How Does Russia Keep Signing Nuclear Power Contracts?

Credit to Author: Michael Barnard| Date: Sat, 05 Nov 2022 17:16:53 +0000

Map of RussiaRussia’s ability to keep signing nuclear contracts in the midst of massive sanctions over its illegal invasion of Ukraine is a complicated story. I certainly wouldn’t be signing contracts for energy with Russia right now.

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EU Cutting €11 Billion In Gas Costs Via Record Growth In Wind & Solar

Credit to Author: Zachary Shahan| Date: Sat, 05 Nov 2022 14:47:32 +0000

The Russian invasion of Ukraine has sent one very clear message to Europe — ween yourself off dependence on Russian fossil gas, and gas in general. That led to record growth in wind and solar power this year, and a new analysis from E3G and Ember finds that the EU’s increase in wind and solar power deployment […]

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U.S. Coal Plant Closures Continue, While China Rapidly Builds More

Credit to Author: Darrell Proctor| Date: Tue, 08 Nov 2022 17:01:37 +0000

A wave of retirements for U.S. coal-fired power plants continues, with the Energy Information Administration (EIA) reporting almost a quarter of the nation’s remaining facilities could be shuttered by the end of 2029. The EIA in its preliminary monthly electric generator inventory report released Nov. 7 said that 23% of the nearly 201 GW of […]

The post U.S. Coal Plant Closures Continue, While China Rapidly Builds More appeared first on POWER Magazine.

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Investment Bank ‘Mobilizing’ up to $115 Billion for Renewables, Energy Storage and More in EU

Credit to Author: Darrell Proctor| Date: Wed, 26 Oct 2022 18:41:25 +0000

Vlocity-renewable-energy-solar-wind

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

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What Will Happen With Russia?

Credit to Author: Zachary Shahan| Date: Sat, 15 Oct 2022 03:35:23 +0000

I, like many, have been quite concerned for months about what will happen with Ukraine. Even if it does fight off Russia completely and regain and secure its borders, the country has been demolished, countless citizens have been murdered, many more have been traumatized and terrorized, and rebuilding the nation will be no easy task. […]

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Nissan Sells Its Business In Russia For 1 Euro, Focuses Instead On New EV Enterprise With Renault

Credit to Author: Carolyn Fortuna| Date: Thu, 13 Oct 2022 02:43:48 +0000

Nissan“On behalf of Nissan, I thank our Russian colleagues for their contribution to the business over many years. While we cannot continue operating in the market, we have found the best possible solution to support our people,” Nissan president and CEO Makoto Uchida said in a statement.

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Europe Turns to LNG to Avert Energy Crisis

Credit to Author: Darrell Proctor| Date: Mon, 03 Oct 2022 04:12:00 +0000

European nations are looking at ways to increase their imports of liquefied natural gas (LNG), including from Russia, as concerns about a shortage of natural gas across the European Union (EU) continue ahead

The post Europe Turns to LNG to Avert Energy Crisis appeared first on POWER Magazine.

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India Power Minister Says Country Will Add More Coal-Fired Plants

Credit to Author: Darrell Proctor| Date: Mon, 26 Sep 2022 16:59:08 +0000

The leader of India’s power sector has said the country is preparing to add as much as 56 GW of coal-fired generation capacity by 2030 in order for the country to meet growing demand for electricity. He also said India must invest in energy storage, in concert with supporting more wind and solar power development, […]

The post India Power Minister Says Country Will Add More Coal-Fired Plants appeared first on POWER Magazine.

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Europe’s Energy Crisis Will Be Short-Lived & Reap Benefits

Credit to Author: Michael Barnard| Date: Fri, 09 Sep 2022 13:49:13 +0000

Map of Europe - The Member States Of The European Union - EU AgendAAnytime anyone uses the term ‘energy independence’, correct them to ‘strategic energy interdependence’.

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California Cooking, Russia Shuts Off Gas To Europe

Credit to Author: Nexus Media| Date: Tue, 06 Sep 2022 14:43:19 +0000

California is cooking in extreme heat, Russia has shut down a key gas pipeline to Europe, and there are changes in the White House with regards to climate and energy. Scroll down below for the updates. Heatwave Breaks Records, Threatens Human Health: Extreme heat shattered records up and down the West Coast over the weekend, threatening […]

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