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Electricity Trade
Prysmian Confirms Vineyard Export Cable Deal
Italian fabricator will produce 134km of power wires for the US offshore wind project
Energy Investment
Former US Vice President Rescues Octopus Energy from Unstable UK Market
Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.
India
US, India Launch Task Forces on Hydrogen, Biofuels to Decarbonize Energy Sector
The US and India are both committed to promoting a successful outcome at the 26th UN Climate Change Conference in Glasgow later this year
Thermal Plant
EPS piloting mixing biomass with coal in its thermal power plants
State-controlled power utility Elektroprivreda Srbije has launched a pilot project with US company E3 International for the use of biomass from energy crops, pr…
Energy Storage Battery
EnerVenue will Build a Gigawatt-Scale Nickel-Hydrogen Battery Factory in the US
EnerVenue’s batteries use nickel-hydrogen technology that has been tested for decades on the International Space Station and Hubble Space Telescope.
Solar Power Plant
US Solar Market Records First Price Increase in Seven Years
The US solar energy market has recorded its first price increase quarter-over-quarter and year-over-year across every market segment in seven years
Electric Car
Electric Vehicle Sales Surge in 2021
Electric vehicle sales have surged, with growth in all three top auto markets: China, the US, and Europe
Crude Oil
Brent Nears $74 Amid Slow Return of US Oil Output
Brent crude neared $74 per barrel on Monday as it gained 31 cents or 0.42 cents to trade at $73.82 per barrel at the market, while the US West Texas Intermediat…
Nuclear Reactor
Ciech and Synthos Green to Cooperate on Nuclear Energy Use
Polish chemical company Ciech has signed a Letter of Intent to cooperate with Synthos Green Energy to co-operate in the use of small modular reactor and micro m…
Hybrid Power Plant
US Duo Sign 120MW Solar-Plus-Storage PPA
Hoosier Energy and Clenera affiliate Rustic Hills Solar have signed a 20-year power purchase agreement for electricity from a 120MW solar-plus storage project i…
Energy Investment
DOE Building a Bridge to Bankability for Nuclear
The private sector must be prepared to provide the funds needed to take new and innovative reactor technologies from the first deployment stage to wide-scale co…
China
China Launches Pilot Green Power Purchase Scheme
China has launched its first green power purchase scheme to encourage the use of renewable energy by offering market incentives.
Energy Security
Rush to Contain Large Oil Spill in Gulf of Mexico After Storm Ida
Clean-up crews and the US Coast Guard are trying to locate the source of an oil spill spotted in the Gulf of Mexico after deadly Hurricane Ida.
Ukraine
US-Ukrainian Energy Partnership Foresees Five New Reactors
Ukraine and the USA have agreed to "deepen and intensify" their strategic cooperation in energy. Nuclear power leads a suite of agreements with a project to com…
Coal Production
Europe Shows Downward Trend in Coal Production and Usage
In 2020, the consumption of hard coal declined by 35% compared to 2018 whilst the use of brown coal was reduced by 33%.
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