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2024-10-23
LG Energy, Stellantis Plant In Ontario Begins Battery Production
Korean battery maker LG Energy Solution (LGES) said Wednesday that its joint venture with multinational automaker Stellantis had begun producing battery modules in Canada.In early 2022, LGES and Stellantis announced a plan to build an EV battery plant in
Decarbonization
2024-10-23
Iberdrola Profit Jumps 50% As Focus On US, Britain Pays Off
Europe's largest utility Iberdrola (IBE.MC), opens new tab posted on Wednesday a 50% increase in net profit for the first nine months of the year, in a sign that its focus on Britain and the United States is paying off.This is part of a broader sh
Oil & Gas Trade
2024-10-23
Top U.S. LNG Exports: China's Gas Demand Is Booming
Chinese demand for natural gas is set to jump by more than 50% by 2040, from 400 billion cubic meters (bcm) now to more than 600 bcm, according to an executive at the top U.S. LNG exporter, Cheniere Energy.There’s no doubt that gas demand growth
Hydro Generator Unit
2024-10-23
US City Of Beaverton Integrates Hydropower Into Drinking Water System
The City of Beaverton in Oregon, US, has completed renovations at its Sexton Mountain Pump Station, transforming it into a source of clean, renewable energy. The station, which plays a key role in the city’s water supply system, now includes a h
Hydrogen Production
2024-10-23
Otto Energy Discovers Significant Hydrocarbon Pay in Gulf of Mexico
The well encountered a high-pressure water sand 60ft below the base of the D5 sand, leading to a delay. Credit: MR.Zanis/Shutterstock.Australia-based Otto Energy has announced a significant hydrocarbon discovery in the D5, I2 and I3 sand intervals of the
Energy Storage Project
2024-10-22
Graphite One Gets up to $325M Financing Offer From EXIM to Enhance US Graphite Production
Graphite One has announced the receipt of a non-binding letter of interest (LOI) from the Export-Import Bank of the US (EXIM) for potential debt financing of up to $325m.The funding will be issued under EXIM’s Make More in America and China and
Electricity Transmission
2024-10-22
US DOE to Invest a Further $2BN to Enhance Grid Resilience and Capacity
The US Department of Energy (DOE) has announced $2bn in additional funding for 38 projects to protect the nation’s power grid against extreme weather and extend its transmission capacity.The funding is part of the Grid Resilience and Innovation
Gas Power Stations
2024-10-22
Evergy to Build Natural Gas Power Plants in Kansas Amid Booming Demand
Evergy (EVRG.O), will build two 705 megawatt natural gas power plants in Kansas to meet an expected spike in electricity demand, the U.S. utility firm said on Monday.Utilities across the country are ramping up investments in their infrastructure ahead of
Offshore Wind Power
2024-10-21
RWE and National Grid, Ørsted Bid in New York’s Fifth Offshore Wind Round
The partnership of RWE and National Grid Ventures and Danish developer Ørsted have submitted final proposals for their offshore wind projects into New York’s offshore wind Round 5.RWE and National Grid submitted their 2.8GW Community
Electricity Transmission
2024-10-21
Three Power Grid Projects Get $208M From Dept. Of Energy
U.S. Senator Maria Cantwell Friday announced three new federal grants totaling $208.4 million that will help utility providers in Washington modernize their electricity grids.The funds come from the Department of Energy's Grid Resilience and Innov
Electricity Transmission
2024-10-21
Cuba Grid Collapses Again Raising Doubts About a Quick Fix
Cuba's electrical grid collapsed again on Sunday, the fourth such failure in 48 hours, raising fresh doubts about a quick fix on an island already suffering from severe shortages of food, fuel and medicine.The blackout, after weeks of rolling outa
LNG
2024-10-19
Saipem Cheers Overturning of Two-Year Ban on Public Contracting Activity in Brazil
After the Controladoria-Geral da União (CGU) looked into accusations against Saipem, a subsidiary of the Italian energy multinational Eni, regarding involvement in irregularities with Petrobras, which allegedly occurred during the execution of
Natural Gas
2024-10-19
Texas Natural-Gas Pipeline Eases Bottlenecks, Paves Way for Higher Shale Output
A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said.Pipeline compa
Distributed Grid
2024-10-19
Millions of Cubans Lose Power After National Grid Fails
A woman prepares food with the aid of a cell phone light as Cuba is hit by an island-wide blackout, in Havana, CubaCuba plunged into a countrywide blackout on Friday after one of the island's major power plants failed and caused the national elect
Nuclear Reactor
2024-10-18
Constellation Orders Transformer to Revive Three Mile Island Nuclear Plant
Constellation Energy has placed an order for a main power transformer valued at $100m, advancing the revival of the Three Mile Island nuclear reactor in the US state of Pennsylvania, Reuters has reported.The transformer represents the largest single piece
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Kenya Opens Solar-Plus-Storage Tender
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Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output
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Italy Extends Construction Deadline for Agrivoltaic Tender
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Norway’s First Floating Wind Tender Attracts Two Bids
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Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030