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Oil Price
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
Oil Field
Will the UK Greenlight Six New Oil and Gas Fields in North Sea?
The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.
Wind Farm
UK in a First Awards Offshore Wind Power a Contract to Help Stabilise Grid
Britain’s National Grid ESO has for the first time awarded a contract to an offshore wind farm to help keep voltage levels in the power network stable, it said…
LNG
IHS Markit Report Says LNG Imports to Europe Would Be Sufficient to Overcome Shutoff of Russia Gas Flows Through Ukraine
Supplies of Russian gas to Europe via Ukraine have already fallen and been replaced by LNG imports.
Solar Company
Solar Energy UK Calls for Long-Term Structural Reforms in Response to Price Cap
Solar Energy UK has called for long-term structural reforms to accelerate the growth of renewables in response to the increase in the energy price cap.
Nuclear waste
UK Launches Consolidated Radwaste Organisation
Nuclear Waste Services has been launched, bringing together into one organisation site operator Low Level Waste Repository Limited, geological disposal facility…
Energy Storage Battery
SMS Energises UK Energy Storage Project
Energy solutions group, SMS plc, has successfully energised its first battery energy storage system (BESS) in Burwell, Cambridgeshire, UK. Capable of storing an…
Coal Trade
Russia Coal Export Disruption Would Hit Germany Hardest
A sudden disruption to Russian coal exports to Europe resulting from an escalation in Russia-Ukraine tensions would hit northwest European coal supply particula…
US, Qatar Leaders to Meet Amid Europe Energy Concerns
Talks come as US and EU seek to build energy contingency plans should Russia shorten supplies to Europe over Ukraine tensions.
Energy Storage Battery
Massive UK Battery Factory Receives $2.3bn in Funding
Britishvolt plans to manufacture 300,000 electric vehicle battery packs per year.
Energy Security
Explainer-Wall of ice at Fukushima’s Crippled Nuclear Plant
The operator of Japan’s crippled Fukushima nuclear power plant said this month that two storage tanks had leaked about four tonnes of coolant solution used to …
Power Construction
UK Plans More Power Capacity To Avoid Outages Next Winter
The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid op…
Electric Vehicle Battery
Britishvolt Signs Agreement to Develop High-Nickel EV Batteries
Electric vehicle battery startup Britishvolt said on Monday it has signed an agreement with a UK government-backed research facility to develop batteries with h…
Virtual power plant
Duke Energy Florida Sets up Bring-Your-Own-Battery Virtual Power Plant Pilot Program
Duke Energy Florida has set up a virtual power plant pilot program where residential customers can sign up with their own existing batteries.
Energy Storage Battery
UK Energy Storage Techs Undergo Testing
Testbed at Harwell Campus will demonstrate AMTE's sodium ion battery within a solar connected system
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