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E.ON and thyssenkrupp link hydrogen production with VPPs

Europe’s largest power producer E.ON and the German steelmaker thyssenkrupp have teamed up to produce hydrogen by linking large-scale electrolysis… The regulation of the hydrogen plants would be done...

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MHPS’ T-Point 2 starts commercial operation at over 64% efficiency

Mitsubishi Hitachi Power Systems’ T-Point 2 gas turbine validation facility has started up in Japan. Powered by a JAC gas… Paul Browning, President and CEO of MHPS Americas pointed out the company’s...

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Penn Power starts grid upgrade to reduce frequency disruptions

Penn Power, a subsidiary of FirstEnergy Corp, has started to modernize its electricity infrastructure in Lawrence County as part of… Works started earlier this month and are expected to be completed by...

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Stay-at-home orders push U.S. residential electricity sales up 6%

Lockdowns and stay-at-home orders have increased U.S. residential electricity use substantially in April through June. The sector would have used… Analysts noted the residential sector is sensitive to...

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Germany passes law to ensure coal exit no later than 2038

The German Parliament has adopted a law that ensures the phase-out of coal power by no later than 2038. Several… The adoption of the law follows two years of intense debate among energy industry, trade...

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Dominion sells pipelines and storage to U.S. investor Warren Buffet

Dominion Energy has struck a $9.7 billion deals to sell its gas transmission and gas storage assets to Berkshire Hathaway… The assets include over 7,700 miles of natural gas transmission lines, with...

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Utilities in Germany slash planned investments in 2020/21

Germany's energy industry is slashing planned investment for 2020 and 2021. Though the Government urges utilities to step up and… “There is a high degree of uncertainty for the projects currently being...

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Golar works with Galileo Tech on small-scale LNG projects in Brazil

Golar Power, part of Hamilton-based Golar LNG, has teamed up with Galileo Technologies to expand its small-scale LNG activities in… The cooperation with Galileo Technologies will allow Golar to develop...

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Rolls-Royce “reviews its options” as takeover rumours mount

Rumours of a Chinese takeover of the British multinational engineering company Rolls-Royce are circulating once again. In a statement, the… “Our current financial position and liquidity remain strong,”...

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FuelTech wins $2.2 million in equipment orders in Europe and the U.S.

Engineering solution provider FuelTech has been awarded several equipment orders worth $2.2 million. In Europe, two order wins stipulate the… Deliveries for the above orders are due completed by...

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US gas exports to Mexico rise with completion of Wahalajara system

Natural gas exports from the United States to Mexico are seen rise by 40% with the completion of the southern-most… Utilization of the Wahalajara system is ramping up quickly which boosts U.S. gas...

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Shanghai Electric renews bid to buy majority stake in K-Electric

Shanghai Electric Power has made a fresh and slightly improved offer to K-Electric to acquire 66.4% of its shareholding. Arif… The intention of the Chinese major is to buy 66.4% of K-Electric’s shares...

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GRI launches public consultation on oil & gas sustainability standards

Global Reporting Initiative (GRI) has launched a 90-day public comment period for its 2020 Oil and Gas Sector Standard as… The GRI Standard identifies reporting across the 22 most critical...

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UK’s £3bn energy stimulus package paves way for 2050 net-zero targets

The UK energy industry has welcomed the £3 billion green energy stimulus package, unveiled by UK Chancellor Rishi Sunak as… PwC head of energy & utilities, Steve Jennings, said the £2bn committed...

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Rolls-Royce Power System’s revenue plunges on low U.S. demand

Rolls-Royce’s power systems arm, hit hard by Covid-19 disruptions, has today posted a double-digit decline in revenue. Long-term outlook for… Lockdowns and the economic slowdown have hit industrial...

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Shanghai Electric/Ansaldo consortium to build CCGT in Bangladesh

Shanghai Electric, in consortium with Ansaldo Energia, has been contracted by North West Power Generation to design and build a… Apart from the turbines, Ansaldo Energia will also supply the related...

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Shell’s REFHYNE project gets boosted by EU’s new hydrogen strategy

Shell says its REFHYNE hydrogen electrolyser project, based on proton exchange membrane (PEM) technology, will be supported by the European… Large-scale deployment of clean hydrogen at a fast pace is...

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New U.S. sanctions won’t stop Nord Stream-2 following Danish permit

Denmark’s decision to allow Gazprom to build Nord Stream-2’s final stretch with Russian pipe-laying vessels means the controversial interconnector will… Completion of Nord Stream-2 will almost double...

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German Energy Agency advised to reduce EEG levy to zero by 2021

German Energy Agency dena has advised the Government to support households by lowering the renewable surcharge they pay with their… The idea, set out in a position paper by dena with the Institute for...

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Gas turbine market to grow by $2.44bn through 2024, Technavio finds

The global gas turbine market will grow by $2.44 billion, or 2%, over the next four years, according to Technavio… Though the pandemic has sharply reduced growth in most industries, some energy...

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