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Energy Investment
EU Bank Acquires 25% Stake in Romanian Gas Company
The European Bank for Reconstruction and Development is strengthening energy security in Moldova with the acquisition of a 25% stake in Vestmoldtransgaz.
Market Analysis
A 64% Decline in Production Costs of Green Hydrogen Anticipated
The costs to produce green hydrogen will fall by 64% by 2040, according to a new study released by research firm Wood Mackenzie.
Combined cycle power plant
Cascade Power Project Secures $1.2bn Financing; Enters Construction Phase
Kineticor Resource has secured C$1.5bn financing for the Cascade Power Project, a 900MW combined-cycle natural gas-fired generating facility, with construction …
Electric cooking range for G and H Fire stations
Tenders are invited for Electric cooking range for G and H Fire stations to be used by Firestaff working in shifts.
Oil & Gas Trade
What is Behind the Eastern Mediterranean Oil and Gas Rush?
Tensions are rising as countries compete for control of oil and gas reserves in the Eastern Mediterranean.
Nuclear Power Plant
Exelon to Close Byron and Dresden Nuclear Power Plants
US-based Exelon Generation has announced that it intends to retire its Byron and Dresden nuclear power plants in Illinois in autumn 2021.
Coal Production
Germany Begins Allocating €40 Billion to Coal Regions to Start Phase-Out
By 2038, Germany’s last coal-fired power plants are expected to be shut down. To reorient the regions economically, however, they are to be replaced by researc…
Lithuania
Lithuania Pulls Outs of BRELL Power Reserve Agreement
Lithuania has opted out of the so-called BRELL agreement, which obligates it to exchange emergency electric power reserves with Latvia, Estonia, Russia and Bela…
Market Analysis
South Africa Sees Worst Power Cuts on Record in 2020, Research Shows
The power cuts by ailing state utility Eskom are one of the biggest challenges facing President Cyril Ramaphosa as he tries to revive investor confidence in Afr…
Energy Storage Battery
The Battery Breakthrough That Could Transform An Entire Industry
A team of researchers in India has introduced an eco-friendly and energy-efficient battery that is being touted as “the future” of batteries — not only for t…
Coal-Fired Power Plants
Camden Power Station Back Up, But Eskom Emissions Continue
Eskom’s Camden Power Station, close to Ermelo in Mpumalanga, resumed operations on Thursday after a four-month shutdown.
Thermal Plant
KenGen Seeks to Build a Waste to Energy Plant Via Bidding Process
The Nairobi Metropolitan Services – responsible for solid waste management in the city county – has partnered with Kenya Electricity Generating Company to est…
Nuclear Power Plant
EDF to Restart Operations at Hunterston B Nuclear Power Station
EDF Energy is ready to restart electricity generation at the Hunterston B nuclear power station in Ayrshire, Scotland.
Solar Power Plant
Luminous Energy Completes Sale of 203MW Solar Farm in Australia
Solar and energy storage developer, Luminous Energy, has announced the completed sale of 100% shares of the 203MW Columboola Solar Farm in Queensland, Australia…
Oil Price
Putin Would Like To See Oil Prices Above $46 Per Barrel
It would be better for Russia if oil prices were higher than $46 a barrel, Russian President Vladimir Putin said on Thursday.
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