Tag - energy

 
 

ENERGY

Yoon Suk-Yeol speaks to the nation at the Presidential Office on Dec. 7.
ASIA PACIFIC / Politics
Dec 17, 2024
Martial law fiasco casts doubt over South Korea’s nuclear power push
Stocks related to the nuclear sector have already suffered losses due to souring investor sentiment since the political crisis began.
The Kashiwazaki-Kariwa nuclear power plant in Niigata Prefecture. A government cost estimate shows that nuclear power is likely to be the cheapest baseload electricity source in Japan in 2040.
BUSINESS / Economy
Dec 16, 2024
Japan sees nuclear as cheapest baseload power source in 2040
A previous study published in 2021 saw LNG-fired power plants as the cheapest power source in 2030.
India has the most steelmaking capacity under development in the world, surpassing even China.
BUSINESS
Dec 16, 2024
A booming and coal-heavy steel sector risks India’s green goals
India is the world’s third-largest emitter and the rate at which it can decarbonize will have a major impact on global climate efforts.
Crystal Smith, the elected chief of the Haisla people, stands on the shoreline of the Douglas Channel in Kitamaat, British Columbia, Canada, on Oct. 1.
ENVIRONMENT / Climate change
Dec 15, 2024
Indigenous people in Canada weigh costs of a gas windfall
The promise of billions of dollars of gas investment has renewed a generations-old debate over Indigenous identity and environmental stewardship.
The Stratos direct air capture facility, a joint venture between Occidental Petroleum and asset manager BlackRock, in Ector County, Texas
ENVIRONMENT / Energy / ANALYSIS
Dec 14, 2024
Earthquakes and blowouts undermine case for carbon storage in Texas
Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields.
Cables connect to servers at a data center. The rapid global adoption of AI has triggered a boom in demand for the energy-hungry data centers on which the technology depends, putting power grids to the test.
JAPAN
Dec 12, 2024
Fossil fuels initially needed for AI boom, Tepco adviser says
While electricity demand has been trending downward in Japan, experts have suggested that the decline could be reversed as the nation builds more data centers.
A liquefied natural gas plant operated by Sakhalin Energy in Sakhalin, Russia. Japan, the world's second biggest LNG buyer, depends on Russia for 9% of its LNG.
BUSINESS / Companies / ANALYSIS
Dec 12, 2024
Rival supplies and depleting fields give Japan an exit from Russian gas
Japan, the world’s second-biggest liquefied natural gas buyer, depends on Russia for 9% of its LNG.
Possible new sanctions on Russian oil highlight how Biden’s team is more willing to take risks in confronting Russia as it prepares to depart.
WORLD / Politics
Dec 11, 2024
U.S. mulls new Russia oil sanctions to weaken Putin ahead of Trump
The European Union is planning similar measures on Russia’s shadow fleet before the end of the year.
Surging development costs, supply chain issues and higher inflation have heavily weighed on the offshore wind sector in recent years.
BUSINESS / Companies
Dec 9, 2024
BP and JERA to combine offshore wind operations in joint venture
The 50-50 venture, called JERA Nex BP, will include operating assets and development projects with a potential generation capacity of 13 gigawatts.
Kansai Electric Power's Takahama nuclear power plant's No.1 reactor (right) in Fukui Prefecture, which surpassed 50 years of operation in November. On the left is the No. 2 reactor.
JAPAN
Dec 9, 2024
Renewables eyed as biggest source of Japan’s energy mix in fiscal 2040
The government is also expected to aim for a 20% share for nuclear energy as part of efforts toward decarbonization.
Chugoku Electric Power Company's Shimane nuclear power plant
JAPAN
Dec 7, 2024
Chugoku Electric restarts Shimane reactor for first time in 13 years
The long-delayed restart of the reactor, which was shut down in January 2012, boosts the number of Japan’s operational reactors to 14.
Tokyo Gas' liquefied natural gas terminal in Sodegaura, Chiba Prefecture, last month. The utility is considering several wind power projects in Southeast Asia amid the global decarbonization push.
ENVIRONMENT / Energy
Dec 5, 2024
Tokyo Gas eyes wind power projects in Southeast Asia
The gas utility is expected to make final investment decisions on some of the envisaged projects as early as 2025.
Panasonic CEO Masahiro Shinada (far right) and others cut the ribbon at the unveiling of a facility to be run solely on renewable energy in Cardiff, Wales, on Tuesday.
BUSINESS
Dec 4, 2024
Panasonic plant in U.K. to go fully renewable
The firm has installed a system to generate power using green hydrogen, produced without causing carbon dioxide emissions.
The logo of the Adani Group on the outskirts of Ahmedabad, India, on Nov. 21
BUSINESS / Companies
Dec 2, 2024
Bangladesh wants to renegotiate Adani power deal unless court cancels
Adani Group founder Gautam Adani is already facing allegations by U.S. authorities that he was part of a $265 million bribery scheme in India.
Workers install solar panels at the Khavda Renewable Energy Park of Adani Green Energy in the village of Khavda, in India, on April 12.
BUSINESS / Tech
Nov 28, 2024
Adani allegations cast light on barriers to India’s ambitious solar drive
India’s states are unprepared for a rapid rise in renewable generating capacity, lack adequate transmission infrastructure and storage.
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump’s plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, on Monday. Material stolen from the company's critics in a hack-and-leak operation continues to be used today to counter litigation claiming the oil giant misled the public and its investors about the risks of climate change.
BUSINESS / Companies
Nov 28, 2024
Exxon lobbyist probed over hacked papers that disrupted climate lawsuits
The stolen material continues to be used today to counter litigation claiming the oil giant misled the public and its investors about the risks of climate change.
Nobuo Hara, the head of a group seeking to halt the No. 2 reactor at Tohoku Electric Power's Onagawa nuclear power plant, speaks at a news conference on Wednesday in Sendai after the Sendai High Court ruled against them.
JAPAN
Nov 28, 2024
Court rejects request to halt restarted Onagawa nuclear reactor
A judge said there was “no concrete proof” that an incident that could not be handled under an established evacuation plan would occur.
DPP leader Yuichiro Tamaki in Tokyo on Tuesday
JAPAN / Politics
Nov 27, 2024
DPP’s Tamaki leverages new position with energy proposal
Yuichiro Tamaki has been a long-time advocate of nuclear power and the reactivation of Japan’s halted nuclear power plants.
An Iranian woman, in her house in Tehran while the electricity is cut off due to energy savings in 2021
BUSINESS / Companies
Nov 27, 2024
Iran’s businesses bear brunt of daily power blackouts
Iran, despite holding some of the world’s largest natural gas and oil reserves, has grappled with massive energy shortages in recent months.

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival