Prices in Biggest US Power Grid Auction Hit New Record, Signaling Higher Utility Bills Ahead

By Capacity prices in PJM hit fresh record high PJM’s supply shortfall affects 13-state region, raising power bills Governors push for extended price limits Dec 17 (Reuters) – Power bills…

Energy Transfer Announces Suspension of Development of Lake Charles LNG

DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE:ET) announced today that it is suspending development of the Lake Charles LNG project in order to focus on allocating capital to its significant backlog of natural…

West Africa Oil Faces Crisis as Global Surplus Builds

Millions of barrels of Nigerian and Angolan crude remain unsold in the December and January loading programs, as they struggle to compete with ample supply and cheaper cargoes, traders and…

Trump Media announces merger with fusion firm TAE Technologies

Under the terms of the merger agreement, TAE and Trump Media & Technology Group (TMTG) shareholders will each own about 50% of the combined company – which will be one…

Ethiopia and Russia hold talks over potential nuclear power project

According to Russia’s state nuclear corporation Rosatom, “the parties discussed a comprehensive range of issues related to the construction of a large-scale nuclear power plant in Ethiopia featuring Russian design”.…

Pre-feasibility study launched for Estonian SMR plant

The study will analyse the technical, financial, legal, and market aspects of deploying advanced small modular reactor (SMR) technology in Estonia, supporting Fermi Energia’s ongoing national designated spatial planning process.…

New York energy plan recognises role of nuclear

The – approved by the State Energy Planning Board on 16 December – provides broad policy direction that guides energy-related decision making within New York State. The plan includes an…

Argentina and Brazil progressing their multipurpose reactors

The new president of Argentina’s National Atomic Energy Commission (CNEA), Martin Porro, and Secretary of Nuclear Affairs Federico Ramos Napoli, set out progress while hosting a tour for Argentina’s ambassador to the USA…

Trump’s Trade Policies Drive Decline in Asian Imports of U.S. Energy

Falling U.S. energy sales in China and India failed to offset increases elsewhere in Asia as the Trump Administration’s trade policies have upended Asia’s energy imports.   While Japan and South…

Chinese Solar Firms Trim Losses as Beijing Tackles Overcapacity

China’s efforts to reduce overcapacity in the solar manufacturing sector looks to have yielded the first results as domestic firms narrowed their losses in the third quarter.   The solar manufacturing…