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America
Microgrid
2023-11-24
Microgrid model spreads in Massachusetts as cities look to lessen costs, outages
(City Hall and other critical facilities in Chelsea, Massachusetts will be part of a planned microgrid project. Credit: Daderot / Wikimedia Commons)by Sarah Shemkus, Energy News NetworkA pair of community microgrid projects in Massachusetts are already he
Offshore Wind Power
2023-11-24
UCONN Gets DOE Grant for Offshore Wind Grid Integration
(Image by 3dmentat on 123rf)A new project spearheaded by researchers at UConn, in collaboration with Eversource Energy and major technology vendor partners, aims to deploy new real-time grid-enhancing technologies as part of an overall collaborative strat
Oil & Gas Trade
2023-11-24
Brazil's Petrobras to Invest $102 Billion in Next Five Years
Jean Paul Prates, CEO of Brazil's state-run oil company Petrobras, speaks during a news conference at the Petrobras headquarters in Rio de Janeiro, Brazil March 2, 2023. REUTERS/Pilar Olivares/File Photo Acquire Licensing RightsBrazil's Pe
Power Construction
2023-11-23
Report: Upgrading Global Grids Could Cut Clean Energy Transition Costs by $3TR by 2040
Image: Credit: iStockResearch estimates investing in grid upgrades to prepare for influx of renewable energy capacity would in many cases be cheaper than failing to take action at allUpgrading power grids worldwide to support the vast amounts of additiona
Oil Price
2023-11-23
Oil Down More Than 1% As Uncertainty Swirls Over Delayed OPEC+ Meeting
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/File Photo Acquire Licensing RightsOil prices fell by more than 1% on Thursday, exte
Energy Storage Project
2023-11-23
Stellantis and CATL Sign Strategic MoU for the Local Supply of LFP Batteries for European Market; Possible JV
Stellantis N.V. and CATL signed a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis’ electric vehicle production in Europe. To further support Stellantis’ electrific
Electrolyzer
2023-11-23
GE Vernova and Next Hydrogen Sign MoU to Integrate Electrolysis Technology With Power Systems to Produce Green Hydrogen
GE Vernova’s Power Conversion business and Next Hydrogen Solutions Inc. have signed a memorandum of understanding to integrate Next Hydrogen’s electrolysis technology with Power Conversion’s power systems offerings to produce
Oil & Gas Technology
2023-11-23
Capital Power acquires two natgas-fired power plants in U.S. for $1.1 bln (Nov. 20)
Canadian energy company Capital Power (CPX.TO) said on Monday it was acquiring two U.S.-based natural gas-fired generation facilities in California and Arizona for a net cost of $1.1 billion.Capital, like some of its rivals, is aiming to increase its powe
Oil&Gas Drilling
2023-11-23
Brazil Agency to Rule if Petrobras Can Drill Near Amazon Mouth by Early 2024
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsBrazil's environment protection agency Ibama is expected
Oil & Gas Supply
2023-11-23
Venezuela Producing 850,000 Bpd of Oil, Hopes to Recover Market Share in US
Workers stand in front of a drilling rig at an oil well operated by Venezuela's state oil company PDVSA in Morichal July 28, 2011. REUTERS/Carlos Garcia Rawlins/File Photo Acquire Licensing RightsVenezuela is currently producing some 850,000 barre
Energy Storage Project
2023-11-22
Komatsu to Acquire American Battery Solutions
Komatsu, through its wholly owned subsidiary in the US, Komatsu America Corp., has agreed to acquire American Battery Solutions, Inc. (ABS), a battery systems manufacturer headquartered in Detroit, Michigan. Komatsu is planning to close the acquisition on
Pumped Storage
2023-11-22
Expression of Interest Open for Borumba Pumped Hydro Project's Largest Exploratory Works Package
Queensland Hydro has officially opened the Expression of Interest (EOI) phase for the Underground Works - Tunnel Drilling package, marking a crucial milestone in the progress of the Borumba Pumped Hydro Project. This initiative invites contractors to expr
Hydrogen Storage
2023-11-22
Forvia Scores a Hydrogen Storage Win in North America
The automotive technology supplier has secured a significant contract.FORVIA (Nanterre, France), the world’s seventh largest automotive technology supplier, has won a contract to supply Type IV hydrogen storage systems for an unnamed North Ameri
Coal Trade
2023-11-22
Teck Announces Full Sale of Steelmaking Coal Business
Teck Resources Limited has announced it has agreed to sell its entire interest in its steelmaking coal business, Elk Valley Resources (EVR), through a sale of a majority stake to Glencore for an implied enterprise value of US$9 billion, and a sale of a mi
SMR
2023-11-22
Nuscale, Ornl to Assess SMR Use by Industry
NuScale Power and the US Department of Energy's Oak Ridge National Laboratory (ORNL) are to collaborate on a techno-economic assessment (TEA), studying a NuScale small modular reactor's ability to implement a cost-effective steam heat augm
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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