News & Press Releases
IEA Forecasts Rise in Global Coal Demand Amid Energy Market Disruptions
Global coal demand is forecast to rise by 1.2% in 2026, reaching a record 8.94 billion tonnes, as energy market disruptions caused by the...
America
U.S. Power Consumption to Hit Record Highs in 2026 and 2027, EIA Forecasts
The United States is on course to set consecutive records in electricity consumption through 2026 and 2027, driven largely by the rapid expansion of...
Asia
HD Hyundai Commits Over $800M to Power Engine and SMR Manufacturing Facilities
South Korean shipbuilding major HD Hyundai has announced investments totalling more than US$800 million directed at two distinct manufacturing initiatives — an expanded onshore...
Europe
EU Commission Approves Germany’s €35 Billion Electricity Capacity Mechanism
The European Commission has officially approved a German electricity capacity mechanism valued at up to €35.2 billion, a scheme designed to safeguard the national...
Companies
Google and Fortum Sign Nuclear Power Deal for Finland’s Loviisa Plant
Tech giant Google has signed a long-term Power Purchase Agreement (PPA) with Finnish energy company Fortum, securing up to 50% of the Loviisa nuclear...
Hydroelectric
Hydropower Governor Systems Improving Turbine Load Regulation
The precise regulation of turbine speed and load is fundamental to the operation of any hydropower facility, especially within the context of a modern,...
Hydroelectric
Variable-Speed Turbines Improving Hydropower Generation Flexibility
The transition toward a highly flexible and renewables integrated power system has placed significant demands on traditional hydropower assets, many of which were designed...
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