United states

China

Global Onshore Wind Capacity Rises 72.5GW in 2021

The global onshore wind market in 2021 saw a 72.5 gigawatts (GW) increase in capacity with China and US leading in installations, but is 18% lower than in 2020,…

Nuclear Reactor

U.S. Nuclear Generation Declines for Second Straight Year

U.S. nuclear power generation declined for the second straight year. Output from the country’s nuclear fleet totaled 778 million MWh in 2021, a 1.5% decline fr…

Nuclear Reactor

X-Energy to Produce HALEU Fuel for Advanced Nuclear Reactors

The U.S. Department of Energy (DOE) chose X-energy’s TRISO-X fuel fabrication facility to produce fuel for future advanced nuclear reactors and small modular r…

Microgrid

First Time in the U.S. and Japan to Successfully Build and Operate Microgrid with Battery Storage on Actual Power Distribution Network

The New Energy and Industrial Technology Development Organization and Sumitomo Electric Industries, Ltd. have completed a demonstration project in California to…

Solar Power Panel

Bitcoin, Ether up; Crypto Miners Turn to Solar Power; EU Targets Russian Virtual Wallets — Crypto Moves

Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, up 0.64 percent to $42,782 as of 08:30 a.m. Riyadh time.

Iran

US ‘Imposing New Conditions’ in Nuclear Talks, Says Iran

Iran’s foreign minister said Sunday that Washington is “imposing new conditions” in the negotiations to restore the 2015 nuclear agreement.

LNG

U.S. Gas Storage Emptied by Exports to Europe and Asia

U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…

Natural Gas

Price Volatility and Rising Demand Revive U.S. Natural Gas Trading

Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…

Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.

Net Zero Emission

Global Green Finance Increased 100x in Last Decade

Green finance worldwide has grown by more than 100 times in the last decade.

LNG

China Signs Another Deal to Buy US LNG

US-based Next Decade will supply China’s ENN with 1.5 million tonnes per year (mtpy) of liquefied natural gas (LNG) for 20 years starting as early as 2026 from…

Hydrogen Production

Who Will Win the Low-Carbon Hydrogen Race?

The global low-carbon hydrogen market will require $600 billion in investment, along with policy support, to meet expected exponential demand by 2050, according…

Crude Oil

Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains

Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities.

Oil Price

How Biden’s Huge Strategic Oil Release Could Backfire

President Biden’s huge SPR release announcement has pushed WTI prices back below $100.

Natural Gas

High Natural Gas Prices Could Lift Green Hydrogen Investment

Companies in Europe and U.S. allies such as Australia have recently announced major green hydrogen deals and projects.