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Market Analysis
Hydropower at Risk as Water Levels at Lake Victoria Rise
In Uganda, Lake Victoria’s water levels have surged to their highest level in more than half a century posing a threat to the country’s hydropower plants.
Oil & Gas Trade
U.S. Oil Futures Plunge Nearly 25 Pct Amid Fears of Filled Storage
Oil prices fell significantly on Monday with the U.S. benchmark down nearly 25 percent amid fears over a growing scarcity of oil storage space.
Nuclear Power Plant
Czech Government Takes Step Toward Building New Nuclear Plant
The Czech government on Monday approved agreements with majority state-owned electricity producer CEZ setting out the framework for building a new nuclear power…
Crude Oil
Saudi Arabia Starts Production Cuts Ahead Of OPEC+ Deal
Oil prices plummeted again on Monday, with WTI Crude crashing by 23 percent to just $13 a barrel at 2:30 p.m. EDT.
Key Renewable Energy Legislation Unveiled In DE
State Senator Harris McDowell unveiled critical legislation that would seriously increase Delaware’s utilization of renewable energy by expanding the state’s …
Crude Oil
Algeria Says Proven Oil Rserves at 10 Billion Barrels
OPEC member Algeria's proven oil reserves are currently 1.34 million tonnes, or 10 billion barrels, Energy Minister Mohamed Arkab said on Sunday.
Coal Production
NLC India Begins Coal Production in Odisha
"NLC India Ltd's Talabira-II and III Opencast Coal Mine in Odisha having normative capacity of 20MTPA commenced coal production on Sunday," the Tamil Nadu-based…
Oil Price
US Oil Futures Dip over 7 Pct Amid Oversupply Concerns
Oil prices dropped noticeably Sunday night with the US benchmark down more than 7 percent amid persistent oversupply concerns.
Electric Car
Vattenfall and Hyundai Boost Electric Driving Together
In a new partnership, Vattenfall and Hyundai make it possible for Dutch customers to purchase a future-proof charging point and charge card from Vattenfall.
Market Analysis
Making electric Energy Systems Future-Ready Through Multiple Forms of Power Generation
Since the earliest days of streetcars and public utilities, electric power systems have had a fairly standard structure: for a given area, a few large generatio…
SMR
New Recommendations on Safety of SMRs from the SMR Regulators’ Forum
Increasing access to electricity and powering economies while minimizing greenhouse gas emissions are central goals of many governments, including small modular…
Wind Turbine
Enercon Owner, EWE to form 5GW Wind Powerhouse
The Aloys Wobben Foundation, owner of turbine manufacturer Enercon, and German utility EWE have agreed to set up a joint venture company to pool their onshore w…
Oil Price
US Oil "Technically Worthless," and Coal Plants Shuttered, as a Tidal Wave of Bankruptcies Looms
May contracts for West Texas Intermediate (WTI) crude oil went as low as -$37.63 on Monday.
Crude Oil
Trump Says "Looking to" Add 75 mln Barrels of Oil to Strategic Petroleum Reserve
U.S. President Donald Trump said on Monday that the United States is "looking to" add 75 million barrels of oil to its Strategic Petroleum Reserve (SPR) as oil …
Capstone Turbine to Launch Innovative Animal Waste Biogas Project
The 800kW biogas-powered facility will use a digester to process the organic biomass coming from the city of Handa.
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