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SMR
Fortum and MIT Launch SMR Cost Estimation Tool
Finnish energy company Fortum has collaborated with MIT to launch a Nuclear Cost Estimation Tool (NCET) that enables more precise cost estimation and risk asses…
Net Zero Emission
World Must Double Renewable Power Targets to Achieve Net Zero, Irena Says
Despite some progress, the transition is 'far from being on track', says Irena director general Francesco La Camera.
Nuclear Power Plant
Finland's OL3 Nuclear Reactor Remains Offline as Probe Continues
Investigation is still ongoing of cracks recently discovered in feedwater pumps at Finland's Olkiluoto 3 (OL3) nuclear reactor.
Nuclear Power Plant
France Headed for Winter Blackouts as EDF Cuts Nuclear Output Forecast
France is staring down a serious risk of blackouts this winter, with French utility EDF lowering its nuclear power output forecast for this year to 275-285 tera…
Smart Meter
20 Point-Plan for Driving 100% Smart Meter Uptake in Australia
The Australian Energy Market Commission (AEMC) has put forward recommendations to drive 100% smart meter uptake in Australia by 2030, as part of a suite of refo…
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Crude Oil
North America Leads $370 Billion Global Push for Oil & Gas Pipelines
Westwood’s upcoming onshore pipeline market forecast has revealed that between 2022 and 2028, the world will spend almost $370 billion on new oil and gas pipel…
Wärtsilä Reciprocating Engine Undergoes Hydrogen Pilot
Utility company WEC Energy Group and Electric Power Research Institute (EPRI) were among the partners to announce the completion of a hydrogen blending pilot pr…
Oil&Gas Drilling
ADNOC Awards Record US$4bn in Framework Agreements for IDFS
In a positive move for lower energy cost & low carbon intensive production, contracts have been awarded to ADNOC Drilling, SLB and Halliburton.
Net Zero Emission
World’s 1st Zero-Emission Cruise Ship to Be Classed by DNV
Northern Xplorer, a recently established Norwegian cruise venture, has selected classification society DNV to class its first zero-emission cruise ship.
Crude Oil
Oil Shortage Forecasts Clash With Grim Economic Projections
Oil markets can’t seem to choose which direction to head.
Energy-Eficient Building
Stricter Rules for Energy Performance of European Buildings
The European Council reached an agreement on a proposal to revise the Energy Performance of Buildings Directive (EPBD).
Crude Oil
World Set to Lose 5 Million Barrels of Oil per Day if Investment Stops
The world will lose 5 million barrels per day of oil each year from current supplies if spending comes to a halt, Dr Sultan Al Jaber, managing director and grou…
Hydropower Plant
Eesti Energia Receives State Support for Pumped-Storage Hydroelectric Power Plant
The joint agency of Enterprise Estonia and KredEx has allocated €584 950 for Eesti Energia to prepare the construction of Estonia’s first hydroelectric energy…
Natural Gas
U.S. Natgas Futures Falls 3% on Mild Weather Forecasts
U.S. natural gas futures fell about 3% on Friday on record output and forecasts for mild weather and low heating demand through mid November, which should allow…
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