Policy & Regulatory
South Korea targets lower reliance on Middle Eastern oil and gas by 2035
South Korea plans to cut its reliance on Middle Eastern crude oil to 50% by 2035, as the country seeks to diversify its energy supplies foll...
Policy & Regulatory
Nine US states challenge offshore wind lease cancellation agreements
A coalition of nine US states (California, Connecticut, Delaware, Maine, Massachusetts, New Jersey, New York, Rhode Island, and Vermont) hav...
Companies
Energy Vault acquires 2.3 GW BESS development portfolio in the US
Swiss energy storage company Energy Vault has acquired a portfolio of more than 2.3 GW of BESS projects under development in the United Stat...
Infrastructure & Investments
BKW and Trianel break ground on a 900 MW/1.8 GWh BESS in Germany
A consortium comprising T-BESS 1 (a subsidiary of the German energy group Trianel), the Swiss energy group BKW and Luxcara has started const...
Forecasts
Russia targets 49% increase in coal production by 2050
Russia’s coal production is expected to rise by 49% by 2050, from 443 Mt in 2024 to 662 Mt in 2050, under the target scenario outlined in th...
Policy & Regulatory
Texas (US) freezes data centre permits amid grid and resource concerns
The Governor of Texas (United States) has instructed the state’s environmental regulator Texas Commission on Environmental Quality (TCEQ) to...
Infrastructure & Investments
Ørsted inaugurates 913 MW offshore wind park in the German North Sea
Ørsted and Nuveen Infrastructure have officially inaugurated the 913 MW Borkum Riffgrund 3 offshore wind park in the German North Sea (Ørste...
Infrastructure & Investments
Bangladesh secures USD200m ADB loan for power distribution upgrade
The Asian Development Bank (ADB) has approved a USD200m loan to support the modernisation and reinforcement of Bangladesh’s power distributi...
Infrastructure & Investments
Slovakia approves start up of its 471 MW Mochovce 4 nuclear reactor
Slovakia's national power utility Slovenské Elektrárne has announced the energy start-up of the 471 MW Mochovce 4 nuclear reactor in Slovaki...
Infrastructure & Investments
TotalEnergies and AMNI take FID on the 3.6 bcm/year Ima gas project in Nigeria
TotalEnergies and AMNI have taken the final investment decision (FID) for the Ima gas project offshore Nigeria (TotalEnergies press release,...
Infrastructure & Investments
Tunisia plans a 120 MW solar photovoltaic project in Tataouine
The Tunisian governorate of Tataouine has presented a project to develop a 120 MW solar photovoltaic plant in the Remada West area, Tunisia ...
Infrastructure & Investments
Indonesia invites investment in 35 GW of potential hydropower capacity
The Indonesian Minister of Energy and Mineral Resources has called on investors to participate in the development of the Mamberamo River Hyd...