European Energy Crisis Prompts Utility Takeovers in Germany, France

Credit to Author: Sonal Patel| Date: Tue, 01 Nov 2022 04:10:00 +0000

With winter fast approaching, and the dreaded effects of extreme natural gas price levels and volatility looming, together with unprecedented uncertainty of fuel supply, governments in Germany and France have

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Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis

Credit to Author: Aaron Larson| Date: Thu, 04 Aug 2022 17:09:06 +0000

High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants. The news is particularly troubling as several European nations struggle to cope with an energy crisis caused by gas cuts made by Russia in retaliation against sanctions placed on it due to […]

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Europe May Need Temporary Coal, Oil Power Increase to Ready for ’Hard’ Winter, IEA Warns

Credit to Author: Sonal Patel| Date: Mon, 18 Jul 2022 14:50:35 +0000

European leaders should minimize gas use in the power sector and temporarily ramp up coal- and oil-fired generation while accelerating low-carbon sources to guard against energy market turmoil that has grown “especially perilous,” the head of the International Energy Agency (IEA) said on July 18. “I’m particularly concerned about the months ahead,” wrote IEA Executive […]

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JERA Readying to Start 1-GW Coal Plant as Japan Scrambles to Secure Power Supplies

Credit to Author: Sonal Patel| Date: Thu, 14 Jul 2022 20:38:35 +0000

Japan’s Prime Minister Fumio Kishida has called for up to nine nuclear plants to be put into operation to mitigate tight supplies expected this winter. The country could meanwhile resume operation of more than 10 thermal power plants to ensure electricity security this summer, he said. Kishida’s comments at a press conference on July 14 […]

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U.S. Agrees to Ramp Up LNG Exports to Europe, Actively Reduce Natural Gas Demand

Credit to Author: Sonal Patel| Date: Wed, 30 Mar 2022 17:02:15 +0000

The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to the European Union (EU) but also reduce overall natural gas demand in the U.S. and EU through “accelerated market deployment” of clean energy measures. The measures are part of strategic energy cooperation […]

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Recurring energy crisis requires bold solutions

Credit to Author: The Manila Times| Date: Sat, 22 Feb 2020 17:07:20 +0000

The summer season has not yet arrived, but we already hear warnings of a likely power supply shortage in the coming months. The Independent Electricity Market Operator of the Philippines (IEMop) reported that people in Luzon and the Visayas may face a shortage of up to 1,200 megawatts (MW) in May and June. A few […]

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