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Market Analysis
As Energy Prices Tumble, Developing Countries Trim Subsidies
The coronavirus pandemic has sent economies into recession and reduced government revenue, so some countries are taking a politically perilous path: removing re…
Coal-Fired Power Plants
China Resources Global "Ultra-low Coal Consumption" Coal Power Million Units Handed Over
China Resources Caofeidian 2×1000 MW ultra-supercritical coal-fired engineering unit No. 4 successfully completed the 168-hour full-load trial operation succes…
Nuclear Power Plant
IAEA: Reactors are Maintaining Safe Operation During Pandemic
During the pandemic, the OPEX and IRS platforms will remain open for further input.
Energy Storage System
Erope: Corvus Supplying Energy Storae System for Danish Electric Ferry
Corvus Energy has been selected by Hvide Sande Shipyard – Steel and Service to supply the energy storage system for a new fully electric ferry。
Thermal Coal
China's Thermal Coal Price Returns to Pre-Pandemic Levels
Thermal coal price in China has trended back to pre-COVID-19 levels as it strongly rebounded by 17% from the previous trough of $65.72 per tonne to $76.76 as of…
Power Construction
Nigeria's Stranded Electricity Hits 4,159MW as GenCos Seek Unbundling of TCN
Electricity Generation Companies have said although they have increased their generation capacity to 8,145Mega Watts in 2020, they only produce 3,987mw for Nige…
Oil Pipeline
Bulgaria Expects to Finish Russian Gas Pipeline on Time
Bulgaria says it aims to build on time its stretch of a pipeline that will bring Russian gas to Europe, despite unforeseen delays due to the COVID pandemic.
Wind Farm
Voltalia Brings Live 163-MW Wind Farm in Brazil
France's Voltalia SA today announced the full commissioning of its 163-MW VSM 1 wind farm in Brazil's Rio Grande do Norte state.
Biobattery
UK Electricity Plant Nears Full Switch away from Coal
As the coronavirus pandemic undermines the production of cleaner renewable fuels, the UK's biggest electricity plant is close to using only biomass following a …
Gas turbine engine
GE Completes Italy Gas Turbine Upgrade Despite COVID19
GE and Italian energy firm Tirreno Power have revealed how they managed to complete an upgrade on a gas turbine at a major power plant during the peak of Italy…
Oil Shale
Oil Explorers Revert to Pre-Shale Drilling Level Across U.S.
Oil explorers are drilling at the slowest pace in more than a decade as the pandemic-driven collapse in energy demand wipes out cash flow, jobs and even entire …
Policy & Regulation
IRS Grants Wind and Solar Sectors Critical COVID-19 Reprieves
The U.S. Internal Revenue Service has granted a one-year extension of the continuity safe harbor, providing much-needed relief for many wind developers, which, …
Energy Investment
Global Energy Investment to Plunge 20% This Year: IEA
Global energy investment is set to face a “staggering” decline this year as a result of the Covid-19 pandemi.
Biobattery
Fortum and KPA Unicon Unveil 49 MW Biomass Plant in Finland
A bio-heating boiler plant delivered for clean energy company Fortum to Espoo, Finland, has been officially handed over for commercial use.
Electric Car
China's Chery Auto Plans to Sell Cars in EU, United States: Chairman
China's Chery Automobile, which has a manufacturing partnership with Jaguar Land Rover, is planning to sell its own-branded cars in the European Union and Unite…
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