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Market Analysis
Consumers Energy to Quit Coal by 2025, Speeding Closure of Five Units
Michigan’s largest energy provider Consumers Energy will stop using coal as a fuel source for power generation within the next four years—15 years earlier tha…
Hydrogen Project
Howden Signs Green Hydrogen Agreement with Nel
Global provider of mission critical air and gas handling products, technologies and services, Howden, has signed a framework agreement with Nel Hydrogen Electro…
Crude Oil
Opec+ Leaves 500,000 b/d August Output Rise on Table
Shrinking OECD inventories and rising global crude prices could lead the Opec+ coalition to consider a 500,000 b/d production rise when it irons out its August …
Net Zero Emission
Rio Tinto, Schneider Electric partner to drive decarbonization
Rio Tinto, a leading global mining and metals company, and Schneider Electric signed a memorandum of understanding for a collaboration to develop a circular and…
Nuclear Power Plant
Rosatom’s Angarsk Facility Wins Contract for Decommissioning Projects
The work will be carried out within the framework of the Federal Target Programme “Ensuring Nuclear and Radiation Safety for 2016-2020 and for the Period until…
Offshore Wind Power
Vestas Wins Offshore Wind Energy Order for Arcadis Ost 1
Vestas has secured a firm order for wind turbines for Parkwind’s 257 MW Arcadis Ost 1 offshore wind farm, to deliver 27 V174-9.5 MW turbines 19 km northeast of…
Net Zero Emission
UAE Could Become First OPEC Producer To Pledge Net-Zero By 2050
One of OPEC’s largest producers, the United Arab Emirates, is considering the potential adoption of a net-zero by 2050 goal
Energy Storage Battery
Plans Unveiled for Netherlands’ Largest Battery
The 24 MW/48 MWh system is being built by Dutch storage system provider Giga Storage and utility Eneco. The battery will be used by Eneco for forecasting supply…
Energy Storage Battery
Zenobe to Begin Construction on 100MW/107MWh Battery Following Santander Financing
Battery storage firm Zenobe has announced it is to start construction on its 100MW/107MWh battery at Capenhurst, near Chester.
Oil Price
Russian Domestic Oil Prices Soar to All-Time High
Traders said oil for July delivery at the regional metering points jumped to between 36,700-37,100 roubles per tonne, up from 32,900-33,600 roubles a month earl…
CCS
Iowa Establishes Carbon Sequestration Task Force
Iowa Gov. Kim Reynolds on June 22 signed an executive order to establish a carbon sequestration task force.
Net Zero Emission
Schlumberger Commits to Reaching Net-Zero by 2050
Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas emissions by 2050.
Nuclear Power Plant
Cooperation with the U.S. May Hinder Korea's Nuclear Power Plant Exports
South Korean President Moon Jae-in and U.S. President Joe Biden had their first summit and released a joint statement on May 21.
Nuclear waste
Swedish Government Must Consider Applications in Parallel, Says SKB
On 20 June, the government asked the radioactive waste management company how it intends to separate the application for the final repository.
Electricity Transmission
New Orleans to Build New $74 million Substation
The city of New Orleans has announced plans to build a new $74 million substation in order to reliable power the city’s drainage and water pump systems.
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