Investments
2021, October, 29, 13:55:00
BRITAIN'S NUCLEAR INVESTMENT $2.3 BLN
In December 2020, the UK government announced it would begin talks with EDF Energy to enable investment in the planned Sizewell C nuclear power plant project. The latest government statement confirmed these negotiations are ongoing.
2021, October, 29, 13:35:00
SAUDI ARABIA'S HYDROGEN PROJECT $7.2 BLN
The Jazan IGCC project will convert vacuum residue to be produced in the adjacent Jazan refinery (400,000 bbl/d) into synthesis gas (syngas).
2021, October, 28, 14:05:00
GLOBAL CLIMATE INVESTMENT 2030: $5 TLN
None of the 40 indicators it assessed are in line with the 2015 Paris Agreement goal of reining in average temperature rise to "well below" 2C, and ideally 1.5C, above preindustrial times.
2021, October, 21, 15:10:00
AUSTRALIA'S RENEWABLE INVESTMENT $7.5 BLN
The projects were unveiled as part of Rio Tinto’s newly announced plans to spend $US7.5 billion ($A10 billion) slashing its scope 1 and scope 2 emissions by half by 2030.
2021, October, 20, 11:25:00
IBERDROLA WIND INVESTMENT $8.2 BLN
Iberdrola undertakes to invest £6bn in the East Anglia Hub offshore wind complex
2021, September, 23, 12:35:00
CLEAN COAL INVESTMENT $8.7 BLN
This investment would reduce CO2 emissions by 500 million tonnes cumulatively by 2040, equivalent to approximately 25 million tonnes of CO2 per year.
2021, September, 23, 12:20:00
HYDROGEN INVESTMENT FOR BRITAIN $1.4 BLN
Ineos plans to "move to the production and use of hydrogen by all businesses at the Grangemouth site" by 2030, along with CCS of at least 1 million mt/year,
2021, September, 22, 12:45:00
CHINA'S COAL INVESTMENT DOWN
"China will step up support for other countries in developing green and low-carbon energy and will not build new coal-fired power projects abroad," Xi said.
2021, September, 21, 12:35:00
AUSTRALIA'S HYDROGEN UP
Australia's hydrogen industry said more is needed from the government to help the industry reach commercial scale.
2021, September, 14, 12:05:00
INDONESIA'S HYDROPOWER STORAGE 1 GW
The World Bank has awarded a US$380m loan to build the 1,040 MW Upper Cisokan pumped-storage hydropower plant, to be located between Jakarta and Bandung in Indonesia.
2021, September, 1, 13:45:00
KUWAIT ENERGY PROJECTS 7.5 GW
Kuwait has a total capacity of 21.2 GW (end of 2020), which is almost entirely thermal (12.8 GW of gas and 8.3 GW of oil).
2021, August, 30, 13:50:00
HYDROGEN ENERGY FOR CHINA $4.6 BLN
“Sinopec will expand forcefully into making hydrogen from renewable energy, and zero in on hydrogen for transportation fuel and using green hydrogen for refining,” acting Chairman Ma Yongsheng said.
2021, August, 27, 12:00:00
INDIA, INDONESIA LNG
IOC is investing 1 trillion Indian rupees ($13.49 billion) to raise its refining capacity by 25 million tonnes a year in next 2-5 year,
2021, August, 27, 11:45:00
RENEWABLE FOR POLAND 39 GW
Poland plans to auction up to 10.9 GW of offshore wind projects by 2030 and up to 28 GW of offshore wind by 2050.
2021, August, 27, 11:40:00
SERBIA ENERGY INVESTMENT €17 BLN
Serbia also intends to fund gas, solar and wind power projects.