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Energy Storage Technology
Bill Gates Nuclear Storage Venture to Help Wind and Solar
A venture backed by Bill Gates has unveiled small-scale nuclear power-plus-storage technology designed to work alongside wind and solar to provide continuous ze…
Why Decarbonizing Electricity Generation is Need of Hour
Decarbonizing Electricity Generation is the first and most essential step in the massive transition to clean energy systems needed by 2050 to meet climate goals…
Market Analysis
A 64% Decline in Production Costs of Green Hydrogen Anticipated
The costs to produce green hydrogen will fall by 64% by 2040, according to a new study released by research firm Wood Mackenzie.
Japan
Mitsubishi Shipbuilding to Pilot World’s First Marine Carbon-Capture System
Mitsubishi Shipbuilding is partnering with transportation company Kawasaki Kisen Kaisha and non-profitable organisation Nippon Kaiji Kyokai to pilot the world’…
Energy Storage Project
The U.S. Energy Storage Boom Is About To Begin
The rise of renewable energy sources and the decarbonization of the grid will need new energy storage installations in the coming years to provide flexible ener…
Geothermal Power Plant
Climeworks Goes to Iceland for Geothermal-Powered CCS Project
Zurich-based carbon capture firm Climeworks AG will partner with Carbfix and ON Power in a direct air carbon capture and storage project in Iceland.
Nuclear Power Plant
Exelon Announces Early Shutdown of Four Illinois Reactors
US utility Exelon Generation announced today both the two-unit Byron and Dresden nuclear power plants will be retired in 2021 as "the result of market rules tha…
Nuclear Power Plant
Nuclear Power: The Road to a Carbon Free Future
Today, nuclear power provides 10% of the world’s electricity.
Market Analysis
Green Hydrogen Costs ‘Set to Fall 64% by 2040’
The cost of producing hydrogen using electricity supplied by renewable sources is forecast to fall up to 64% by 2040.
Thermal Plant
Ørsted Announces Inauguration of Asnæs Power Station in Denmark
Danish renewable energy company Ørsted has announced the opening of the Asnæs Power Station, a wood chip-fired power unit in Denmark.
LNG
Renewables Could Cut LNG Plant Emissions by 8%
Using renewable energy could help the Asia Pacific region cut carbon emissions from liquefied natural gas plants by 8%.
Energy Transition
BP, Pale Blue Dot Scoop ‘Energy Transition’ Prize
BP and Pale Blue Dot were among winners of the 2020 Offshore Achievement Awards during a virtual ceremony on 14 August.
Hydropower Plant
Drax to Spend £1m on Cruachan Hydro Plant Upgrade
Drax Group’s Cruachan hydroelectric pumped storage plant, built inside a hollowed-out mountain in Scotland, is to undergo an upgrade.
United Kingdom
BP Joins European Clean Hydrogen Alliance
As part of its focus on low carbon energy, BP has joined the European Clean Hydrogen Alliance.
United Kingdom
OGA Highlights the Importance of Hydrogen to Achieve Net Zero
The integration of offshore energy systems could contribute to approximately 30% of the UK’s total carbon reduction requirements needed to meet the 2050 net ze…
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