Other - Page 3
Stay up to date with the latest Other updates from the global modern power systems industry
Global energy investment is rising, but too slowly - IEA
Global energy investment is set to increase by 8% in 2022 to reach $2.4 trillion, driven by renewables and energy efficiency, with the anticipated rise mainly in clean energy,...
Renewables share increases globally
The International Energy Agency’s latest Monthly Electricity Statistics report, which includes March 2022 data, shows that total OECD net electricity production reached 899.1 TWh in...
Mercury Renewables’ ‘first-of-a-kind’ green hydrogen plant
A first-of-a-kind green hydrogen generation project located on the border of Counties Mayo and Sligo, in Ireland has been announced by Mercury Renewables. To provide consultancy...
Europe importing record amounts of LNG in 2022
The Energy Information Administration reports that Europe’s (the EU and the UK) liquefied natural gas imports set an all-time historical record high in April 2022, averaging 16.5...
European geothermal sector ‘emerges stronger’ from pandemic
The European Geothermal Energy Council reports in the 11th edition of its annual Geothermal Market Report, just published, that the European geothermal sector has made a strong...
Exergy and GDI in geothermal development
Exergy International and Geothermal Development & Investment Inc. (GDI), a subsidiary of GPSS Group, have signed a partnership agreement for the exclusive distribution of...
EU leaders reach compromise deal on Russian oil ban
EU leaders came to an agreement on 30 May to ban most imports of Russian oil, the harshest economic penalty yet imposed for Russia’s invasion of Ukraine and potentially Europe’s...
Siemens to build huge shore-side power connection
Seehafen Kiel GmbH, the port of Kiel, Germany, has commissioned Siemens AG to construct two additional ‘Siharbor’ shore side power plants at Kiel’s Ostuferhafen. The construction...
UK trial of ‘renewables only’ network restart
SP Energy Networks has led a successful trial to re-energise its electricity network by using what it says is pioneering technology to tap into renewable energy from wind turbines...
Wärtsilä in green H2 blending trials
Wärtsilä is to collaborate with the Portuguese independent power producer Capwatt in the testing of a green hydrogen and natural gas blend fuel for Capwatt power plant located in...
Russian oil supply could fall by 3 million barrels a day
Russia’s isolation following its invasion of Ukraine is deepening as the European Union and G7 nations contemplate tougher sanctions that include a full phase-out of oil imports...
EU stumbles over plans to ban Russian oil
Discussions among the EU-27 states starting on 4 May had by 9 May still failed to reach a consensus on banning Russian oil. Although the G7 group of leading economies has undertaken...
Hydrogen fuel network trial gets underway
Building a UK-wide delivery network for hydrogen has taken a step forward with the start of an SGN trial at Grangemouth, UK, in partnership with INEOS.
Gazprom refuses payments in Euros from German firm
Russia’s Gazprom bank has for the first time refused to accept a payment in euros from a German gas trader. Trading company and former Gazprom subsidiary Gazprom Marketing &...
Russia halts gas shipments to Poland and Bulgaria
Russia has responded to the West’s escalating arms shipments and economic penalties by halting national gas supplies to Poland and Bulgaria as well as threatening further...
First demo of advanced H2 firing PP using GE HA turbine
GE and Long Ridge Energy Terminal, a subsidiary of Fortress Transportation and Infrastructure Investors LLC has announced a successful first step to transition Long Ridge’s power...
Government ‘sharpens toolbox’ for energy supply security
Germany’s federal government has sharpened the tools available to combat the escalating crisis on the energy markets by updating its 1975 Energy Security Act. The amended law will...
OECD electricity production rises 6.6%
The latest International Energy Agency ‘Monthly Electricity Statistics’ report, which includes January 2022 data, shows that for total OECD membership:
Largest-ever IEA emergency oil stock release
Russia’s invasion of Ukraine and its global repercussions have put major strains on oil markets but recent action by International Energy Agency member states to release...
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