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Energy Storage Project

UK Support Scheme for Long-Duration Energy Storage Proposed as Cap-And-Floor, Lithium Excluded

Cruachan Dam, Scotland, an existing 440MW pumped hydro energy storage (PHES) facility, one of only four in the UK. Companies like owner Drax say that government…

Nuclear Power Plant (NPP)

UK Commits to Another Large-Scale Nuclear Plant in Net Zero Push

The UK will build another large-scale nuclear power plant, augmenting current projects by Electricite de France SA, as the nation maps out its biggest expansion…

Oil & Gas Trade

Power Prices Drop in Ireland as EU Increases Gas Reserves

Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome…

Renewable Energy

Philippines, Indonesia Ink Energy Cooperation Pact

President Ferdinand Marcos Jr. and Indonesian President Joko Widodo.MANILA, Philippines — The Department of Energy (DOE) on Wednesday welcomed the signing of a…

Hydrogen Production

Marie Tecnimont, Newcleo Team Up to Produce Carbon-Neutral Hydrogen

Newcleo has signed an agreement with Maire Tecnimont's (MTCM.MI) units NextChem Tech and Tecnimont to use its nuclear reactors to decarbonise the chemical i…

Renewable Diesel

Indonesia's Palmco Delays IPO, Plans Biodiesel Plant Investment

Indonesia has delayed plans for an initial public offering (IPO) of palm oil producer PalmCo, an official from its parent, state agricultural group Perkebunan N…

Nuclear Power Plant (NPP)

France's Nuclear Power Boom May Curb Regional Power Emissions

A general view shows cooling towers and reactors of the Electricite de France (EDF) nuclear power plant in Cattenom, France, June 13, 2023. REUTERS/Yves Herman/…

LNG

Finland's Gasum Procures LNG Cargo for Inkoo Terminal From Sefe

Finnish energy firm Gasum said on Wednesday it is delivering a U.S. cargo of liquefied natural gas (LNG) it procured from Germany's SEFE LNG to the Inkoo fl…

Oil Price

Oil Prices Fall 1% After Surprise US Storage Build

Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. Picture taken March 29, 2022. REUTERS/Benoit Tessier/File Phot…

Coal-Fired Power Plants

US Grid Operator PJM Asks Talen Energy to Postpone Fossil Fuel Plant Retirements

PJM Interconnection, the largest U.S. power grid operator, on Wednesday asked Talen Energy (TLNE.PK) to postpone the retirement of several fossil fuel-powered p…

Nuclear Power Plant (NPP)

Britain Aims for Faster Investment Decisions on New Nuclear Projects

Workers at the nuclear reactor area under construction, are seen at Hinkley Point C nuclear power station site, near Bridgwater, Britain, September 12, 2019. RE…

Pumped Storage

JSW Energy to Set Up 1 GW Pumped Storage Project in India

JSW Energy, a private-sector power supplier in India, has agreed to invest in 1 GW of pump storage project and 1 GW of wind energy in the Indian state of Tamil …

Rooftop Solar

Australia's Rooftop PV Additions Hit 3.17 GW in 2023

New figures from market research firm Sunwiz show that Australians installed 921 MW of new solar on rooftops in the fourth quarter of 2023.SunWiz said residenti…

Solar Power Plant

EDF Consortium Reaches Financial Close On 500MW Oman Plant

A consortium led by French utility major EDF Renewables and Korea Western Power Corporation (Kowepo),has announced that it has reached financial close on the Ma…

Electric Vehicles

Hyundai Unveils Its Electric Air Taxi at CES, Which Could Be Powered by Solid-State Batteries

Would you ride in Hyundai’s electric flying taxi? Hyundai’s advanced air mobility company, Supernal, unveiled its electric flying taxi at CES Tuesda…