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Net Zero Emission
Cornwall Insight's response to the publication of the REMA consultation summary
The government has today published the summary of responses received from its Review of Electricity Market Arrangements (REMA) consultation. The responses recei…
LNG
Chesapeake Energy, gunvor sign Long-term lNG supply agreement
(WO) – Chesapeake Energy Corporation and Gunvor Group Ltd announced that Gunvor Singapore Pte Ltd ("Gunvor") has entered into a Heads of Agreement ("HOA") with…
Oil & Gas Trade
Benchmarking: Outlook for Demand, Global Balances Diverge
Watch The World/ShutterstockAlthough macroeconomic concerns loom large in the foreground, oil consumption will grow by an average 1.75 million b/d among major f…
Oil Price
Oil Edges up on Hope of China Demand Revival
Oil prices edged up, after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassessed prospects for supply and d…
Energy Investment
MPC Energy Solutions Enters Guatemalan Energy Market
Amsterdam-based global clean energy provider MPC Energy Solutions (MPCES) announced its entry into the Guatemalan market after signing a long-term power purchas…
Energy Investment
Africa is Turning into a Key Growth Zone of World Energy Market
Global Energy Association held the second conference of the Regional to Global cycle in Ethiopia. The event took place on 8 February in Addis Ababa, the capital…
PowerGrid Technology
Power to the People
Sulzer delivers bespoke motor redesigns for National GridWith global energy markets under pressure, utility companies are working hard to ensure that millions h…
Australia
Energy Arbitrage Sends Big Battery Revenue to New Record High in 2022
Victoria Big Battery. Image suppliedLarge-scale batteries in Australia’s National Electricity Market (NEM) earned record high revenue from arbitraging the…
Nuclear Equipment
French Nuclear Fleet Failure, Drought and War to Blame for Record Power Prices in 2022
Last year Europe saw very high levels of wholesale power prices, driven by gas prices that repeatedly broke all-time high records since the start of the Ukraine…
Solar Power Plant
Australia Connects 3GW of New Capacity in 2022, Must Double That to Reach Renewable Target
Port Augusta Renewable Energy Park. Source: Iberdrola.The Australian Energy Market Operator has published its latest connections data, showing 2.9 gigawatts (GW…
Oil Price
Oil Prices Expected to Average Around $90 in 2023-2027
LONDON: Brent oil prices are expected to remain around $90 per barrel throughout the next five years, according to eighth annual survey of energy market profess…
World Energy Outlook
South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…
Hydrogen Production
Hydrogen at Centre of China’s Plans to Win Bigger Share of Green Energy Market
A view of the hydrogen production unit at a SinoPec refinery in Qingdao, eastern China. Feature China / Barcroft Media / Getty ImagesA decade ago, China used lo…
Hydropower Plant
Colombian Agency Probing Enel for Alleged Price Breaches at Hydroelectric Plant
(photo courtesy Enel)Colombian public services watchdog Superservicios is investigating Enel for alleged pricing irregularities in the country’s wholesale…
Liquid Hydrogen
NV Energy To Add BESS As It Works To Trim Reliance On Western Energy Markets
This is Energy Vault’s first public utility customer for our short duration energy storage solutions.

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