Category: Energy News Beat

New nuclear station to power six million homes

Energy News Beat Britain is to build a new nuclear power station with the capacity to power as many as six million homes under plans to boost energy security and hit net zero targets. Claire Coutinho, the Energy Secretary, heralded the plans as “the biggest expansion in nuclear power for 70 years” as she set out […]

QatarEnergy signs for eight Q-Max LNG giants

Energy News Beat Super busy Chinese shipyards are now accepting orders as far out as 2029. Middle Eastern liquefied natural gas (LNG) producer QatarEnergy has signed a contract with Hudong-Zhonghua Shipbuilding for the construction of eight supersize LNG carriers. The next step in the state-owned company’s massive shipbuilding program will see the CSSC-affiliated yard build […]

Hertz cites weak demand, high damage costs in decision to downsize EV fleet

Energy News Beat Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from its fleet, or about one-third of the total, in the latest sign that the EV revolution is stalling amid weak demand from consumers. The car-rental company said it expects to book $245 million in charges in the fourth […]

Tidal energy specialist opens office close to offshore Wales development

Energy News Beat Offshore staff PENRYN, UK — HydroWing has opened a new office at the M-SParc science park on the island of Anglesey in North Wales to support development of its Morlais tidal stream energy project. Under the UK government’s latest contracts for difference bid round, the company secured an allocation for a 10-MW development. […]

PJM Urges Delayed Retirement of 840-MW Fossil Fuel Power Plant, Citing Reliability Impacts

Energy News Beat PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission upgrades are put into service around 2028. The nation’s largest regional transmission organization (RTO) on Jan. 10 said it informed Talen that the deactivation of Units […]

New Merseyside Battery Trains Falling Short Of Expectations

Energy News Beat The latest example of pointless virtue-signaling, intended to help ‘save the planet’, has shown itself to be inadequate for its intended role. The 53 Class 777 units, built by Stadler Rail in Switzerland & Poland (because all the British locomotive manufacturers have long since gone out of business from lack of orders), […]

Here’s what heat pumps mean for America: Free air conditioners for the poor

Energy News Beat The electrification of heating is a hot topic: the idea is that heat pumps are going to save the planet, make American homes more efficient and save American households money. Plenty of people agree since heat pumps are selling like hot cakes, but does this all boil down to something worthwhile or […]

Galp Hits Oil at Mopane-1X: Big Win for Exploration, Jobs and More Energy Investments in Namibia

Energy News Beat Portuguese oil and gas company Galp has announced the discovery of light oil at the Mopane-1X well offshore Namibia, bringing the total number of oil and gas discoveries to six since 2022.  Namibia has reached another milestone in its exploration journey, with Portuguese multinational energy corporation Galp announcing the discovery of light […]

Colorado study recommends nuclear to replace coal plant

Energy News Beat A study of clean energy alternatives led by the Pueblo Innovative Energy Solutions Advisory Committee (PIESAC) found that only advanced nuclear could make the community “whole” from the losses it will suffer from the closure of the last unit at the Comanche coal-fired power plant in Pueblo, Colorado, while ensuring a just […]

China dominates renewable energy and coal power forecasts

Energy News Beat LAUNCESTON, Australia, Jan 11 (Reuters) – China’s status as the colossus of renewable energy is set to be cemented in the next five years, with the world’s second-biggest economy adding more capacity than the rest of globe combined. The International Energy Agency said in its Renewables 2023 report, released on Thursday, that […]