The Solar Energy Corporation of India (SECI) plans to tender a 2,000 MWh standalone energy storage system (ESS).

Filipino households pay on average $0.189 (PHP9.5) per kilowatt-hour—the highest rate in Southeast Asia by far.

После длительных консультаций страны ОПЕК+ договорились о продлении Соглашения о сотрудничестве ОПЕК+ до конца 2022 года, при этом начиная с августа этого года все страны соглашения будут ежемесячно увеличивать добычу нефти на 400 тыс. баррелей в сутки.

The report, Global Market Analysis of Microreactors, focuses on future global microreactor markets and the potential for microreactors, assessing their unique capabilities and potential deployment in specific global markets in the 2030-2050 timeframe.

"Samsung C&T is delighted to invest in and explore global carbon-free power opportunities together with NuScale Power and Fluor Corporation, leading companies in the SMR nuclear business," Se Chul Oh, Samsung C&T’s Engineering & Construction Group president and CEO, said.

Reaching 50% renewables by the end of this decade would still remain well short of President Biden's call for 80% clean power by 2030 (assuming "clean" means "renewable" and does not include nuclear power or fossil fuels with carbon capture).

China aims for renewables to account for at least 50% of its installed capacity by 2050, and energy storage would allow the country to ensure stable operation of the electric grid system.

U.S. Rig Count is up 7 from last week to 491, Canada Rig Count is down 1 from last week to 149.

The spot and long-term LNG pricing dynamics have shifted dramatically from 2020 to 2021, with record lows to record highs recorded in a period of nine months.

U.S. commercial crude oil inventories decreased by 6.9 million barrels from the previous week to 445.5 million barrels.