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Energy Storage System
Battery Storage Revenues Increase by 53% In a Month
Dynamic Containment Low prices increased by over 300% to £6.41/MWh in July, said Modo. Image: Getty.Modo Energy's monthly Revenue Benchmark has found …
Solar Power Plant
Spanish PV Market Exposed to Over-Investment Risk by 2030
New data from Afry Management Consulting suggests that Spain’s solar power producers could face prices below €20/MWh before 2030 if renewable penetra…
Hydrogen Production
Hydrogen at Centre of China’s Plans to Win Bigger Share of Green Energy Market
A view of the hydrogen production unit at a SinoPec refinery in Qingdao, eastern China. Feature China / Barcroft Media / Getty ImagesA decade ago, China used lo…
Natural Gas
U.S. Gas Production Set for Big Increase in 2022 on High Prices
As a result, futures prices for deliveries at Louisiana's Henry Hub in January 2023 are currently trading around $1.15 per million British thermal units below p…
Crude Oil
OPEC Crude Output Cuts Should Help U.S. Shale Profits in 2021
U.S. crude oil production has fallen 2 million barrels per day in the last year as low prices and demand forced shale producers to cut their losses
Electricity Trade
Energoatom Accepts Need for Fixed Power Prices
Ukrainian nuclear power plant operator Energatom says it understands the urgent decision taken by the Cabinet of Ministers on 28 December to extend regulations …
LNG
Bangladesh to Increase Spot LNG Imports Because of Rising Demand
Bangladesh is expected to double its imports of liquefied natural gas from the spot market starting in December as demand rises and to capitalise on low prices …
Oil & Gas Trade
Oil Companies Cut More Jobs As Demand Recovery Remains Uncertain
Suncor Energy is cutting as much as 15 percent of its workforce—a total of 2,000 jobs—as demand destruction and low prices have created an adapt or die scenar…
United States
India to Create its First Overseas Oil Stockpile in US
India is moving to store oil in the US, the first time world’s third-largest oil guzzler is creating an emergency reserve abroad to take advantage of low price…
Oil Price
Mexico's Secret Weapon in the Oil Price War
As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge shielding it from …
Oil & Gas Trade
PetroVietnam Says Considers Stockpiling Oil Amid Low Prices
Vietnam Oil and Gas Group, known as PetroVietnam, said on Wednesday it was considering stockpiling crude oil amid low prices while exploring measures to cope wi…
Omnis Kz, Llp
We offer a wide range of lighting equipment under the trademark "Omnis" and "OmniLEDs" which meets all the needs of the client's business. Lamps Omnis have a lo…
Shale Gas
The Warning Signs Are Flashing For U.S. Shale
U.S. oil production growth has slammed on the breaks, as low prices and the loss of access to capital markets has forced a slowdown in drilling.
Solar Power Plant
A World Record Low Price Bid of $16.953/MWh for A 900MW Solar Park in Dubai
A consortium led by Saudi Arabia-based ACWA Power had reportedly lodged a world record low price bid of $16.953 ($A25) a megawatt hour for a 900MW solar park in…
Wind Turbine
Goldwind Canada Set World Record Low Price for Long Term Wind Energy
China’s Goldwind secured its first order in Canada after clinching a deal to supply a 200MW project in Saskatchewan that’s claimed to set “a world record low…