News & Press Releases
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,...
News & Press Releases
Top CEOs Hunt For Solutions To The Worlds Energy Crisis
Governments and corporations throughout the world are seeking to address and resolve huge crises, many of which are interconnected on several fronts, from the COVID-19 outbreak and supply chain disruptions to increasing prices and Russia's assault on Ukraine. The...
News & Press Releases
India Coal Imports for their Power Industry Decreases by 40%
India's coal imports dropped to 209 million tonnes in 2021-22, down from 248 million tonnes in 2019-20. The country has a well-balanced energy portfolio, and coal plays an essential role in meeting the country's energy needs. The industry is dedicated not...
News & Press Releases
UK may witness 42% rise in energy price cap in October
CEO of Ofgem, UK energy regulator told lawmakers that it's energy price cap will rise by approximately 42% in October. At an approximately £1,971 per month current price cap to around £2,800 in October, by far it is the...
News & Press Releases
Ukraine signs deal with Westinghouse to end Russian nuclear fuel needs
Ukraine nuclear company has signed a deal with the U.S. nuclear power company Westinghouse to supply fuel to all of its atomic power stations in an effort to end the reliance on Russian supplies. Westinghouse will also build new...
News & Press Releases
Power Cuts Due To Energy Dearth Could Affect 6 Mn UK Homes
As a result of regional tensions between Russia and Ukraine, the UK government has apparently been forewarned that roughly six million households could face power outages owing to energy shortages. According to a leading daily, ministers are considering measures...
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