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Russian Federation
Gazprom Books Gas More Transit Capacity for Monday, Ukrainian Operator Says
Russian state gas company Gazprom booked transit capacity of 65.20 million cubic metres for May 16 via the Sudzha entry point.
Oil Price
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
Electric Car
New Zealand Targets EVs, Industry with New $2.8 Billion Climate Response Fund
The New Zealand government said on Monday it would set up a NZ$4.5 billion ($2.83 billion) climate response fund, spending at least NZ$2.9 billion on cutting po…
Hydrogen Fuel Cell
Is Elon Musk Right or Wrong to Dismiss Hydrogen Use for Low-Carbon Energy Storage?
The context is transitioning from fossil energy to renewables. One key aspect of this is transport via gasoline or diesel vehicles and its transition to electri…
Thermal Plant
JERA Americas Acquires Thermal Power Plant Portfolio
JERA Americas, subsidiary of Japanese energy company JERA, said it agreed to buy a 1,633MW thermal power portfolio in New England, USA from infrastructure inves…
Microgrid
Microgrid Developed to Power Lunar Base
A microgrid to power a future base on the moon is under development at Sandia National Laboratories in the US.
Carbon Neutral
Japan Needs to Invest $1.2 Trillion in Decarbonisation over 10 Yrs, Industry Ministry Says
Japan's public and private sectors will need to invest a total of 150 trillion yen in decarbonisation over the next 10 years to help achieve the nation's ambiti…
Solar Power Panel
Chinese PV Industry Brief: JA Solar Major Winner in Solar Panel Tender with 3.1 GW in Bids
Meanwhile, Trina Solar has established a new branch for upstream operations and Longi has a officially changed its company name.
Nuclear Power Plant
UK Launches Funding to Encourage Nuclear New Build
The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate compet…
Net Zero Emission
UK Government Unleashes £200M for Zero-Emission HGVs
The three-year programme will begin later this year to help decarbonise the UK’s freight industry.
Nuclear Power Plant
New Nuclear Power Stations May Increase Energy Bills, Says Business Secretary
Kwasi Kwarteng however, has said in the “medium-term” new nuclear would give the UK “cheaper power”.
Rooftop PV System
IKEA to Offer SunPower Residential Solar, Energy Storage in US Market
IKEA and SunPower have agreed to launched a new partnership in California in the fall.
Energy Storage Battery
UK Government Must Spend £20Bn on Energy Battery Storage to Meet 2030 Renewables Targets
Modelling from Cornwall Insight on Great Britain’s (GB) Power Market out to 2030 has shown that between 2025 and 2030 the UK government must spend nearly a fif…
Electricity Transmission
US DOE Launches $2.5B Fund to Upgrade and Build New Transmission Lines
The Department of Energy’s Grid Deployment Office on May 10 issued a joint notice of information (NOI) and a request for information (RFI) seeking stakeholde…
LNG
India Looks to Import More LNG amid Rising Demand
Gas demand from households in cities and from the transportation sector in India is currently outpacing supply.
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