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Nuclear Power Plant

Regulatory Approval for New Isotope Production at Bruce

Canada's Bruce Power has received approval from the Canadian Nuclear Safety Commission for the commercial production of the medical radioisotope lutetium-177 in…

Oil Price

Goldman Sachs Hikes Oil Price Forecast To $90

Tightening oil markets with robust demand recovery and disruptions to supply from Hurricane Ida prompted Goldman Sachs to hike its end-2021 oil price forecast t…

Power Construction

Uganda Launches Last-Mile Connectivity to Increase Electricity Access

The Ministry of Energy and Mineral Development recently handed over electricity connection accessories to Uganda’s main power distribution company, UMEME Limit…

Coal Trade

Posco Sells Out of Australian Coal Project

South Korean steel producer Posco has put the land for its failed 3mn t/yr Hume coal project in the NSW Southern Highlands and associated rail link to Port Kemb…

Net Zero Emission

International Energy Agency Commits to Become Net Zero by 2024

Agency announces goal of bringing down greenhouse emissions from its activities rapidly in alignment with the recommendations of its landmark Roadmap to Net Zer…

Nuclear Fuel

3 Japan PM Hopefuls Call for Maintaining Nuke Fuel Recycle Program

Three of the four candidates running to become Japan's next prime minister called Sunday for maintaining a nuclear fuel recycling program, as they geared up for…

Wind Turbine

Goldwind Wind Turbines for Wind Power in Ukraine

Recently, Xinjiang Goldwind Technology Co., Ltd. successfully signed the Zophia 337.5MW and the Ochakov 288MW wind power project in Ukraine.

Hydrogen Project

Paragon to Test its Liquid Hydrogen-Fueled Soar eVTOL with 800 Miles Range

Paragon VTOL Aerospace is working on the next generation of its eVTOL aircraft design called Soar, which will be powered by a powertrain that uses direct combus…

Battery Recycling

Ford Invests in Electric Vehicle Battery Recycling Company

The Dearborn, Michigan, automaker will invest in Redwood Materials, a Nevada-based company founded by former Tesla executive JB Straubel

Oil & Gas Supply

Norway's August Oil Output Beats Forecast, Gas Lags

Norway's oil production beat official expectations in August, while its natural gas output lagged, preliminary data from the Norwegian Petroleum Directorate sho…

Oil Price

Demand Recovery Leaves $100/bl Oil on Track

Global commodity trading firm Trafigura is maintaining its forecast for oil prices to potentially hit $100/bl late next year, despite the risk of short-term Cov…

United Kingdom

UK Power Sector Could See Tidal Wave Of Bankruptcies

More UK energy suppliers are set to go bust as soaring gas prices are putting an unprecedented cost burden on smaller electricity and gas providers, the head of…

Market Analysis

IEA Says Climate Targets will Accelerate Czech Coal Phase-Out

Ensure that lessons are learnt by all relevant stakeholders from recent Gen-III nuclear new build projects in OECD countries to limit the risk of cost overruns …

Energy Storage Project

Masdar City Start-up Launches World’s First Thermal Energy Storage Product 100% made from Recycled Materials

Seramic Materials, supported by The Catalyst, develops circular economy solution to recycle industrial solid waste into ceramic high-temperature thermal energy …

HVDC

Siemens Energy and Sumitomo to Partner on Irish-UK Interconnector

Siemens Energy and consortium partner Sumitomo Electric have signed a contract with Greenlink Interconnector Limited.