TotalEnergies has agreed to supply 3.3 TerraWatt-hours (TWh) of baseload renewable electricity to Airbus sites in Germany and the UK, starting from 2027. The companies said the contracted volumes would meet about half of the facilities’ total electricity demand over the next decade, sourced from over 200 MW of renewable capacity combined. In Germany, the […]
Indonesia is increasingly turning to gas-fired power generation as delays undermine international efforts to accelerate coal plant retirements. The shift follows the government’s decision in late 2025 to cancel early retirement of the 660 MW Cirebon-1 coal power plant, the Institute for Energy Economics and Analysis (IEEA) finds. The cancellation of the Cirebon-1 shutdown has […]
Day-ahead electricity prices at most US trading hubs are driven up by higher natural gas prices, with the largest increase of $29 per MWh seen in New England’s Independent System Operator (ISO-NE). Gas prices set the marginal price of electricity during most hours in US regional markets. Electricity generation in the Lower 48 states increased […]
Indonesia’s rapid expansion of captive coal power capacity could undermine the role of gas-fired generation and slow prospective LNG import growth, analysis from the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM) finds. Captive coal plants – units built to power industrial operations rather than the national grid – now […]
Egypt is accelerating construction work on the El Dabaa nuclear power plant to rebalance a power mix dominated by natural gas and reduce exposure to volatile fuel prices for imported LNG. Eager to bring new nuclear capacity onstream, Electricity and Renewable Energy Minister Mahmoud Esmat said on Sunday that Egypt is working with Russian partners […]
Pennsylvania Governor Josh Shapiro has urged PJM Interconnection to extend the price floor and ceiling – known as the ‘price collar’ – for the 2028/29 and 2029/30 capacity auctions, amid PJM’s ongoing holistic market review. As the largest US power market operator, PJM sought public feedback on continuing the collar, instated in previous auctions in […]
German utility RWE has called on the government to speedily set up auctions for the construction of new gas-fired power plants. It would be “a major disappointment,” according to CEO Markus Krebber, if the government does not manage to award construction contracts to developers before the end of this autumn. Krebber urged the German coalition […]
JERA has shipped the inaugural LNG cargo from Australia’s Barossa gas project to its Japanese home market, where the utility burns regasified LNG to produce electricity for over 50 million customers. JERA secured roughly 425,000 tonnes per year of LNG in the project via its 12.5% equity stake, with the gas shipped to Japan to […]
Natural gas freeze-offs reached a single-day high of 17 billion cubic feet (bcf) earlier this week – close to the record 18 bcf seen during the 2021 Winter Storm Uri – as an intense Arctic weather system sweeps across the US. According to Wood Mackenzie, the cumulative freeze-off for winter 2025/26 has now reached 58.3 […]
JLL Partner, a New York-based private equity firm has acquired PowerParts Group (PPG), an aftermarket provider of gas and steam turbines for an undisclosed amount. Kevin Hammound, JLL’ Managing Partner called the deal a “strategic acquisition” building on the firm’s strategy to “sponsor growth for highly engineered component suppliers into critical end-markets.” Founded in 2020, […]
Aug 31 – The number of gas-fired power plant projects, linked to US data centres, has nearly doubled in the first half of 2026. According to Global Energy Monitor, 378 MW of gas capacity is currently under development in the US, one-third of total projected capacity worldwide, led by Texas with 122 MW.
Aug 27 – GE Vernova has been chosen by Laing O’Rourke to deliver a new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience in a sustainable manner. The projects form part of The Great Grid Upgrade, the largest overhaul of the electricity grid across England and Wales in generations.
Aug 26 – Net Power has agreed to purchase 123 MW of new power generation equipment to increase the installed capacity of its Project Permian to nearly 200 MW. The gas-fired power project in West Texas is being gradually scaled up to 1 GW.
Aug 24 – Singapore’s Economic Development Board (EDB) has provisionally allocated 200 MW of new data centre capacity to Digital Realty, Equinix, Keppel Data Centres and ST Telemedia Global Data Centres, with each receiving 50 MW for facilities on Jurong Island. All sites will be developed within JTC’s planned low‑carbon data centre park on Jurong Island, and operators must source more than 50% of their capacity from green or low‑carbon energy such as biomethane, low‑carbon ammonia or hydrogen.
Aug 21 – Germany’s underground gas storage facilities are only about 50% full as of mid-August, well below last year’s roughly 67%. To achieve the targeted 70% filling levels by November, the government is preparing additional intervention options although traders remain cautious amid elevated prices and geopolitical uncertainty.
