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Oil & Gas Supply
OPEC Cuts Global Oil Demand Estimates Ahead of Production Decision
A panel of OPEC+ technical experts agreed to revise down oil-demand estimates for 2021, signaling a more negative view of the market just days before the group …
Oil & Gas Supply
U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…
Joe Biden
US President Includes Nuclear in American Jobs Plan
US President Joseph Biden yesterday announced a USD2 trillion jobs, infrastructure and clean energy plan to reshape the country's economy.
Nuclear Reactor
US Scientists Introduce New Fusion Reactor Concept
The Compact Advanced Tokamak concept enables a higher-performance, self-sustaining configuration that holds energy more efficiently, allowing it to be built at …
Floating Solar Project
Partnership to Develop Floating Solar in Greece and Cyprus
Ocean Sun has signed an agreement with MP Quantum Group to develop utility scale floating solar projects in Greece and Cyprus.
Rooftop PV System
India can Learn from Australia to Accelerate Distributed Energy Transformation
In addition to the ambitious renewable energy target of 450GW by 2030 and media reports suggesting consideration of a mid-century net-zero emissions target, Pri…
Energy Taxation
Biden Proposes Energy Tax Credit Extension
Benefit to apply to power generation and storage in the US
Energy Taxation
Biden Proposes Energy Tax Credit Extension
Benefit to apply to power generation and storage in the US
Cooperation case
Australian Resource, Energy Exports Set to Hit Record High
The value of Australia's resources and energy exports are expected to hit a record high in financial year 2020/21, government data showed.
South Korea
Hyosung Group’s Market Cap Soars 70% on the Back of Hydrogen Economy
Their prices jumped sharply as the chemical market entered a perfect upward cycle and Hyosung Group expanded its business to the environmental sector, especiall…
Electric Vehicle Battery
South Korean EV Battery Makers Losing Market Share to CATL and BYD
The market share of LG Energy Solution fell from 26.6 percent in one year, although the usage of its batteries increased from 3.3 GWh to 4.9 GWh.
Net Zero Emission
Global Leaders get Real about Net Zero Goals at IEA Summit
Top international energy and climate leaders from more than 40 countries took part in the IEA-COP26 Net Zero Summit to identify how to work together to reduce g…
Electricity Transmission
NextEra Energy Transmission acquires GridLiance for $660m
US-based clean energy company NextEra Energy Transmission has acquired GridLiance Holdco and GridLiance GP (GridLiance) from affiliates of investment firm Black…
Power Construction
Brazilian Electricity Prices Under Pressure Due to Low Rainfall
Low annual rainfall in Brazil is restricting hydroelectric production, putting electricity prices under pressure and causing the need for more expensive thermoe…
Coal-Fired Power Plants
Kusile Unit 3 Achieves Commercial Operation
On Wednesday 31 March, 2020 Eskom announced that Unit 3 of the Kusile Power Station achieved commercial operation status.
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