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Distributed Grid
French Retail Power Prices to Rise Nearly 10% From February
Regulated French power prices will rise nearly 10% from February in line with promises not to exceed that level, Finance Minister Bruno Le Maire said on SundayL…
Offshore Wind Power
Nordex Achieves Order Intake of 7.4 GW of Wind Power in 2023
Nordex increased its order intake for 2023 by 16 percent to a total of 7.4 gigawatts (GW) with 1,270 wind turbines (previous year: 6.3 GW with 1,235 wind turbin…
Biofuel
Singapore: Bunker Sales of Biofuels More Than Tripled in 2023
Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more tha…
Oil & Gas Trade
Totalenergies Initiates Force Majeure on Russia's Arctic LNG 2
A concrete gravity-based structure (GBS) of Arctic LNG 2 joint venture is seen under construction in a dry dock of the LNG Construction center near the settleme…
Energy Storage Project
Q4 2023 Sees Largest Quarterly Increase in Battery Energy Storage
Energy research consultancy Modo Energy has confirmed that Q4 2023 saw 420MW of new battery energy storage capacity become commercially operational.This new cap…
Biofuel
USDA Boosts Forecast for 2023-'24 Soybean Oil Use in Biofuel Production
The USDA increased its forecast for 2023-’24 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, re…
LNG
Inpex To Increase Stake in Ichthys LNG Project
Japan’s energy company Inpex Corporation is planning to enter into an agreement with Tokyo Gas in relation to the acquisition of the participating interes…
Biofuel
Veolia Aims for 50% Increase in Green Energy Production
A logo on the windows of the Veolia Environnement headquarters in Paris, France, February 9, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsVeo…
Biofuel
EIA: Biomass Power Capacity to Remain Stable Through 2024, 2025
Renewables are expected to account for 24 percent of U.S. renewable electricity generation this year, increasing to 26 percent in 2025, according to the U.S. En…
Oil & Gas Trade
Power Prices Drop in Ireland as EU Increases Gas Reserves
Cornwall Insight have reduced their short-term power market price forecast for Ireland, with predictions for 2024 dropping by over 18%. This could bring welcome…
Microgrid
Spain May Raise Power Grids Investment Limits, Energy Minister Says
Electricity pylon next to a group of wind turbines are pictured in Barranco de Tirajana, in the island of Gran Canaria, Spain, May 11, 2022.REUTERS/Borja Suarez…
Carbon Emissions
US Energy-Related CO2 Emissions to Be Unchanged in 2024 - EIA
U.S. energy-related carbon dioxide (CO2) emissions are expected to remain unchanged in 2024, as increased natural gas and petroleum emissions offset decreased c…
Oil&Gas Drilling
China's Oil Production Rises to 208 Mln Tons in 2023 - CCTV
China's crude oil production rose to 208 million metric tons in 2023, equivalent to 4.16 million barrels per day, state broadcaster CCTV said on Tuesday.The…
Oil&Gas Drilling
ONGC Initiates Oil Production From Its Deep-Water Asset
ONGC announces the successful commencement of First Oil from the deep-water KG-DWN-98/2 Block, situated off the coast of Bay of Bengal.This 98/2 project is like…
Photovoltaic （PV）
Brazil Penalizes the Import of Photovoltaics
The increase in the import tax on photovoltaic solar panels, announced by Brazil in 2023, puts at risk the installation of 18 GW of solar plants, responsible fo…
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