News & Press Releases
News & Press Releases
Next Year, Oil Output Is Expected To Fall Behind Demand
Following 3 years of COVID-19 lockdowns and the economic catastrophe of the Ukraine crisis, global oil demand will surge above pre-pandemic levels next year, according to the International Energy Agency. China will drive much of the demand growth next...
News & Press Releases
Business Association Wants EU To Bolster Energy Security
More than a hundred business leaders have urged Europe to improve its energy security by speeding up the green transformation. This comes after a letter from a group of 140 businesses to Ursula von der Leyen, European Commission President, ahead of...
News & Press Releases
Toyota- Japan Joins Energy Storage Arena With Home Battery
Toyota launched a 5.5 kWh household battery storage system using its electric vehicle battery expertise on June 2. When coupled to a photovoltaic rooftop system, the compact system can operate a home day and night, Toyota says. Bidirectional EVs...
News & Press Releases
Australia Halts Its Power Market To Avoid Blackout Scenario
In the wake of a slew of coal-fired plant outages, Australia's energy market administrator took the unprecedented step of suspending the power spot market across eastern Australia on 15th June 22.
Despite the extraordinary step, the market operator warned that...
Hydroelectric
TFP Hydrogen Launch High Performance Catalysts for Hydrogen Generation at Hydrogen Technology Expo North America
TFP Hydrogen will be launching a new range of high performance, high efficiency and cost effective catalysts for use in Proton Exchange Membrane (PEM) water electrolysers at the Hydrogen Tech Expo in Houston from 14-15 June. These materials, along...
News & Press Releases
Funding for Fuel Relief from the Central American Development Bank totals $800 million
On June 3, a Central American development bank announced that it had authorised an $800 million credit to protect local countries against global fuel price increases, which were triggered in part by Russia's invasion of Ukraine. As a result...
News & Press Releases
Higher Wait Time and Cost for the Britain’s New Nuclear Plant
EDF revealed that the completion date of Hinkley Point C nuclear power plant under construction in Somerset, England has been further pushed back to June 2027. Earlier in January 2021 as well the company announced a delay in work,...
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