Latest Energy News 22 January 2019 TOP STORY: Nord Stream gas pipeline shipped record volumes of 59 bcm in 2018 A record gas volume of 58.8 bcm were conveyed from Russia to the European Union (EU) market through the Nord Stream gas pipeline in 2018. From the start of…
Latest Energy News 21 January 2019 TOP STORY: Power utilities TEPCO and Ørsted join forces in offshore wind in Japan Danish power company Ørsted (former DONG Energy) and Japanese power group Tokyo Electric Power Company (TEPCO) have signed a memorandum of understanding (MoU) to work jointly on offshore wind…
Latest Energy News 18 January 2019 TOP STORY: Hitachi suspends Wylfa Newydd nuclear plant project in the UK Japanese conglomerate Hitachi has decided to scrap the £16bn (€18bn) Wylfa Newydd nuclear power plant project in Anglesey, in North Wales (United Kingdom) due to economic reasons. The company has not…
Latest Energy News 17 January 2019 TOP STORY: New York state (US) pledges to develop 9 GW of offshore wind by 2035 The governor of New York (United States) has announced a new offshore wind capacity target of 9,000 MW for 2035, which is a nearly fourfold increase compared…
Latest Energy News 16 January 2019 TOP STORY: Saudi Arabia forecasts 60 GW of renewable capacity by 2030 The Saudi Arabian King Abdullah Atomic and Renewable Energy City (KACARE) has stated that Saudi Arabia will reach 60 GW of renewable capacity by 2030, including 40 GW of solar capacity and…
Latest Energy News 15 January 2019 TOP STORY: Shell and PGGM will jointly bid for Dutch power and gas supplier Eneco Shell will team up with the Dutch pension fund manager PGGM to submit a bid offer for the acquisition of the Dutch electricity and gas provider Eneco, which entered…
Latest Energy News 14 January 2019 TOP STORY: Chinese NDRC mulls over subsidy-free policies for wind and solar projects The Chinese National Development and Reform Commission (NDRC) has unveiled new solar and wind policies for the development of future subsidy-free projects. A series of subsidy-free wind and solar projects will…
Latest Energy News 11 January 2019 TOP STORY: Oil giant Saudi Aramco delays IPO plans until 2021 (Saudi Arabia) State-run oil and gas company Saudi Aramco has postponed its planned stock market flotation (initial public offering or IPO) until 2021. The sale of a 5% stake in the company was…
Latest Energy News 10 January 2019 TOP STORY: US 2018 wholesale electricity prices were higher than in 2017 According to the United States Energy Information Administration (EIA), domestic wholesale electricity prices were much higher in 2018 than in 2017, with increases ranging from 14% in the Midwest Independent System Operator…
Latest Energy News 09 January 2019 TOP STORY: China Three Gorges buys 10% of Moray East offshore wind project (UK) EDP Renewables (EDPR), the renewable subsidiary of the Portuguese energy utility EDP, has completed the sale of a 10% stake in the 950 MW Moray East offshore wind project to…
Latest Energy News 08 January 2019 TOP STORY: Turkey’s wind power capacity forecast to reach 8 GW in 2019 According to data released by the Turkish Wind Energy Association (TÜREB), the country’s total installed wind energy capacity rose from over 6,800 MW in 2017 to around 7,400 MW at the…
Latest Energy News 07 January 2019 TOP STORY: Chinese LNG terminals received record amounts of LNG in 2018 Petrochina, a subsidiary of Chinese state-run oil and gas company CNPC, has received a record amount of LNG at its three major LNG import terminals – namely Tangshan, Dalian and Rudong –…
Latest Energy News 03 January 2019 TOP STORY: Germany closed its last black coal mine Germany decommissioned the Bottrop mine, its last bituminous coal mine at the end of December 2018. The closure happened eleven years after government’s decision of 2007 to phase out the aid and shutter the last…
Latest Energy News 02 January 2019 TOP STORY: BP announces FID on Greater Tortue LNG project (Senegal-Mauritania) Oil and gas company BP and its partner Kosmos Energy have taken a final investment decision (FID) on the first phase of the Greater Tortue-Ahmeyim offshore gas project, which straddles the maritime boundaries…
Latest Energy News 21 December 2018 TOP STORY: Ireland discloses draft version of energy and climate plan for 2021-2030 The Irish Department of Communications, Climate Action and Environment (DCCAE) has unveiled the country’s first Draft National Energy & Climate Plan (NECP) 2021-2030, which should be filed to the European…
