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Market Analysis

Consortium Looks at Portugal’s Hydrogen Future

EDP, Galp, Martifer, REN and Vestas have joined forces to evaluate the creation of a green hydrogen industrial cluster in Sines, Portugal, as part of the H2Sine…

Solar Power Panel

Brazil Zero Rates Import of Certain Solar Products

Brazil has changed its mind about tax tariffs on certain solar goods by eliminating import duties.

Oil Pipeline

China Starts Building Southern Part of China-Russia East Gas Pipeline

Construction has started on the southern portion of the China-Russia East natural gas pipeline, which carries supplies from the Power of Siberia system in Russi…

Market Analysis

UK Energy Supplier Publishes Report on Power Systems in 2050

UK power distributor National Grid ESO has released a report forecasting changes to the UK energy sector before 2050.

Norway

How One Oil Major Excelled As Prices Crashed

When oil prices plunged to historic lows in April, the majority of oil producers, including OPEC+ nations, responded by drastically cutting production to get ri…

Oil Price

Oil steady as U.S. Stimulus Hopes Counter Demand Concerns

Oil prices were steady on Tuesday as hopes for additional U.S. measures to stimulate the economy countered a demand outlook dampened by rising of coronavirus ca…

Wind Power Project

Shanghai Electric Shares China’s Wind Power Market Outlook

With China’s first 8MW offshore wind turbine featuring “black start” technology entered its service recently, Shanghai.

Hualong One

Second Hualong One at Fuqing Gets its Outer Dome

The outer safety dome has been installed on the containment building of unit 6 at the Fuqing nuclear power plant in China's Fujian province.

Energy Storage Battery

The Future Of Energy Storage Beyond Lithium Ion

Over the past decade, prices for solar panels and wind farms have reached all-time lows.

China

Second Hualong One at Fuqing Gets its Outer Dome

The outer safety dome has been installed on the containment building of unit 6 at the Fuqing nuclear power plant in China's Fujian province.

Market Analysis

Coal Should have no Part in Economies' Post-COVID Plans: UN Chief

Antonio Guterres expressed concern that new coal plants are still being financed.

CCS

UK Needs Hydrogen, Carbon Capture to Meet Net Zero Goal

Britain's goal of achieving net zero emissions by mid-century is achievable but immediate action is needed across a range of technologies including carbon captu…

Oil Pipeline

Pipeline Blast Halts Gas Flows from Bulgaria to Greece

An explosion damaged a pipeline in southwestern Bulgaria early on Monday, halting transit of Russian natural gas through Bulgaria to Greece。

Distributed energy

Annual Spending on DER Management to Hit $5.9bn by 2029

The global market for distributed energy resources management technology is expected to grow by 24.3% per annum between 2020 and 2029.

Thermal Plant

Greece to Phase-Out Lignite Power Generation by 2023 with EIB Loan

The European Investment Bank has issued €125 million ($146.3 million) loan for the development of a new power generation plant in Greece.