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Energy Transition
Oxford Group: Decarbonizing Energy Would Save $12 Trillion
A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward re…
EU
EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms
It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…
Researchers at Sandia Lab Successfully Test New Power Generation Technology
Researchers at Sandia National Laboratories in New Mexico announced they completed a successful test of a new power-generating technology.
Nuclear Power Plant
European Power Prices Drop as Nuclear, Wind, and Solar Surge
Higher nuclear power generation in France and more solar and wind supply out of Germany eased Europe's prompt power prices early on Monday.
United States
Toyota to Collaborate with US DOE on Fuel Cells for Power Generation
Toyota’s fuel cells technology is to form the basis for a power generation research programme as the DOE seeks to advance the development of clean hydrogen.
Solar Power Plant
STEAG Joins Forces With German PV Monitoring Start-up
Power generation solutions provider STEAG has become a shareholder in Berlin-based start-up Solytic GmbH in order to strengthen its competencies in digitalisati…
Wind Farm
TotalEnergies and SSE Renewables’ Seagreen Wind Farm up and Running
TotalEnergies and partner SSE Renewables on Tuesday announced the first power generation from their Seagreen wind farm off the coast of Angus in Scotland.
Hydropower Plant
Europe’s Hydropower Generation Hits Record Lows Due to Drought
The effects of the drought conditions in many European countries are being felt in the hydropower generation sector, with low water levels in reservoirs constra…
CCS
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…
Geothermal Power Plant
New Zealand’s Contact Energy to Reinforce Renewable Energy Generation With $193 Million Investment
New Zealand's Contact Energy said on Monday it would spend NZ$300 million to build a 51.4 megawatt geothermal power unit near its Te Huka power station in Taupo…
Oil & Gas Supply
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…
Japan
GlobalData: Japan to Nearly Achieve 2030 Renewable Power Generation Target
Japan is focusing on the rapid development of renewable energy to fill the void created by the Fukushima nuclear power plant disaster.
Baker Hughes Acquires Power Generation Division of Brush Group
Energy technology company Baker Hughes has agreed to acquire the Power Generation division of BRUSH Group from One Equity Partners.
Nuclear Power Plant
Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis
High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants.
Carbon Emissions
The Effects of Unified Power Generation and Storage Facilities
About 25% of the world’s CO2 emissions come from the power sector, and the Paris Agreement’s target of keeping global temperature rise below 2 °C above pre-i…
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