Infrastructure & Investments
South Korea approves construction of 2 new nuclear power plants (2.8 GW)
The Nuclear Safety and Security Commission (NSSC) has granted Korea Hydro & Nuclear Power (KHNP) a construction permit for two new 1.4 G...
Energy & Climate Markets
Petroineos will close its 150 kb/d Grangemouth refinery in 2025 (UK)
Petroineos, a joint-venture between PetroChina and Ineos, has announced its intention to cease refinery operations at the Grangemouth refin...
Companies
Contact Energy (New Zealand) acquires power producer for US$1.2bn
Contact Energy, a New Zealand power generator and retailer, has agreed to take over the renewable power generation company Manawa Energy in ...
Energy & Climate Markets
Iraq launches construction of 3 CCGT power plants (612 MW)
The Iraqi government has launched the construction of three combined-cycle (CCGT) generation projects to enhance the country's installed cap...
Policy & Regulatory
Germany starts consultations on tenders for hydrogen-ready gas-fired power plants
The German Ministry for Economic Affairs and Climate Action (BMWK) has published consultation documents outlining plans to implement a Power...
Forecasts
France’s gas consumption forecast to decline by 3%/year over 2023-2030
France's gas consumption is expected to decrease from 399 TWh in 2023 to 321 TWh in 2030 (-20% over 2023-2030 or -3%/year), driven down by c...
Infrastructure & Investments
Colombia secures US$113m investment for a 201 MW solar project
The multilateral development bank IDB Invest, the Colombian private bank Bancolombia, and the renewable energy company Atlas Renewable Energ...
Infrastructure & Investments
Vattenfall inaugurates two offshore wind projects in Denmark (344 MW)
Vattenfall has inaugurated two offshore wind projects with a combined capacity of 344 MW off the west coast of Denmark. The 176 MW Vesterhav...
Infrastructure & Investments
GCL starts building a 2.4 GW pumped-storage hydropower project in Zhejiang (China)
The Chinese company GCL Energy Technology has announced the start of construction on a 2.4 GW pumped-storage hydropower plant located in Chi...
Energy & Climate Markets
China's Envision will invest US$1bn to develop a 5 GW electrolyser plant in Spain
The Chinese company Envision Energy has reached an agreement with the Spanish government and European industry and financial leaders to deve...
Infrastructure & Investments
EVN gets approval for the 1.5 GW Quang Trach II LNG power plant in Vietnam
Vietnam's power utility Electricité du Vietnam (EVN) has received approval from the government to develop the Quang Trach II LNG-fired power...
Infrastructure & Investments
Australia greenlights a 1.2 GW solar + BESS project in New South Wales
The Australian Ministry of Environment and Water has granted planning approval for the development of a 600 MW solar project with a battery ...