Latest Energy News 19 December 2018 TOP STORY: South Carolina regulator approves SCANA-Dominion Energy merger (US) The Public Service Commission of South Carolina (SCPSC) has cleared the takeover of SCANA by the US energy utility Dominion Energy, with conditions to be outlined later as part of a written order…
Latest Energy News 18 December 2018s Companies SSE Retail abandons merger plans with Npower (Innogy) in the UK British energy supplier SSE Retail has scrapped its merger plans with Npower (a subsidiary of Innogy), considering that the proposed transaction was not in the best interests of its shareholders or…
Latest Energy News 17 December 2018s TOP STORY: EDF’s Taishan-1 nuclear reactor enters commercial operation (China) The 1,660 MWe Taishan-1 EPR nuclear reactor in Guangdong (China) has entered commercial operation after achieving all prerequisite conditions for the reactor’s safe operation, including in particular the final statutory functional test of…
Latest Energy News 14 December 2018 TOP STORY: ADB lends US$284m to upgrade Pakistan’s power transmission grid The Asian Development Bank (ADB) and the government of Pakistan have signed loan and grant agreements worth US$284m to upgrade the country’s power transmission grid. This is the third stage…
| TRAINING Latest Energy News 13 December 2018 TOP STORY: New Zealand unveils planned changes to CO2 emissions trading scheme Following recent public consultation, the New Zealand government has outlined a series of reforms to its emissions trading scheme (ETS) that will be introduced to Parliament in 2019 as amendments…
Latest Energy News 12 December 2018 TOP STORY: Cheniere Energy starts exports at Corpus Christi LNG first terminal (US)According to US-based project company Cheniere Energy, the first commissioning cargo of LNG has loaded and departed from its US$15bn Corpus Christi liquefaction and export terminal project in Texas (United States). This…
Latest Energy News 11 December 2018 TOP STORY: EIA expects US LNG export capacity to more than double by end-2019 According to the United States Energy Information Administration (EIA), US liquefied natural gas (LNG) export capacity is slated to reach 8.9 bcf/d (251 mcm/d or 91.7 bcm/year) by the end…
Latest Energy News 10 December 2018 EXECUTIVE BRIEF: Transport Efficiency Improving in Emerging Countries Energy consumption for transport decoupling from GDP growth Transport is usually the fastest growing sector for energy demand in emerging and newly industrialized countries, which are the focus of this analysis1. Thus, as transport’s share in…
Latest Energy News 07 December 2018 TOP STORY: French government scraps 2019 road fuel tax hikes The French government has scrapped the planned road fuels and carbon tax hikes that have led to weeks of protests throughout the country. The government initially had announced a 6-month moratorium on these tax…
Latest Energy News 06 December 2018 TOP STORY: European Council adopts Clean Energy for All Europeans package The European Commission (EC) has welcomed the adoption of several key files (approval of the last half of the eight legislative proposals) of the 2016 Clean Energy for All Europeans package by the…
Latest Energy News 05 December 2018 TOP STORY: ChinaCoal signed 5-year coal supply contract with 7 Chinese utilities State-held China National Coal Group Corporation (ChinaCoal) has signed a 5-year contract to supply 180 Mt of thermal coal to seven power utilities. Starting from 2019, ChinaCoal will provides coal to seven…
Latest Energy News 04 December 2018 TOP STORY: COP24 climate conference starts in Katowice (Poland) The United Nations Framework Convention on Climate Change (UNFCCC) 24th session of the Conference of the Parties (COP 24) has begun in Katowice (Poland) under the presidency of the Polish government. It will be a…
Latest Energy News 03 December 2018 TOP STORY: Qatar announced plans to pull out from OPEC in 2019 Qatar, which has been a member of the Organization of the Petroleum Exporting Countries (OPEC) since 1961, has announced plans to leave the OPEC on 1 January 2019. Qatar’s crude oil production…
Latest Energy News 30 November 2018 TOP STORY: Areva’s OL-3 nuclear project is pushed back by another 4 months (Finland) Finnish power generation company Teollisuuden Voima Oyj (TVO) has provided an updated schedule for the commissioning of the 1,650 MWe Olkiluoto-3 (OL3) nuclear power project in Eurajoki (Finland), which will…
Latest Energy News 29 November 2018 TOP STORY: European Commission unveils zero-carbon objective for 2050 The European Commission has issued a long-term strategy document in which it unfolds why the European Union should reach climate neutrality by 2050 and confirms its commitment to lead in global climate action. The proposed…