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Oil Price
Oil Down as Opec+ Prepares to Lower Output Quotas
Oil edged lower ahead of an OPEC+ meeting this week at which the group may announce plans to start tapering historic production cuts even as the coronavirus sur…
China Energy
China Mulls Hiking Nuclear Capacity to 40% by 2025
The country’s installed nuclear capacity grew 9% in 2019.
Thermal Plant
South Korea's KEPCO Backs Indonesian Coal Project
South Korea’s state-owned utility Korea Electric Power has announced that will move ahead with investments in the construction of two coal-fired power plants o…
Market Analysis
Global Corporate Funding for Solar Energy Declines by 25%
Investments in solar energy projects by corporates reached $4,5 billion during the first half of 2020.
Nuclear Technology
UK to Develop Next Generation of Nuclear Energy Technology
The UK Government has announced £40m in funding to develop the next generation of nuclear energy technology and unlock several green jobs.
China Energy
The Third Unit of Wudongde Hydropower Station was Put Into Operation
On July 11, Unit 8 of the Wudongde Hydropower Station on the Jinsha River in China, after completing nearly 40 scheduled tests and 72 hours of trial operation.
LNG
GasNet Opens First Mobile LNG Station in Czech Republic
GasNet, a Czech natural gas distributor, has put into operation the first public mobile self-serve unit for liquefied natural gas on the Czech market.
LNG
Russia’s Blue Stream Gas Pipeline to Turkey Idle Since May
The Blue Stream pipeline delivering Russian gas to Turkey, due to be re-launched after maintenance in May, remains idle.
Coal Trade
Indian Thermal Ccoal Imports at Major Ports Decline 35% to 17.71 MT in April-June: IPA
Thermal coal imports at India's 12 major ports dropped 34.70 % to 17.71 million tonnes (MT) in the first quarter of the current fiscal.
Combined Heat and Power
Novi Sad's Public Heating Utility Unveils Another Cogeneration Facility
Novi Sad’s district heating operator has put in operation cogeneration facility Jug.
Crude Oil
OPEC and Russia May Ease Oil Production Cuts
Saudi Arabia, the world’s largest oil exporter, and other major oil-producing countries are likely to increase their output in August.
Electricity Transmission
UK Transmission Companies Criticise $32bn Ofgem Transition Fund
UK energy network regulator Ofgem has announced $32bn (£25bn) of funding to help the country’s energy distributors toward net-zero networks.
Solar Power Plant
Ørsted Announces Acquisition of 227MW AC Solar Farm in Alabama, US
Danish company Ørsted is set to the acquire the 227MW AC Muscle Shoals solar project, under construction in the US.
Nuclear Power Plant
Candu Unit Sets North American Operating Record
Darlington unit 1 has set a new Canadian and North American nuclear record with 895 consecutive days of unbroken operation.
Nuclear Power Plant
Rusatom Service, MVM Group create European Power Services JV
Rusatom Service and MVM Group have formed a joint venture in Hungary to provide service and maintenance to nuclear industry facilities, conventional sources of …
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