Sta

Smart Grid

$10.5 billion programme for US grid upgrades launched

The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid…

Nuclear Power Plant

Switzerland Scrambles to Keep Nuclear Plants Online

Europe’s energy crisis is pushing Switzerland to rethink its stance on nuclear power.

Crude Oil

Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984

Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.

Offshore Wind Power

IKEA Stores Owner Buys 49% Stake in Swedish Wind Power Projects

Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden.

CCS

China’s Sinopec Starts First Carbon Capture, Storage Facility, Plans Another Two by 2025

China's Sinopec Corp said on Monday it has put into operation the country's largest carbon capture, utilisation and storage (CCUS) facility in east China, and p…

Electric Car

Toyota Builds 1MW Hydrogen System for US Department of Energy

The $6.5m project is being funded by the DOE and could be operational within three years

Crude Oil

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

UAE, Oman back Saudi view on possible output cut

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows

Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes…

Wind Power Project

India Could Raise RE Capacity by About 24GW With Wind Energy

As of March 2022, 37.7% of its cumulative installed capacity was wind.

Gas Turbine

GE to Invest in US Hub to Expand Small-Turbine Manufacturing

GE will invest up to $5 million over the next two years to add a second manufacturing location for its aeroderivative units at the existing Global Technology Ce…

Geothermal Power Plant

Kenyan Geothermal Plant Boosts Operations with IoT Upgrade

The Olkaria Geothermal Power Station in Kenya has been able to improve operations by implementing internet of things (IoT) technology.

Spain

Iberdrola to Add 1,400MW of Solar Power in Spain This Year

Energy giant is currently executing 12 PV projects with a combined capacity of 550MW and aims to start construction on six projects that will add 873MW.

Solar Power Panel

QatarEnergy Awards US$631m EPC Contract for IC Solar Project

Samsung C&T to build two large-scale PV solar plants in Mesaieed and Ras Laffan Industries Cities, as Qatar builds a sustainable future for energy.

LNG

U.S. Natgas Falls 5% On Delay of Freeport LNG Plant Restart

U.S. natural gas futures fell more than 5% on news of a further delay in the resumption of initial operations at the Freeport LNG export plant in Texas.

Energy Storage Battery

Founder and Chief of UK Battery Start-up Britishvolt Steps Down

Orral Nadjari will pass the reins to Dr Graham Hoare, who is currently Britishvolt’s Deputy CEO and President of Global Operations