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Market Analysis
New GHG Targets Dampen Coal Outlook in South Korea
South Korea's power sector will have to reduce its net 2030 greenhouse gas emissions by at least 44.4pc from 2018 levels to meet the newly proposed nationally d…
Carbon Emissions
Energy Crisis Sets Stage for Record Global Carbon Emissions
Greenhouse gas emissions had already been surging this year
Offshore Wind Power
Cloudberry Sets up Offshore Wind Unit
Charlotte Bergqvist has been hired to head up the Norwegian company's new business
Natural Gas
Defining Moment for the World on Natural Gas: GECF Annual Workshop
The cleanest of all the fossil fuels has entered its most defining moment as the world gets back to the twin ambitions of economic recovery and sustainable prog…
Nuclear Fuel
Rosatom Starts Production of Zirconium Sponge for Nuclear Fuel
Chepetsky Mechanical Plant, an enterprise of Rosatom’s TVEL Fuel Company in Glazov, Russia’s Udmurt Republic, has mastered the technology of zirconium sponge …
Market Analysis
Global Energy Crisis Drives U.S. Coal Prices to Two-Year High
The global energy crisis is rippling into U.S. coal markets, with prices hitting a two year high due to surging demand and years of supply cuts.
Carbon Neutral
Malaysia Sets 2050 Carbon-Neutral Goal
Malaysia's new prime minister Ismail Sabri Yaakob has announced a goal for the country to become carbon neutral "as early as 2050", alongside a commitment to st…
Oil Price
Goldman Sachs Hikes Oil Price Forecast To $90
Tightening oil markets with robust demand recovery and disruptions to supply from Hurricane Ida prompted Goldman Sachs to hike its end-2021 oil price forecast t…
China
China Establishes Electricity Equipment Giant Through Merger
China has established a central government-controlled electricity equipment company through a merger, according to a statement issued by the State-owned Assets …
Hydrogen Production
Offshore Hydrogen Production gets a Boost with New Partnership
Offshore engineering company Aquaterra Energy has partnered with green hydrogen producer and supplier Lhyfe and offshore drilling contractor Borr Drilling to de…
Energy Storage Technology
Bill Gates’ Breakthrough Energy Catalyst Program Gets Anchor Partner in ArcelorMittal
The $100 million equity investment is being made through the XCarb innovation fund across 5 years.
Nuclear Power Plant
Second Belarusian Reactor Nears Operation
Ostrovets 2 is at the hot test stage of commissioning and should begin generating electricity next year.
Carbon Emissions
South Africa's Sasol to Reduce Carbon Emissions by 30% to 2030
South Africa's fuel and chemical producer Sasol Ltd has raised its emissions reduction targets for 2030 to 30% from 10% previously in a bid to make the company …
Hydrogen Project
China’s Self-Developed Hydrogen Liquefying System to Power Domestic Carrier Rockets
China's first domestically developed hydrogen liquefying system with a high daily output of liquefied hydrogen was successfully produced to fuel carrier rockets…
Market Analysis
IEA Says Climate Targets will Accelerate Czech Coal Phase-Out
Ensure that lessons are learnt by all relevant stakeholders from recent Gen-III nuclear new build projects in OECD countries to limit the risk of cost overruns …
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