Aug 19 – A Russian air strike has damaged one of DTEK’s thermal power plant, forcing the Ukrainian operator to shut down one unit. DTEK’s thermal power fleet had an installed capacity of about 13.3 GW as of early 2022, spread across eight plants, though repeated attacks since then have destroyed much of that installed capacity, jeopardising regional electricity supply security.
Aug 17 – Wärtsilä is preparing to deliver an off-grid power solution for a new data center, under construction in Texas. The 790 MW power plant will operate with 42 Wärtsilä 50SG engines running on natural gas.
July 29 – Electricity demand in India is on course to rise 4-5% year-on-year in 2027, Fitch Rating reckons, referring to the country’s higher cooling needs and economic growth. Coal remains king in the Indian energy mix, fuelling more than 70% of power stations, while gas-burn fell to 15% in June 2026, down from 22% a year earlier amid supply constraints and higher LNG prices.
July 27 – The Japanese government is considering foreign debt finance for gas-fired power projects in the United States that form part of its $550 billion U.S. investment pledge. “If financing from foreign banks materialises, it should further facilitate the procurement of foreign-currency funding needed to implement the investment initiative,” the finance ministry said on the platform X late on Sunday.
July 24 – EU Carbon Emission Allowances are expected to continue their mean-reversion trading around €80/t for the rest of this month, as the Commissions adjustments leave supply-demand balances for carbon credits tight through 2035. Further out, Energy Aspects reckons there may be 250 Mt more allowances in the market through 2040 as the pace of how fast the ETS cap falls has been slowed down for 2036 onwards.
July 22 – Nigeria’s Index Thermal Power has invited engineering firms, infrastructure developers and institutional investors to join the development and financing of its proposed 1,800 MW gas-fired independent power plant in Rivers State. The project is planned for the Onne Oil and Gas Free Trade Zone in Port Harcourt.
July 20 – Utilita Energy has become the third energy supplier to join WattsWatt – the national energy information service – alongside Outfox Energy and Home Energy in bid to help households gain affordable warmth by comparign tariffs and improving access to energy efficiency grants.
July 17 – Hitachi Energy and Eve Air Mobility, an Embraer-backed aircraft manufacturer, are looking to advance the electrical infrastructure needed to support urban air mobility. The agreement brings together Hitachi’s Grid-eMotion charging infrastructure with Embraer-backed electric vertical takeoff and landing (eVTOL) aircraft technology.
July 15 – The global market for hydrogen (H2)-compatible gas turbines will grow to nearly $3.5 billion by 2032, expanding at an annual rate of over 10% during the forecast period. According to DataM intelligence, hydrogen is emerging as a strategic and sustainable alternative to fossil fuelled power generation as nations strive to reduce reliance on imported fossil fuels and stabilize their power grids,
July 13 – Japan’s largest power generator JERA has signed a Memorandum of Understanding (MoU) with Samsung C&T of Korea to collaborate on hydrogen and ammonia. JERA is developing Japan’s first low-carbon ammonia value-chain, and is targeting start of operations around fiscal year 2029. Samsung C&T focused on low-carbon ammonia infrastructure and supply chain initiatives in Korea, and by combining their capabilities both companies aim to strengthen value chain resilience across Asia.
July 8 – GasHub has finished an LNG storage and regasification facility at Rolls-Royce’s Seletar Campus in Singapore and begun LNG deliveries, with the system designed to support the campus’s long-term energy requirements, including reliable electricity demand. The setup is part of a shift away from compressed natural gas and aims to reduce fuel deliveries, emissions, and operating costs.
July 6 – Swiss energy storage operator BW ESS has started construction on the 1GW Klostermansfeld project, one of Europe’s largest battery storage projects to date. Situated in the southern Harz region, the battery is designed to supply around three million German households with electricity for at least four hours.
July 2 – Siemens is investing €300 million to expand the production of high-efficiency power distribution systems for data centers, e-mobility and industrial automation. To that end, Siemens is expanding its switchgear factory in Frankfurt and a new supplier facility in Offenbach, creating 700 new jobs by the end of 2030
June 29 – IGM, a specialist engineering company, has supplied a 2 MW electrolyser to Industria Gas Tecnici (IGAT), marking the company’s entry into green hydrogen production under Italy’s national Hydrogen Valley programme.
June 26 – PJM Interconnection expects peak summer load will grow at an average of 5.4% per year over the next decade driven by electrification of road transport and the concentration of data centers. Summer peak load in PJM’s Dominion zone was 23,905 MW last year, 23% higher than in 2019, while winter peak load in PJM’s Dominion zone was 25,413 MW in the 2025–26 winter season, 45% higher than five years ago.
