one of two damaged lines to the p…

Natural Gas

U.S. Gasoline Prices Edge Lower After Hitting Record High Last Week

U.S. gasoline prices at the pump edged lower over the weekend after reaching all-time highs last week following Russia's invasion of Ukraine.

Coal Price

Spot Coal Prices Hit Record on High Demand, Hoarding

Power producers said this would substantially raise power tariffs, particularly the spot prices, while coal companies said the coal being bought is meant for me…

Oil Price

Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads

The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c…

Wind Farm

Vestas Secures Cordelio Power Order

Vestas has received a 171 MW order from Cordelio Power to power the Moraine Sands wind project in Illinois, US. The order consists of 38 V150-4.5 MW turbines.