The impact of renewable energy on spot prices
The European spot electricity contract for Friday was cancelled on the assumption that "demand" would continue to decline while "renewable generation" is expected to increase. By 0923 GMT, the German baseload…
Iberdrola's earnings are higher after the network business boosts results for 2025
Iberdrola, Europe's largest utility, expects its business of building and updating?power?networks in Britain and America to boost earnings this year, after it drove a 10% increase in 2025 adjusted Net Profit.
Officials claim that Indonesian President did not consult the energy ministry before revoking China's hydro permit.
Eniya Listeiani Dewi said that the Indonesian energy ministry had not been consulted before the President Prabowo decided to revoke a permit for a 'China-backed'?hydroelectric plant on Sumatra Island. The government…
In Indonesia, environmental laws result in the loss of permits for a gold mine and a power plant owned by China.
The Indonesian government revoked permits for 28 companies, including a China-backed hydropower station and a gold mining unit operated by the conglomerate Astra International. This was in response to accusations…
In Indonesia, environmental laws result in the loss of permits for a gold mine and a power plant owned by China.
The Jakarta government revoked permits for 28 companies on Tuesday. They were accused of environmental violations that worsened the floods in 'last year. Floods and landslides caused by a cyclone on the island Sumatra late in November killed over 1…
Battery boom sparked by China's energy reforms and global data centres
The Chinese energy storage manufacturers are booming as a result of the revamping of China's electric market. According to one estimate, Chinese firms will see a 75% increase in global shipments this year of lithium-ion batteries for energy storage.
Sembcorp, the Singaporean energy giant, has taken over Alinta Energy for $4.3 billion.
Sembcorp Industries announced on Thursday that its unit would?acquire?Alinta Energy at a cost of A$6.5 billion (4.32 billion dollars), making it one of the biggest overseas expansions in the history for the Singaporean firm.
Romanian Brazi Power Plant resumes operation after being shut down by the state
Romanian energy company OMV Petrom is majority owned by Austrian OMV. Its 860 MW, gas-fired Brazi Power Plant has resumed operation after being forced to close due to water restrictions in the Paltinu Dam, which it relies on.
India's green hydro ambitions falter on demand uncertainty
India's green-hydrogen ambitions are slipping due to the slow commissioning of projects, which is largely driven by insufficient infrastructure and unclear demand signals. This was stated by a U.S. energy think tank on Friday.
Canada Names Ksi Lisims LNG Project for Fast-Tracking
Canada said on Thursday it will add the proposed Ksi Lisims LNG facility to its major projects list for fast-tracking, a designation the company behind the project said makes it more likely to proceed.Prime Minister…
Canada fast tracks the Ksi Lisims LNG Project
Canada announced on Thursday that it would add the proposed Ksi Lisims Liquefied Natural Gas (LNG) facility to its list of major projects for faster tracking. The company behind the project claims this designation makes the project more likely to move forward.
ReNew, an Indian company, will invest $9.33 Billion in green energy projects across the southern state
ReNew Energy Global Plc, an Indian company, announced on Thursday that it would invest approximately 820 billion rupees (9.33 billion dollars) in Andhra Pradesh's southern state to expand its clean-energy portfolio.
Official: India's rapid roll-out of renewable energy and the mismatch in demand is driving up electricity costs.
A senior official from the Central Electricity Authority said that India's rapid rollout of renewable energy is straining grid operations, and increasing electricity costs because demand has not kept up with it.
Rio Tinto warns of an uncertain future for Australia's largest aluminum smelter
Rio Tinto warned that Australia's biggest aluminium smelter Tomago may have to close down if it cannot source power at rates commercially viable beyond 2028, when its current electricity deal expires. Tomago Aluminium…
EBRD may lend up to $1,5 billion for Central Asia Hydro Plant
The European Bank for Reconstruction and Development (EBRD) could lend up $1.5 billion for an Central Asian hydropower station, according to its president. He also noted that the demand for renewable energy is…
Philippines to Increase Renewable Power Generation as Demand Surges
Philippines expects higher gas-fired and renewable power generation to fuel a projected 6.6% growth in power demand over the next two years, helping reduce dependence on coal, its energy secretary said on Friday.The…
Philippines boosts gas-powered and renewable capacity to meet surge in demand
The Philippines' energy secretary stated on Friday that it expects increased gas-fired power generation and renewable energy to help fuel a projected 6,6% growth in demand for power over the next two year, reducing dependence on coal.
India announces $77 billion hydroplan as China builds upstream Dam
Central Electricity Authority, India's power planning agency, has developed a transmission plan worth 6.4 trillion rupees (77 billion dollars) to move over 76 gigawatts in hydroelectric capacity out of the Brahmaputra Basin by 2047.
Australia is set to earn more gold than any other resource
Australia announced on Tuesday that it expects gold to be its second-most valuable resource export this financial year after iron ore, dislodging the liquefied gas. Concerns over geopolitical instabilities fuel demand for safe-haven metal.
French prompts lifted due to tighter nuclear supplies, Germany untraded
The French wholesale power market on Thursday was boosted by a tighter supply of nuclear electricity due to reduced outputs and operational issues, while German contracts were not traded. LSEG analyst Riccardo…