News & Press Releases
News & Press Releases
Energy Efficiency Summit 2026 Day 2 Highlights Energy Transition
As the flagship 25th Energy Efficiency Summit 2026 entered its pivotal second day at the Hyderabad International Convention Centre (HICC), industrial dialogue shifted decisively from overarching national commitments to operational engineering execution, scalable clean technologies, and lab-to-market commercialization.
Organized...
Asia
Accelerating Industrial Decarbonization: Key Outcomes and Sectoral Deliberations from Day 1 of the 25th Energy Efficiency Summit
The 25th edition of the Energy Efficiency Summit commenced on 16th September 2026 at the Hyderabad International Convention Centre (HICC), bringing together industry leaders, technology providers, energy experts, and financial stakeholders to discuss developments in energy efficiency and industrial...
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 Middle East conflict push consumption higher. According to the IEAโs Coal Mid-Year Update 2026, sharp...
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 artificial intelligence infrastructure and the broader electrification of homes, businesses, and transportation, according to the...
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 โ an expanded onshore production facility for high-power generation engines and a dedicated small modular reactor (SMR) manufacturing plant.
A...
Europe
EU Commission Approves Germanyโs โฌ35 Billion Electricity Capacity Mechanism
The European Commission has officially approved a German electricity capacity mechanism valued at up to โฌ35.2 billion, a scheme designed to safeguard the national power supply during the countryโs transition to a decarbonized energy system. This approval follows the...
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 power plant's capacity and providing critical financial certainty for the plant's life extension and power...
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