Zelenskiy: Ukraine and Greece agree on gas imports
The President Volodymyr Zelenskiy announced on Sunday that Ukraine would receive gas imports to cover its winter requirements from Greece. He also pledged to secure almost 2…
Maguire: Clean energy push in Australia reaches pivotal milestone for energy transition
Last month, Australian utilities produced more electricity using clean energy sources than fossil fuels. This was a first for one of the top coal and natural gas exporters in the world.
Rains dampen the demand for power in India, causing the sharpest fall in October's output since COVID.
A government analysis showed that India's power production fell last month at its fastest rate since the pandemic. This was due to a combination of subdued industry and unusually rainy weather…
Zelenskiy: Ukraine has the funds to import 70% of the gas needed for this winter.
The President of Ukraine, Volodymyr Zelenskiy, said that Ukraine has secured funds to purchase 70% of its natural gas needs for this winter. He also stated that the Ukrainian…
The new Japanese Prime Minister's energy policies puts nuclear power at the heart of their policy
Sanae Takaichi, the new Japanese prime minister, is expected to press for a rapid revival of nuclear energy to combat inflation, which has been a major source of discontent amongst the public.
Minister of Industry: Japan will act in its national interest regarding Russian energy
When asked on Tuesday about Russian energy imports, Japan's trade minister Yoji Muto responded that the country would act in its own national interest while maintaining close…
McKinsey: Fossil Fuels will dominate the global energy usage beyond 2050
According to a McKinsey study, oil, coal and gas will dominate the global energy mix long after 2050. This is because the demand for electricity continues to grow faster than the transition to renewables.
India's growth in power production slows down in September, as industrial momentum eases
India's electricity production slowed down in September due to a decrease in industrial activity, and a prolonged monsoon that reduced cooling demands. Grid India's daily analysis…
Russell: The Big Three Asian thermal coal producers look healthy while others are pale
Asia dominates global thermal coal markets, but the future looks increasingly divided between the robust domestic markets of the three heavyweights China, India and Indonesia…
Russell: The Big Three Asian thermal coal producers look healthy while others are pale
Asia dominates global thermal coal markets, but the future looks increasingly divided between the robust domestic markets of the three heavyweights China, India and Indonesia…
Thailand sets record for annual drop in power output and LNG imports
Thailand's electricity production is expected to drop by a record amount this year due to a mild winter and a slowed economy, according government data. This will result in…
China import surge increases seaborne thermal coal price: Russell
The price recovery is due to a rebound in China's seaborne thermal coal imports, but this boost will only last a short time as the recent surge in coal-fired power generation has slowed.
China import surge increases seaborne thermal coal price: Russell
The price recovery is due to a rebound in China's seaborne thermal coal imports, but this boost will only last a short time as the recent surge in coal-fired power generation has slowed.
Bangladesh increases its power purchase from India and reduces its fuel oil consumption as the demand for electricity rises
Industry officials and analysts report that Bangladesh is increasing power imports from India as well as the output of fuel oil-fired plants to try and meet its rising electricity demand.
French spot prices rise as renewables supply declines
The price of French prompt electricity rose dramatically on Thursday, following predictions that renewable energy generation would be reduced. Naser Hashemi, LSEG analyst, said…
French spot on wind power growing
In Germany, prices will rise as the wind and solar supplies are expected to fall. French baseload for the day ahead fell by 24.9%, to 62.75 Euros per megawatt-hour (MWh), at 0841 GMT.
IEA forecasts the fastest increase in power demand since more than a decade
The International Energy Agency announced on Wednesday that global electricity demand will increase at the fastest rate in more than a decade. This is due to increased industrial use…
Profits at wind energy company EDPR fall 56% due to lower capital gains
EDP Renovaveis said that its first-half profits fell by 56% because of lower capital gains than the previous year, despite higher sales due to a solid increase in power production.
Malaysia increases coal power production and imports to meet growing demand
Malaysia has increased its coal-fired electricity production and imported the fuel in record numbers, according to a data analysis. The country is taking advantage of the low prices…
Malaysia increases coal power production and imports to meet growing demand
A data analysis showed that Malaysia was boosting its coal-fired electricity output and importing fuel at record-high levels. It is taking advantage of the low prices, even…