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Pumped Storage
Construction Begins on 3.5GWh Gran Canaria Pumped Hydro Plant; Progress on 18GWh More PHES
Construction has started on a 3.5GWh pumped hydro plant in Gran Canaria, Spain, and progress has been made on two other projects totalling 18GWh of storage in m…
Nuclear Reactor
Nuclear Reactor Crucial to World’s Medical Isotope Supply to Stay Closed for Weeks
The nuclear reactor in Petten, which has been shut down for four weeks due to a leak, will not be restarted until March 17 at the earliest.
Electrification
China’s Economic Growth to Cool Power Demand Growth
China’s power demand growth could be dampened by the moderate economic growth in the country, Wood Mackenzie reported.
Wave Energy
U.S. Researchers Gearing up to Test Electromagnetic Wave Energy Device
Supported by the U.S. Department of Energy (DOE) funding, the researchers at Portland State University (PSU) are preparing to test and validate a new type of el…
Hydrogen Project
Australian Duo Make Shortlist for 600MW Green Hydrogen Project in New Zealand
Two of Australia’s most prominent energy players, Fortescue Future Industries and oil giant Woodside Energy, have been included on a shortlist of potential dev…
Electric Car
Two Key Numbers Explain Why Battery Electric Cars Are Charging Ahead of Hydrogen Cars
Japanese car giant Toyota this week got to share some publicity about its Mirai hydrogen fuel cell car, announcing it had signed three year leases for at least …
Wind Power Company
McDermott Lands ‘Largest Ever’ Renewables Contract
McDermott has been handed its “largest ever” contract for renewables work, courtesy of German utilities firm TenneT.
Coal Trade
Indonesia Jan Export Growth Below Expectation After Coal Shipment Ban
Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned shipments in the first week …
Oil Price
Higher Oil & Gas Prices Lift TotalEnergies Profit
French energy major TotalEnergies saw its quarterly profit soar at the end of last year while returning to the black on a year-over-year basis driven by higher …
CCS
Eni Signs up for Carbon Capture Deal
Oil major Eni UK has announced the signing of 19 Memorandums of Understanding (MoUs) with companies interested in having their emissions captured, transported a…
France
France Remains Europe’s Biggest Power Exporter Despite Winter Imports
France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on imports at the beginnin…
Siemens Reports “Solid Performance” for Gas and Power
Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.
LNG
MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.
Power Construction
Cuba Mends Power Plant, Grid Stability Improves
Cuba has started work to bring its biggest power plant up to full capacity, but the project is hobbled by the government's inability to readily obtain spare par…
Crude Oil
China’s November Base Oil Imports Rise
China's base oil imports rose in November, supported by increased demand for replenishment cargoes at lower prices.
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