Germany’s economic ministry had to push back a long-awaited power plant strategy after the county’s highest court blocked the use of €60 billion from the government’s Climate and Transformation Fund. The strategy envisages the construction of hydrogen-ready gas power plants with 25 GW capacity, equal to 50 large plants which were meant to be operational […]
The Japanese government has selected JERA as the first supplier for the country’s new ‘Strategic Buffer LNG’ framework, under which it will deliver a minimum one cargo per month between December 2023 and February 2024. The scheme ensures sufficient gas is available for power generation throughout the winter to shield against potential supply disruptions.
Coal, not cleaner-burning gas power plants in China will be guaranteed payments based on their installed capacity from 2024, as Beijing seeks to ensure stable and affordable electricity supply. Fitch Rating believes this policy will compensate coal-fired power gencos’ earnings loss from lower utilisation hours due to rising renewable installations, while making gas peaking plants […]
Britain’s energy regulator Ofgem has set out new rules to speed up electricity grid connection for viable projects and force stalled or speculative developers out of the queue. From November 27, the new rules will replace the existing ‘first-come, first-served’ system which caused a backlog in projects that could generate almost 400 GW of electricity.
Germany’s coalition government has agreed a relief package worth up to €28 billion from 2024 to 2027 for industry burdened by high power prices. Measures include slashing the electricity tax from €1.537 to just €0.05/MWh for at least two years and extending subsidies that shield against rising CO2 cost in an effort to discourage firms […]
The British Prime Minister Rishi Sunak will use tomorrow’s King Speech to announce a legal bill for annual North Sea oil and gas licensing rounds, meant to create certainty for the industry when transitioning to greener energy. In July, Sunak said over 100 new licenses would be granted which he claims to be compliant with […]
The German government has greenlit €5.5 billion to go towards grid fees in 2024 in an effort to dampen the impact of rising electricity prices on consumers. Monies from the Economic Stabilisation Fund will be used to help finance the grid fee charges which TSO want to increase to meet high costs for redispatch measures.
Several lignite-fired power will be brought back from reserve in Germany this winter to stabilise electricity supply and save gas during the heating period – just like in the past winter. LEAG’s lignite-fired plant Jänschwalde was re-instated during the gas crisis and economy minister Robert Habeck expects utilities will again temporarily dispatch eastern German lignite […]
Germany’s Federal Network Agency (BNetzA) has carried out tests to simulate a possible gas supply crisis in the coming winter. In this event, the regulator would coordinate supplies on a national level, allocate gas to both industry and households and urge the public to reign in energy use beyond the 20% gas savings already achieved.
With the final auction to compensate for early retirement of coal power plants undersubscribed, Germany’s energy regulator BNetzA is mandating closures based on the plants’ age – without compensation. Awarded bids amounted to 280 MW combined – short of the 542 MW that were auctioned – hence the regulator told EnBW to shut its 780 […]
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.
