REC prices are expected to drop by 76% by 2050 in the Asia-Pacific region, falling from 46 to 11 USD/MWh, due to the massive increase in renewable energy generation in the region, according to a report by Wood Mackenzie.
REC prices are expected to drop by 76% by 2050 in the Asia-Pacific region, falling from 46 to 11 USD/MWh, due to the massive increase in renewable energy generation in the region, according to a report by Wood Mackenzie.
Option volumes traded on the JKM reached 23,460 lots in 2024, compared with 14,660 in 2023.
This increase illustrates a turning point in LNG market players' hedging strategies.
Option volumes traded on the JKM reached 23,460 lots in 2024, compared with 14,660 in 2023.
This increase illustrates a turning point in LNG market players' hedging strategies.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
Fourteen major financial institutions have pledged to support the global expansion of nuclear power to triple its capacity by 2050, marking a key step in the energy transition.
Fourteen major financial institutions have pledged to support the global expansion of nuclear power to triple its capacity by 2050, marking a key step in the energy transition.
The Cove Point LNG plant, operated by Berkshire Hathaway Energy, is suspending operations for planned three-week maintenance, temporarily disrupting natural gas flows.
The Cove Point LNG plant, operated by Berkshire Hathaway Energy, is suspending operations for planned three-week maintenance, temporarily disrupting natural gas flows.
Zelestra has secured 132 million euros in financing for its 435 MW solar power plant in the Indian state of Rajasthan, confirming its expansion in India's renewable energy sector.
Zelestra has secured 132 million euros in financing for its 435 MW solar power plant in the Indian state of Rajasthan, confirming its expansion in India's renewable energy sector.
More than half the world's companies are committed to carbon neutrality, but experts condemn the lack of concrete action to achieve this goal, despite ambitious announcements.
More than half the world's companies are committed to carbon neutrality, but experts condemn the lack of concrete action to achieve this goal, despite ambitious announcements.
Tunisia signs two agreements with foreign companies for the construction of solar power plants in Sidi Bouzid and Tozeur.
These projects are part of the country's energy strategy to increase the share of renewable energies.
Tunisia signs two agreements with foreign companies for the construction of solar power plants in Sidi Bouzid and Tozeur.
These projects are part of the country's energy strategy to increase the share of renewable energies.
Japan and China have reached an agreement for the independent monitoring of treated water discharges from the Fukushima nuclear power plant.
This decision paves the way for a potential lifting of the Chinese embargo on Japanese fish products.
Japan and China have reached an agreement for the independent monitoring of treated water discharges from the Fukushima nuclear power plant.
This decision paves the way for a potential lifting of the Chinese embargo on Japanese fish products.
Constellation restarts a unit at the Three Mile Island power plant to supply Microsoft with electricity.
This 20-year agreement is part of a response to the growing demand for low-carbon energy in data centers.
Constellation restarts a unit at the Three Mile Island power plant to supply Microsoft with electricity.
This 20-year agreement is part of a response to the growing demand for low-carbon energy in data centers.
