January 2022

China intends to reduce its energy intensity (i.e. energy consumption per unit of gross domestic product) in 2025 by 13.5% compared with the 2020 level,

H2biscus will convert hydropower and natural gas into green hydrogen/methanol and blue hydrogen, and also convert hydrogen to ammonia, with an aim to supply the hydrogen and ammonia to Sarawak and South Korea.

The Santiago project would comprise eight power generation units, with 304.10 MW Francis-type turbines and would require US$3bn of private investments for a total budget of US$6.7bn.

Brent rose 61 cents, or 0.7%, to $86.88 a barrel, WTI climbed 44 cents, or 0.5%, to $83.75 a barrel.

Small Modular Reactors Day was an international platform for discussing the benefits of Small Modular Reactors, the prospects for their development and how this technology can be applied around the world.

The MoUs - signed in both Gdańsk and Westinghouse's office in Warsaw - include cooperation on the possible construction of six AP1000 plants for the Polish nuclear power plant programme.

Energy costs drove most of the increase, with a 95.9% jump in December from a year earlier,

The country's total solar capacity reached 306 GW at the end of the year, with 107.5 GW of distributed solar (+29 GW in 2021, i.e., around 55% of all new solar PV capacity added in 2021).

Turkey's total installed power in electricity has reached 99,819 megawatts as of the end of 2021, of which 7,815 megawatts came supplied by solar power plants (SPP),

Under the two agreements, the three groups will explore key areas of collaboration on Ørsted’s Incheon offshore wind project, contributing to the growth of offshore wind power in South Korea