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Nuclear Power Plant
NERSA Takes Action on New Nuclear Power Procurement
In a consultation paper gazetted on Monday, the National Energy Regulator of South Africa outlined government plans to add 2,500MW of nuclear power to South Afr…
Clean Energy Transition
UK Aims to Increase Renewable Energy Capacity by 12GW
The UK Government is planning to increase renewable energy capacity to 12GW in the fourth round of the Contracts for Difference scheme, which will open next yea…
Carbon Emissions
Pandemic Causes Record Decline In U.S. Carbon Emissions
Last week BloombergNEF published a new report that quantifies the impact of the Covid-19 pandemic on U.S. carbon dioxide emissions.
Oil Field
GeoPark Announces Agreement to Sell 10% Working Interest in the Manati Gas Field in Brazil
The total consideration of the transaction amounts to R$144.4 million, including a fixed payment of R$124.4 million plus an earn-out of R$20.0 million, which is…
Nuclear Power Plant
Hungary's Paks II Project Receives Construction Approval
The Hungarian Energy and Public Utilities Regulatory Authority (MEKH) has approved Atomerőmű Zrt's plan to construct two VVER-1200 reactors at the existing Pa…
China
Yingli Restructure Plan Formally Approved by Chinese Court
Solar manufacturer Yingli Energy has achieved what it described as a “critical milestone” after its restructuring plan was formally approved by a Chinese cour…
United States
Idaho is Top Pick for Energy Department Nuclear Test Reactor
The U.S. government said Thursday that Idaho is its preferred choice ahead of Tennessee for a test reactor to be built as part of an effort to revamp the nation…
Oil & Gas Trade
CNOOC China Awards LNG Contract to Aramco Trading
China National Offshore Oil Corp has awarded a tender to buy liquefied natural gas from the trading arm of oil giant Saudi Aramco in Singapore through the Shang…
Chile
China State Grid Further Inroads into Chile’s Electricity Distribution Sector
Spanish energy company Naturgy’s 96.04% stake in CGE will cost State Grid €2.57 billion payable in cash once the transaction is completed, which is expected b…
Net Zero Emission
Government of Canada Charts Course for Clean Growth by Introducing Bill to Legislate Net-Zero Emissions by 2050
As the Government of Canada continues to protect and support Canadians through the COVID-19 pandemic, we must continue working toward building a better future.
SMR
What are Small Modular Nuclear Reactors?
Small modular reactors could allow energy developers to build smaller nuclear plants than conventional construction would.
Carbon Neutral
EU Parliament Sets Out Proposals to Finance Carbon-Neutral EU in 2050
Members of the European Parliament stressed on November 13 that one of the objectives of the Sustainable Europe Investment Plan should be to ensure a shift from…
Carbon Neutral
India Only G20 Nation on Track to Meet Paris Pact’s 2°C Goal
Though China has declared that it will be carbon neutral by 2060, it is in the 'highly insufficient' category according to the climate action tracker while Indi…
RCEP
RCEP TRADE PACT SIGNED: Dawn of the Asian Century?
After eight years of talks, China and fourteen other nations in the Asia-Pacific formally signed one of the world's largest regional free trade agreements, th…
Hydrogen Project
Green Hydrogen Is Sparking a Revolution in Sustainable Energy
Hydrogen, an already viable substitute for fossil fuels, has been struggling to gain traction for years.
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