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Energy Storage Project

Energy Storage Set to Compete in US Wholesale Markets Following Landmark Ruling

Distributed energy storage facilities in the United States will join the wholesale market and compete to provide grid services.

Energy Investment

U.S. Department of Energy Announces $21 Million for Research in EPSCoR States

Today, the U.S. Department of Energy announced $21 million in funding for 31 research projects under the federal Established Program to Stimulate Competitive Re…

Oil Price

Oil Down as Opec+ Prepares to Lower Output Quotas

Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus sur…

China Energy

China Mulls Hiking Nuclear Capacity to 40% by 2025

The country’s installed nuclear capacity grew 9% in 2019.

Thermal Plant

South Korea's KEPCO Backs Indonesian Coal Project

South Korea’s state-owned utility Korea Electric Power has announced that will move ahead with investments in the construction of two coal-fired power plants o…

Market Analysis

Global Corporate Funding for Solar Energy Declines by 25%

Investments in solar energy projects by corporates reached $4,5 billion during the first half of 2020.

Nuclear Technology

UK to Develop Next Generation of Nuclear Energy Technology

The UK Government has announced £40m in funding to develop the next generation of nuclear energy technology and unlock several green jobs.

China Energy

The Third Unit of Wudongde Hydropower Station was Put Into Operation

On July 11, Unit 8 of the Wudongde Hydropower Station on the Jinsha River in China, after completing nearly 40 scheduled tests and 72 hours of trial operation.

LNG

GasNet Opens First Mobile LNG Station in Czech Republic

GasNet, a Czech natural gas distributor, has put into operation the first public mobile self-serve unit for liquefied natural gas on the Czech market.

LNG

Russia’s Blue Stream Gas Pipeline to Turkey Idle Since May

The Blue Stream pipeline delivering Russian gas to Turkey, due to be re-launched after maintenance in May, remains idle.

Coal Trade

Indian Thermal Ccoal Imports at Major Ports Decline 35% to 17.71 MT in April-June: IPA

Thermal coal imports at India's 12 major ports dropped 34.70 % to 17.71 million tonnes (MT) in the first quarter of the current fiscal.

Combined Heat and Power

Novi Sad's Public Heating Utility Unveils Another Cogeneration Facility

Novi Sad’s district heating operator has put in operation cogeneration facility Jug.

Crude Oil

OPEC and Russia May Ease Oil Production Cuts

Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.

Electricity Transmission

UK Transmission Companies Criticise $32bn Ofgem Transition Fund

UK energy network regulator Ofgem has announced $32bn (£25bn) of funding to help the country’s energy distributors toward net-zero networks.

Solar Power Plant

Ørsted Announces Acquisition of 227MW AC Solar Farm in Alabama, US

Danish company Ørsted is set to the acquire the 227MW AC Muscle Shoals solar project, under construction in the US.