News & Press Releases
News & Press Releases
First Time Ever, Nuclear Reactor Shutdown In Belgium Happens
In accordance with Belgian law requiring the phase-out of nuclear power, the Doel 3 reactor, which has been operating in Belgium for 40 years, has been shut down. The nuclear plant in Doel, a village north of the port city...
News & Press Releases
Renewable Energy Employment Expands 6% To 12.7mn In 2021
According to the International Renewable Energy Agency's (IRENA's) most recent report, the number of people employed globally in renewable energy, including direct and indirect jobs, increased from 12 million in 2020 to 12.7 million in 2021.
The solar photovoltaic (PV)...
News & Press Releases
Oil Consumption Rises As Refiners Ramp Up Output In China
In anticipation of greater demand and a potential increase in fourth-quarter gasoline exports, at least three Chinese state-run oil refineries and a privately owned mega refiner are considering raising capacity in October from September by up to 10%, according...
News & Press Releases
Launch of Fossil Fuel Registry To Aid Tracking Stuck Assets
September 19 saw the official debut of the first global registry of oil and gas reserves, production, and emissions, according to Carbon Tracker and Global Energy Monitor, which includes information on more than 50,000 fields.
In order to help investors better...
News & Press Releases
With ASEAN, South Korea Will Expand Its Energy Partnership
According to Lee Won-ju, Director-General of Energy Policy at the Ministry of Trade, Industry, and Energy (MOTIE), South Korea intends to maintain its cooperation with ASEAN nations, which will be essential in guaranteeing energy security and expanding sustainable energy.
At...
News & Press Releases
EC Windfall Tax To Hurt German Bioenergy, Local Group Says
A German bioenergy organisation claims that the European Commission's (EC) proposal to impose a revenue price cap on lower-cost electricity providers will generate major investment anxiety among operators and result in a steep fall in the amount of power...
News & Press Releases
Is Energy Strategy In Europe On The Right Track Or Not?
Another historic week has passed for the European energy markets, with policymakers taking the lead in defending consumers and companies from skyrocketing energy costs.
Although there have been murmurs in certain places that the energy transition has been managed poorly...
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