News & Press Releases
News & Press Releases
AI-Powered Supply Chain Management In Oil And Gas Sector
By the year 2028, the utilization of artificial intelligence (AI) in the oil and gas industry is projected to reach a market value of $4.21 billion, with a steady compound annual growth rate (CAGR) of 12.09%. AI's capacity to...
News & Press Releases
Stricter Regulations For Electricity Companies By Ofgem
Electricity companies will no longer employ a contentious strategy that raises bills to the detriment of consumers, as announced by the energy watchdog. Ofgem has introduced rules aimed at curbing companies from making "excessive" profits during the winter season....
News & Press Releases
Europe Energy Research & Innovation Agenda 2025-28
Europe’s energy research and innovation agenda for the period 2025-2028 has been published with an estimated budget of almost €1 billion (US$1.1 billion) by ETIP SNET.
The implementation plan outlined comprises a total of 19 'priority project concepts' (PPCs) slated...
News & Press Releases
Strain On The UK Grids Imperils Carbon Reduction Targets
In the pursuit of a greener future, individuals and businesses across the United Kingdom are striving to reduce their carbon footprint. One avenue towards achieving this goal is the electrification of various industries and the shift towards low-carbon electricity...
Hydroelectric
GE Vernova to upgrade 479MW Grand Rapids hydropower plant in Canada
GE Vernova’s Hydro Power business announced today that it has been selected by Manitoba Hydro to replace the Unit-4 Kaplan runner at the 479 MW Grand Rapids Generating Station located on Saskatchewan River in Manitoba, Canada.
The scope of work...
News & Press Releases
Eos Energy Enterprises unveils $500m programme to boost energy storage capacity
Eos Energy Enterprises, a zinc-based long-duration stationary energy storage systems provider, has unveiled Project AMAZE — American Made Zinc Energy. This $500m expansion plan aims to create 8GWh of clean energy storage production capacity.
Project AMAZE aligns with Eos’ strategy...
News & Press Releases
RWE and Stanwell team up for 1.8GW wind projects in Australia
RWE and Australia’s Stanwell have partnered to develop two onshore wind farms with a combined capacity of 1.8GW in Queensland, Australia.
Stanwell will investigate and assess energy offtakes and potential equity investment in RWE’s 1.1GW Theodore wind farm, which is...
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