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Electricity Trade
Brazil Nuclear Power Tariff to Increase 40pc in 2022
Tariffs for Brazilian nuclear power plants Angra 1 and Angra 2 will increase by 39.86pc in 2022, according to Brazilian national power regulatory agency Aneel.
Crude Oil
OPEC+ Undershoots Oil Production Target Again
The OPEC+ group delivered the 400,000-bpd production increase in November, but it was still more than half a million barrels per day short of its overall oil pr…
OPEC
Opec Revises Higher Call on Its Own Crude in 2021-22
Opec has revised higher the 2021 and 2022 forecast call on its own members crude as it increased oil demand expectations for both years, saying it expects the C…
Energy Storage Battery
UK Battery Storage Facility Acquired by TagEnergy
Global clean energy enterprise TagEnergy has increased its UK presence with the acquisition of a 100% stake in the Lakeside 99.9 MW battery storage facility in …
Wind Power Project
India and Brazil Set to Double Wind Power Capacity in 10 Years, Fitch Says
Vietnam’s wind power capacity is forecast to increase by more than 400 per cent over the coming decade, agency says
LNG
Global LNG Exports Hit Eight-Month High
Global LNG loadings increased in November compared with recent months, and were at their quickest since March, as stronger US and Malaysian output offset slower…
HTGR
UK Government Confirms Choice of HTGR for Advanced Reactor Demonstration
He concluded that, in just a year, incredible progress has been made towards achieving net zero.
Offshore Wind Power
Offshore Wind Projects Increase Significantly in 2021, Fitch Says
The sector accounts for 55% of the project pipeline, compared with 45% for onshore wind plants
Solar Technology
Nanostructured Layer for Perovskite Solar Cells Using Argon Plasma Etching
A recent study published in the journal Materials Research Bulletin details that plasma etching results in a substantial increase in efficiency and performance …
Nuclear Fusion
Equinor Ventures Increases Investment in Fusion
Equinor Ventures, the venture capital arm of Equinor, is increasing its investment in Commonwealth Fusion Systems as part of the Series B funding round to raise…
Crude Oil
Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties
The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned
Iberdrola to Increase Energy Prices from January 1
Iberdrola Ireland said it will increase its gas and electriciy prices from January 1, becoming the latest energy supplier to announce price hikes.
Electric Car
NIO, Shell Collaborate on Battery Swapping and Charging
Chinese automotive manufacturer NIO and Shell have signed an agreement to construct and operate battery swapping facilities in China and charging stations in Eu…
Electricity Trade
Cold Blast Sends Power Prices Soaring In Germany
Europe's first cold spell of the heating season has arrived, pressuring power prices higher as freezing temperatures ushers in increased power demand to heat bu…
Nuclear Reactor
The Foundation Concreting of the BREST-OD-300 Reactor is Completed
Another milestone achieved in construction of the innovative BREST-OD-300 fast neutron reactor at the site of the Siberian Chemical Combine, a subsidiary of Ros…
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