Mainstream’s offshore business will continue to develop existing project opportunities for bottom-fixed and floating wind in markets such as Norway, Sweden, Japan, South Korea, Vietnam, Ireland, the UK and the US, while exploring opportunities in new markets.

The spot price of Brent crude oil averaged $71 per barrel (b) in 2021, and we forecast the Brent price will average $104/b in 2022 and $94/b in 2023.

Hydrogen is becoming a more versatile fuel, however, and is receiving interest in energy storage, as a transportation fuel, as a fuel for electricity generation, and as a fuel for heating.

Green means the hydrogen has been made using electricity and from renewable sources. But as with electric cars, the environmental footprint is determined by the power mix carbon intensity if it is connected to the grid.

Revolutions are messy things. Once underway, they get a life of their own. There is confusion and mistakes are made at the barricades. But once underway, they can’t be turned back; yesterday can’t be summoned rule tomorrow.

Senior nuclear regulators and industry leaders met for the first time under the IAEA’s Nuclear Harmonization and Standardization Initiative (NHSI) on 23-24 June to discuss roadmaps to accelerate the safe and secure deployment of advanced nuclear reactors, with a particular focus on small modular reactors (SMRs).

Last Energy's SMR technology is based on a pressurised water reactor with a capacity of 20 MWe or 60 MWt.

The Persian Gulf state, one of the world’s top LNG exporters, will demand that EU nations sign long-term contracts,

Under the Bipartisan Infrastructure Law, USD6 billion has been allocated to support the continued operation of existing US nuclear power plants under the threat of closure

The plan includes increased reliance on coal-fired generation, an auction system to incentivise lower consumption in industry and €15bn in credit lines via the state-owned investment and development bank KfW for the country's gas market operators to fill gas storage facilities faster.

The Office of Nuclear Regulation is responsible for the regulation of the safety and security of nuclear installations in the UK. However, fusion reactors are not prescribed installations for the purposes of the Nuclear Installations Act 1965.

A single nuclear power plant has the potential to generate enough hydrogen to decarbonise the heating of one million homes or 40,000 hydrogen buses from a site no more than a few square miles in size, with technology that is available today.

The Vidar and Poseidon projects, located off Sweden’s west coast near Gothenburg, will primarily consist of floating wind turbines and will be able to generate 10.5 TWh/year of electricity when fully developed.

The Philippines has held its first renewable auction, offering a total capacity of 2,000 MW.

Several countries are now eyeing a strategy for using nuclear power that could reduce their reliance on fossil fuels over the coming years: installing small modular reactors (SMRs) on or near the site of retired coal fired plants.