Category: Highlights

The installed capacity of offshore wind power connected to China’s grid network reached 10.42 million kilowatts by the end of April, according to the country’s National Energy Administration (NEA). China has made outstanding achievements in developing offshore wind power in recent years, the NEA said. In the first four months of 2021, the offshore wind power generation totaled 9.94 billion kilowatt-hours, NEA data showed.

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European governments are drawing up plans to phase out coal, U.S. coal-fired power plants are being shuttered as prices of clean energy plummet, and new Asian projects are being scrapped as lenders back away from the dirtiest fossil fuel. And Russia? President Vladimir Putin’s government is spending more than $10 billion on railroad upgrades that will help boost exports of the commodity. Authorities will use prisoners to help speed the work, reviving a reviled Soviet-era tradition. The project to modernize and expand railroads that run to Russia’s Far Eastern ports…

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The Sindh government is going to start from next month a World Bank-assisted project to energise 200,000 homes in far-flung rural areas of the province using solar power. The decision to this effect was reached as Sindh Chief Minister Syed Murad Ali Shah chaired a meeting here at the CM House. The project will be implemented in the districts of Khairpur, Sanghar, Badin, Ghotki, Jacoabad, Kashmore, Qambar-Shahdadkot, Tharparkar, Sujawal, and Umerkot. The project is being initially launched in the districts of Sanghar and Khairpur. The vendors of the project in…

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Asian spot prices for liquefied natural gas (LNG) rose this week, as buyers stocked up the power-generating fuel on anticipation that a warmer-than-usual summer will spur demand for air-conditioning units. The average LNG price for July delivery into Northeast Asia LNG-AS was estimated at about $10.30 per million British thermal units (mmBtu), up 70 cents from the previous week, industry sources said. Temperatures in Beijing, Tokyo, Seoul, and Shanghai are expected to be higher than average over the next two weeks, weather data from Refinitiv Eikon showed, which could increase…

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Russia’s first ship designed to run on liquefied natural gas (LNG) and fuel other vessels with LNG has completed its sea trials, energy firm Gazprom Neft reported on Friday. The Dmitry Mendeleev is expected to enter Gazprom Neft’s fleet in the second half of this year, the company said. “The next stage will be the testing of systems for loading, storing and discharging of LNG,” it said. The Dmitry Mendeleev is an Arc4 ice-class vessel which will able to transport up to 5,800 cubic metres of LNG. It will operate…

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