News

Renewable Energy Broken? A Battle for Natural Gas May be in the Future

published: 2022-04-19 9:30
The United States has come to the rescue during the natural gas crisis in European countries and hundreds of ships are running back and forth on the North Atlantic route. In the future, this wave of natural gas fleets will be even larger. The United States stated it will cooperate with other suppliers to deliver an additional 15 billion cubic meters of liquefied natural gas (LNG) to the EU in 2022 and 50 billion cubic meters of liquefied natural gas (LNG) per year by 2030. ...  more

Europe Ramps Up Construction of Cross-Border Submarine Cables to Resolve Intermittency of Wind and Solar Power

published: 2022-04-19 9:30
The extrication from fossil fuels has always been the energy target of various countries, and the Russia-Ukraine war has once again accelerated Europe’s progress in renewable energy development, which is why utilizing submarine cables that would replenish one’s insufficiency from other countries’ excessive power could become a critical step in providing stable and clean energy for Europe. ...  more

Italy Introduces €1.5 Billion Rebate Scheme to Support Agricultural Sector in Development of Rooftop PV Projects

published: 2022-04-18 9:30
Various renewable energy news outlets reported recently that the Italian government had launched a €1.5 billion rebate scheme to support the domestic agricultural sector in the development of 375MW worth of rooftop PV projects. Even though some news outlets said that the scheme is not related to “agrivoltaics”, the Italian government stated that the aim of the scheme is to install PV systems on facility buildings purposed for raising livestock and agro-industrial operations. ...  more

Nuclear Energy to Resurface In the UK with 8 Reactors Planned for Construction

published: 2022-04-18 9:30
In order to respond to surging energy prices, the UK has proposed a new energy strategic plan that comprises of expanding the establishment of wind power generation, solar energy, and hydrogen energy, with another emphasis being the resurgence of nuclear energy that aims to elevate the installed capacity of the particular power to 24GW by 2050. Eight additional nuclear reactors are required for the target. ...  more

Coal Supply Drops 30%, Vietnam's Largest Power Company Predicts Power Shortage Next Month

published: 2022-04-18 9:30
The world is running out of electricity. Vietnam, which relies on global manufacturing to drive economic growth is experiencing an increasing demand for electricity. 30% of Vietnam's total power generation relies on coal and, in recent years, it has relied highly on imported coal. Tight coal supplies have led Vietnam's state-run power plants to warn of possible power shortages starting in April. ...  more