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Energy Investment
China's CEIC, China Reform set up $1.55 bln New Energy Fund
Upon launch, the fund is expected to generate about 50 billion yuan worth of financing in projects using wind, solar and hydrogen and energy storage, the State-…
Hydropower Plant
Arunachal Pradesh: Kameng Hydro Power Plant gets fully commissioned
The North Eastern Electric Power Corporation on Tuesday successfully synchronized the fourth generating unit of 150 MW of the 600 MW Kameng Hydro Power Plant wi…
Oil & Gas Trade
Uzbekistan to Open up Electric Power, LPG Markets Amid Shortages
Uzbekistan exports natural gas, mostly to China, but it has experienced shortages this winter, prompting cuts to export shipments and discontent among household…
Market Analysis
French Central Bank to Exit Coal, Cap Oil and Gas Investments
The French central bank said on Monday it would exit from coal and limit exposure to gas and oil in its investment portfolio by 2024 as part of a shift towards …
Hybrid Power Plant
Wärtsilä and Partners to Cooperate in Wind-to-Hydrogen-to-Electricity Project
Wärtsilä Finland, the energy companies Vaasan Sähkö and EPV Energia, and the City of Vaasa, Finland have signed a letter of intent to cooperate in a project…
CCS
Qatar Sets 7mn t/yr 2030 Carbon Capture Target
Qatar's state-owned QP has set itself a target of reducing greenhouse gas (GHG) emissions, including plans to capture and store more than 7mn t/yr of CO2 from i…
Coal Trade
Coal Exports from Port of Newcastle Strong Despite China's Ban on Australian Coal
While Australian coal remains off limits in China, the trade tensions have barely dented overall export figures from Australia's largest coal terminal, with pro…
Energy Saving
Energy Efficiency Law Passed in Chile
Chile’s first energy efficiency law targets initially a 10% reduction in energy intensity by 2030 compared to 2019.
Market Analysis
Cold Weather and New Regulations Spark Record Power Prices in the British Isles
Electricity market analyst EnAppSys has published a new study that reveals a week of tight margins and system warnings led to extreme power prices in the Britis…
France
Total to Keep up Renewables Energy Investments in 2021, Says CEO
Total will be as active in adding renewable energy assets in 2021 as it was last year, Chief Executive Patrick Pouyanne told an Oddo BHF conference on Friday.
Market Analysis
Wood Mackenzie reveals energy sector’s top ten trends in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Crude Oil
Petrobras Sets Oil Production Record in 2020
Robust Chinese demand for pre-salt crude buoyed Brazil' state-controlled Petobras in 2020, helping spur record output of 2.28mn b/d of oil.
Hydropower Plant
India Gets $231m ADB Aid for Lower Kopili Hydro Project
The Asian Development Bank (ADB) has approved a $231 million loan to fund the construction of the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assa…
Smart Grid
New UK DERMS Project Targets Flexibility Across Distribution and Transmission Grids
Smarter Grid Solutions to work with the regional DNO and U.K. system operator on the whole-system platform.
Hydrogen Project
Norwegian Offshore Wind-to-Hydrogen Project Gets Financial Boost
Innovation Norway has granted financial support to the Deep Purple project, which is developing a green hydrogen production system powered by offshore wind, wit…
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