Japan's greenhouse gases emissions drop 4% to a record low in FY23/24
Government data released on Friday showed that Japan's greenhouse gases emissions dropped by 4%, reaching a new record low for the fiscal year ending March 2024. This was due to lower energy consumption…
Chilean regulator approves Codelco and SQM joint venture
Codelco announced in a Thursday statement that Chile's competition regulator had approved the deal between Codelco and SQM, the state-run copper company, to create a joint venture…
South Korea and Vietnam boost their economic ties despite looming US trade tariffs
South Korea and Vietnam have agreed to expand their economic cooperation following a ministerial meet on Monday. This comes at a time of great urgency for both countries to reduce the impact of possible U.S.
Albanese, an Australian company, has pledged A$2.3 billion in order to assist homeowners with solar batteries
The Australian Prime Minister Anthony Albanese pledged A$2.3billion ($1.39billion) on Sunday to help homeowners purchase batteries to store solar energy and reduce their energy costs.
The head of Trump's Energy Loan Office departs this week
The U.S. Department of Energy announced on Tuesday that the head of the U.S. Government's Energy Loans Office, which has provided funding to projects ranging from nuclear power…
Due to Germany's increased solar output and weak demand, the price is slightly lower.
The European spot price for electricity was slightly lower on Friday as the main market Germany experienced higher solar intensity, a weaker demand and decreased gas-burning supply.
CERAWEEK - Small nuclear power struggles on the cusp of US electric demand boom
Small modular nuclear reactors are touted by everyone from the U.S. Energy Secretary to Big Tech as the answer to the booming demand for power. However, the technology has struggled…
South Korea plans to build two large nuclear reactors and increase the use of renewable energy in its energy mix
The South Korean industry ministry announced that the country finalised a new plan for its energy mix on Friday. It envisages building two large nuclear power plants as well as one small reactor, by the year 2038.
Japan has a plan to make green steel work.
The energy transition is a major challenge, and one of them is decarbonising steel production. This is especially true when consumers around the world are unwilling to pay more money for greener steel products.
Japan has a plan to make green steel work.
The energy transition is a major challenge, and one of them is decarbonising steel production. This is especially true when consumers around the world are unwilling to pay a premium for greener steel products.
Japan adopts new policies on energy, climate and industry through 2040
The Japanese government approved new targets on Tuesday to reduce the country's emissions of greenhouse gases through 2040. It also approved a revised energy policy and updated…
Zelenskiy says 'Let's do a deal', offering Trump mineral partnership, seeking security
In an interview on Friday with, Ukrainian President Volodymyr Zelenskiy pored over a map once classified of vast deposits of rare Earths and other vital minerals. This was part…
Leading think tank: Wind is best for Sweden to achieve its climate goals.
A leading think-tank said that the cheapest way to help Sweden meet its projected rise in electricity demand and achieve net zero emissions by the year 2045 would be to build…
Spot prices dip on more solar power, lower demand
European prompt electricity prices fell on Thursday, as a combination of a growing solar supply and lowered demand was expected to offset a decline in wind supply. As of 1018 GMT…
Trump's Energy Department pick calls for increased LNG and nuclear energy
Chris Wright, the nominee of Donald Trump to lead the U.S. Energy Department told U.S. Senators during his confirmation hearing that his top priority was expanding domestic energy production…
Trump's Energy Department pick calls for more LNG and Nuclear Power
Chris Wright, the nominee of Donald Trump to lead the U.S. Energy Department will tell U.S. Senators during his confirmation hearing Wednesday that his top priority is increasing domestic energy production…
Russia offers crude oil and LNG to Vietnam
The two countries announced on Wednesday that Russia was willing to assist Vietnam in developing its nuclear energy sector, and supply it with crude oil as well as LNG. Vietnam…
Trade group: Wind power surpasses nuclear for the first time in Sweden
The Swedish Wind Energy Association said that the wind power output in Sweden reached a record in 2024. Wind power surpassed nuclear energy for the first time ever during the third quarter.
Chevron CEO: Chevron targets a growth of $6-8 billion in free cash flows next year.
Michael Wirth, CEO of Chevron, said on Wednesday that the company is in a position to increase its cash flow from free to $8 billion and to reduce expenses "by a couple of billion dollars". The U.S.
German spot increases as French spot drops
Early on Wednesday, European power prices were mixed. France was down due to lower consumption and increased supply while Germany rose amid positive factors. As of 8:40 GMT…
