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Electric Vehicle Charging
UK Homeowners to Spend $16bn on EV Charging by 2026
By 2026, there will be around one billion EV charging sessions in the UK, according to a new study.
Nuclear Reactor
DOE Launches Credit Program to Help Preserve Nation’s Nuclear Fleet
The U.S. Department of Energy (DOE) is seeking input on a newly established $6 billion program aimed at supporting the continued operation of U.S. nuclear react…
Oil Price
South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading
South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…
Electric Vehicle Charging
President Biden, DOE and DOT Announce $5 Billion over Five Years for National EV Charging Network
Joint Energy and Transportation Office and DriveElectric.gov Available to Assist States with Electric Vehicle Infrastructure Deployment Plans.
Energy Transition
RWE to Spend €15bn on German Decarbonisation Portfolio
German utility RWE has announced a plan to invest €15 billion ($17.1 billion) to expand its portfolio of green energy in a move to accelerate the energy transi…
Hydropower Plant
Investments in Hydro Set to Increase in 2022 Says New Research
Hydropower capacity in 2022 is set to exceed 1200GW and investments will climb to $36.3 billion, new research from Rystad Energy has suggested, with hydro set t…
Hydropower Plant
Rystad Energy: Hydropower Growth Set to Continue
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1200 GW for the first time and investments climb to US$36.3 billion…
Energy Investment
Hyundai Engineering to Expand Business in Energy Sector
According to the company, its investments in plastic recycling and carbon dioxide recycling will be 530 billion won and 350 billion won, respectively.
Natural Gas
Saudi Arabia’s Gas Production Hits Record-High
Saudi Arabia has grown its natural gas production by 30 percent in a decade to a record 11 billion cubic feet per day (Bcf/d) in 2020
Montenegro
Montenegro Declares Nine Energy Projects as Infrastructure Priorities
The list of priority infrastructure projects of the Government of Montenegro includes nine energy projects, estimated at EUR 1.2 billion in total
Offshore Wind Power
China Three Gorges Power to Invest $6.5bn in Offshore Wind Power
Chinese state-owned power firm China Three Gorges Corporation is to spend $6.5 billion on three off-shore wind farms in Guangdong province amid schemes to diver…
Electricity Reform
AMLO to Discuss Power Reform with US Energy Secretary
Mexican president Andres Manuel Lopez Obrador will meet with US energy secretary Jennifer Granholm in Mexico City this week to discuss his controversial electri…
South Korea
South Korean President Visits UAE, Showcasing Deep Ties
The president of South Korea has reached a preliminary multibillion-dollar deal to sell Seoul’s surface-to-air missiles to Abu Dhabi and pledged deeper coopera…
Electricity Transmission
Details Emerge About DOE, FERC Grid Plans for Clean Energy
The Biden administration’s plan announced yesterday to pump $20 billion into expansion of the nation’s transmission networks will target “shovel ready” proj…
Energy Investment
Invenergy Secures $3bn from Blackstone to Drive Clean Energy Platform
Chicago-based multinational utility Invenergy is set to expand its renewable energy business after securing approximately $3 billion in investment from global a…
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