Latest news
Serbia to construct pumped storage hydropower plants Derdap 3, Bistrica
The Ministry of Mining and Energy will present a EUR 17 billion investment plan in September. Investments in new power plants include the construction of pumped storage hydropower plants Đerdap 3 and Bistrica. According to Professor Nikola Rajaković, the two systems could play a major role in Serbia’s energy transition by facilitating the integration of solar power plants and wind farms.
read more... 24/08/2021
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Nord Stream 2 says Fortuna vessel working on final stage of project
The Nord Stream 2 gas pipeline construction is 99% complete, the operating company said on Wednesday, after a media report the Russian-led project, which has come under criticism from the United States, is expected to be finished on Aug. 23.
read more... 19/08/2021
Siemens building 8.8-MW green hydrogen plant in Bavaria
Construction of an 8.75-MW green hydrogen production facility in Wunsiedel, northeast Bavaria, started last week.
read more... 14/07/2021
EBRD stops investing in upstream oil and gas to align with Paris goals
The European Bank for Reconstruction and Development (EBRD) will stop investing in upstream oil and gas projects as part of plans to align its activities with the goals of the Paris Agreement on climate change by the end of 2022, it said on Thursday.
read more... 02/07/2021
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Global gas supply in 5-10 years may not be tight given shorter construction
Global natural gas supply in the next five to ten years may not be as tight as market expected with shorter project construction cycles, which can have a significant impact on supply and demand fundamentals, participants at the 7th China LNG & Gas International Summit 2021 held over June 23-24 said.
read more... 25/06/2021