United States

The European Commission (EC) is in the process of implementing its “Union database,” or UDB, to track all renewable gases and liquid fuels. Gases and fuels, whether produced in the European Union (EU) or imported, will need to be registered in the UDB if their use in the EU is to be counted toward satisfying […]

Poland continues to move forward with its plan to deploy nuclear power, choosing U.S.-based Westinghouse Electric Co. to build the country’s first large-scale nuclear power plant. The decision, announced late Oct. 28 by Polish Prime Minister Mateusz Morawiecki, is seen as a move by Poland to strengthen its relationship with the U.S. and continue moving […]

Mexico wants to secure a greater supply of natural gas, including from the U.S., as the country continues to build more gas-fired power plants. The U.S. Energy Information Administration (EIA) said U.S

Siemens Energy announced it will cut 7,800 jobs from its gas and power division by 2025 as the company attempts to be more competitive in a global energy market that is moving away from fossil fuels and toward renewable energy. The company on Feb. 2 in its latest earnings release said it plans to jettison […]

Affiliates of one of South Korea’s largest business conglomerates announced they no longer will provide financial support for coal projects, putting in jeopardy plans to finish a 2,100-MW coal-fired power plant project that has been expected to come online in 2024. The six financial affiliates of the Hanwha Group, during a video conference on Jan. […]

Officials with the ITER project in France said work has started on the assembly of giant components needed for construction of an experimental nuclear fusion reactor, a project designed to demonstrate the scientific and technological feasibility of fusion energy for peaceful use. The ITER group, in a ceremony July 28 that was broadcast online (see […]

China continues to finance new coal plants in more than two dozen countries, even as the country has taken the lead in global renewable energy investment, according to a report from a U.S. group of energy analysts. The Institute for Energy Economics and Financial Analysis (IEEFA) in its report said China is backing more than […]

A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and wind power as they move away from fossil fuel-powered generation. Today’s report, from a survey by BNEF’s annual Climatescope project, says “emerging market nations … […]

A study from a London-based group focused on financial aspects of the energy industry said up to $60 billion of coal-fired power generation assets may be stranded in Southeast Asia in the next 10 years. The study released this week by Carbon Tracker said renewable energy resources and more-stringent environmental policies make investments in new […]

General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]