International

Following a difficult period for the renewable energy industry, firms must begin prioritising foreign exchange (FX) risk management against the rising threat of currency movements. It has been a tough year for the renewable energy industry. The post-COVID inflationary pressures that have gripped the global economy over the last two years are weighing heavily on […]

Negotiators from nearly every country in the world closed COP28 with a decision that—for the first time—formally recognizes the necessity of moving away from fossil fuels to achieve Paris Agreement targets. The decision, adopted on the last day of the two-week 28th Conference of the Parties (COP 28) to the UN Framework Convention on Climate […]

GE Vernova said the company’s turbines will play a major role in supporting renewable energy in Spain through a collaboration with Forestalia, one of that country’s leading clean energy developers. The companies on Dec. 14 said they had a framework agreement in which GE Vernova will install as much as 693 MW of onshore wind […]

South African officials, faced with continued power outages that are hurting the country’s economy, are turning to nuclear power in an effort to support a more reliable supply of electricity. The country has experienced intermittent blackouts, part of a process known as load shedding, since 2008. The outages, imposed by state-owned utility Eskom, have escalated […]

The World Nuclear Exhibition was held in Paris, France, from Nov. 28-30, 2023. Sitting here in France at the World Nuclear Exhibition among 20,000 nuclear stakeholders, it seems a new day for nuclear has arrived. The prospects of carbon-free 24/7 baseload power, a massive workforce and lucrative supply chain means billions of dollars and gigawatts […]

China National Nuclear Corp. (CNNC) announced on Dec. 6 that China’s independently developed high-temperature gas-cooled modular pebble bed (HTR-PM) reactor demonstrator had commenced commercial operation. The HTR-PM project was constructed at a site in Rongcheng, Shandong Province (Figure 1), roughly midway between Beijing and Shanghai in eastern China. Touted as “the world’s first commercially operational […]

U.S. climate envoy John Kerry said the U.S. is ready to work with other governments on research and development of nuclear fusion, as part of efforts to produce more carbon-free energy and combat climate change. Kerry made the announcement Dec. 5 at the COP28 climate conference in Dubai, United Arab Emirates. Fusion has long been […]

The U.S. and 21 other countries have said they want to triple the global generation capacity of nuclear power by mid-century. The pledge, announced Dec. 2 at the United Nations’ COP28 climate summit in Dubai in the United Arab Emirates (UAE), comes as more of the world’s governments say increased use of nuclear power is […]

This year, many of us watched with audible gasps as high temperatures shattered records and extreme weather destroyed homes and displaced people across the globe. These uncontrolled events have undoubtedly strained our old, antiquated electric grids, causing outages and downtime. The Biden administration has stepped up with $167 Million in energy grid resilience funding to assist in modernizing these […]

Despite a dismal outlook for coal, countries with substantial coal fleets are intensifying efforts to develop new technologies and operational capabilities to improve coal power’s environmental impact

Indonesian officials said they would increase their use of renewable energy and move away from coal-fired power generation in order to receive funding from an international public and private decarbonization

The World Bank on Oct. 25 granted South Africa a $1 billion developmental policy loan (DPL) as a significant measure to help the country address its debilitating energy crisis, and encourage it to transition

Solar photovoltaic (PV) installations designed to support agriculture across the European Union (EU) received a boost in late October. BayWa r.e., a major Germany-based renewable energy developer, announced it

University and college campuses are places where young minds are shaped, and groundbreaking research is conducted. Cities are often the places where recent graduates gather to put those ideas learned in the

A New Zealand utility is piloting two software solutions to gauge their efficacy at handling grid constraints. Raglan is a beachside community of just under 4,000 people, about a two-hour drive from Auckland

We’ve come a long way since the first waterwheel in 200 BC. Renewable energy sources now make up about 30% of the world’s generated power and are set to more than double as governments and utilities aim to meet their net-zero emission targets by 2050. That’s a tall order, especially for utilities with an aging […]

Spanning several regions of Cameroon where 55% of the population live in poverty, grid connectivity is limited and the power supply is unreliable. However, a new project, which will extend the country’s electricity network, may help. The project involves building two 225-kV single-circuit transmission lines and supporting substations. Upon completion, the new infrastructure will enhance […]

A Cambodian energy official said the country no longer plans to build a coal-fired power plant along the nation’s southwest coast, and will instead move forward with a natural gas-fired facility. Energy Minister Keo Rottanak told the Reuters news service an official announcement is expected Nov. 30. Rottanak said the proposed 700-ME coal-fired plant, which […]

Speaking at the 5th annual India Coal Conference in New Delhi, FutureCoal CEO Michelle Manook said, “Government and finance policies, which embrace a ‘cancel coal’ mantra, are short-sighted and undermine the very ambitions we seek to achieve as a global community.” Formerly known as the World Coal Association, FutureCoal: The Global Alliance for Sustainable Coal […]

The U.S. will help develop a nuclear power industry in the Philippines after both countries signed an agreement Nov. 17 during the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California. U.S. Secretary of State Antony Blinken, speaking Friday during the meeting, said, “The United States will be able to share equipment and material with […]

Vestas will supply 33 of the company’s wind turbines for a major floating offshore wind project in South Korea. The Ulsan Gray Whale 3 installation, which was announced in March of this year with few details, is part of a 1.5-GW floating wind development being built in three phases in an area about 37 miles […]

A government agency in China announced that operators of coal-fired power plants will receive guaranteed payments based on the installed capacity of their units, part of a program to ensure a stable power supply across the country. The National Development and Reform Commission (NDRC), in a notice published Nov. 10, said the program will commence […]

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corp. (NuScale) have mutually agreed to terminate the Carbon Free Power Project (CFPP), a small modular reactor (SMR) project that was planned for construction on Idaho National Laboratory (INL) property near Idaho Falls, Idaho. “Despite significant efforts by both parties to advance the CFPP, it appears […]

An official with South Africa’s government said the country will accelerate its development of natural gas-fired power generation as energy shortages continue to be a challenge for the nation’s economy. Kgosientshjo Ramakgopa, the country’s electricity minister, on Nov. 5 detailed plans for at least 3 GW of new gas-fired capacity. South Africa has endured rolling […]

Westinghouse Electric Company and Bechtel have together proposed a deal to supply the Czech Republic with as many as four AP1000 nuclear reactors. The proposal aims to construct one or two units at the Dukovany nuclear site and two additional units at the Temelin site. The Dukovany site currently has four Russian-designed VVER-440 nuclear units, […]

As a first-of-a-kind project, Olkiluoto Unit 3 took more time to build than was originally expected, but the end result has proven worth the wait. Calling it the “largest single climate action” in

Government officials have reversed the country’s planned phase-out of nuclear power and are now making commitments to deploy domestic reactor technology across the country and abroad. South Korean officials

Rooted in the birth of the UK’s energy industry, National Grid’s operations have traversed critical periods of the energy industry’s tumultuous history. While it is today one of the world’s largest

When it comes to energy storage, most people are quite familiar with lithium-ion (Li-ion) batteries. They are, of course, commonly used to power cell phones, electric vehicles (EVs), power tools, and many

Government officials in the UK have shown further support for a plan to bring renewable energy from a massive project in Morocco to Britain, one of at least three projects worldwide in which miles-long subsea