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Wave Energy

CorPower Ocean Secures Funding for Breakthrough Wave Energy Tech

CorPower Ocean, a specialist in wave energy technology, has secured funding for its new generation of high-efficiency WECs.

France

Hydrogen Council Adds New Members Including Microsoft and Baker Hughes

The global coalition pushing for a power generation transition to zero carbon hydrogen has added a list of big corporate names to its membership.

Nuclear Power Plant

Framatome and Lockheed Martin Partner to Modernise US Nuclear Plants

Framatome and Lockheed Martin have signed a teaming agreement that will integrate Lockheed Martin’s Discrete Logic Solving System.

Coal-Fired Power Plants

GE to Support Digitisation of Dominican Republic's Largest Coal Plant

GE is providing the Corporación Dominicana de Empresas Eléctricas Estatales with a combined software and services package at the coal-fired Central Termoeléc…

Market Analysis

UK Energy Supplier Publishes Report on Power Systems in 2050

UK power distributor National Grid ESO has released a report forecasting changes to the UK energy sector before 2050.

Solar Power Plant

Acciona Opens Spain's Grid-Connected Floating Solar PV Plant

Renewable energy company Acciona has announced the opening of the first grid-connected floating photovoltaic solar plant in Spain.

Floating Offshore Wind

Floating Wind Farm WindFloat Atlantic Begins Operations

Repsol has announced that the WindFloat Atlantic floating wind farm off the shores of Portugal has started supplying renewable energy to the country’s electric…

Oil & Gas Trade

Jet Fuel Crisis Will Hurt Oil Demand For Years To Come

A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The Natio…

United States

Another Permian Oil Producer Files For Bankruptcy

Permian oil producer Rosehill Resources said on Monday that it had filed for bankruptcy protection, becoming the latest shale casualty of the collapse in oil pr…

Norway

How One Oil Major Excelled As Prices Crashed

When oil prices plunged to historic lows in April, the majority of oil producers, including OPEC+ nations, responded by drastically cutting production to get ri…

Market Analysis

EU Records Highest-Ever Use of Renewables for Powergen

Renewables have exceeded fossil fuels for electricity generation in the European Union (EU) for the first time, according to new research from London-based thin…

Offshore Wind Power

New Wave of UK Offshore Wind could Help Reduce Energy Bills

The newest wave of UK offshore wind farms could produce power so cheaply that they pay money back to consumers, researchers have said.

Oil Price

Oil steady as U.S. Stimulus Hopes Counter Demand Concerns

Oil prices were steady on Tuesday as hopes for additional U.S. measures to stimulate the economy countered a demand outlook dampened by rising of coronavirus ca…

Canada

Vehicle-to-Grid Business Model would Make Canadian EVs Cheaper

Canadian non-profit Plug’n Drive has looked at Ontario’s time-of-use electricity rates and found electric vehicle owners could generate substantial income.

Energy Storage Battery

Finding the Right Role for Battery Storage in the Middle East

Based in the United Arab Emirates (UAE), Dr Imran Syed is head of industrial power for Enerwhere, designing and implementing hybrid systems that use energy stor…