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Malaysia’s power utility partners with Keppel to supply 100 MW in cross-border deal

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Malaysia’s state-owned power utility has entered into a key cross-border agreement with Keppel Renewable Energy to supply up to 100 MW of electricity. This comes after Singapore’s Energy Market Authority (EMA) extended Keppel’s licence to import electricity until 2026. This initiative is part of the Lao PDR–Thailand Malaysia–Singapore Power Integration Project (LTMS-PIP), launched in June 2022 as the first multilateral cross-border renewable energy trading among four ASEAN nations. An initial two-year agreement between Keppel and…

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Texas grapples with power demand from data centres and cryptocurrency mining

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Electricity consumption in Texas is rising faster than any other state, driven largely by computing facilities and cryptocurrency mining, according to the US Energy Information Administration (EIA). The Electric Reliability Council of Texas (ERCOT), which manages 90% of the state’s grid, is registering large flexible loads (LFL) — facilities with power demands exceeding 75MW that can adjust consumption rapidly — to prevent wholesale power prices from spiking. By 2025, LFL demand is expected to reach…

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UK Chancellor commits £22bn to carbon capture projects in northern England

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UK Chancellor Rachel Reeves has announced a £22 billion ($28.97 billion) investment in carbon capture and storage (CCS) projects in Merseyside and Teesside. Spread over 25 years, the funding will support capturing emissions from energy producers, industry, and hydrogen power, aiming to help the UK meet climate goals and create thousands of jobs. The projects, backed by BP, Equinor, and Eni, will expand on earlier efforts to capture up to 30 million tonnes of CO₂…

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Yara inaugurates ammonia import terminal in Germany

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Yara International has inaugurated its new ammonia import terminal in Brunsbüttel, Germany, strategically located at the junction of the North Sea and Kiel Canal. The terminal will have the capacity to import up to three million tonnes of low-emission ammonia annually. This project aligns with Yara’s strategy to enhance its nitrogen business while contributing to Germany’s hydrogen strategy by providing essential infrastructure for large-scale ammonia imports.   In addition to this project, Yara continues its global…

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KEPCO partners with local government for renewable energy expansion

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South Korea’s Korea Electric Power Corporation (KEPCO) has signed a business agreement with Gwangju Metropolitan City and Jeollanam-do Province to boost renewable energy production and grid modernization in the Honam region.  The collaboration focuses on integrating renewable energy sources into the power grid, with the Honam region’s capacity projected to reach 42 GW by 2031. The agreement highlights the importance of timely power grid construction to accommodate this growth, requiring cooperation between local governments throughout…

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Google announces renewable energy partnerships in India

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Google has announced two significant partnerships with Adani and CleanMax in India to enhance the country’s power grid with new renewable energy projects. These initiatives support Google’s goal of decarbonising its cloud services and office operations in India, contributing to its 2030 target for 24/7 carbon-free energy. The collaboration with CleanMax includes a 125.4MW project combining 66MW of solar power in Rajasthan and 59.4MW of wind power in Karnataka, expected to be operational by Q4…

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US DOE commits $1.5bn to strengthen power grid infrastructure

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The US Department of Energy (DOE) has pledged $1.5 billion to improve the country’s power grid infrastructure, funding four transmission projects that will add nearly 1,000 miles of new lines and 7.1GW of capacity. The investment aims to enhance grid reliability and support renewable energy integration. The projects include the Aroostook Renewable Project in Maine, featuring a 111-mile transmission line capable of handling 1.2GW, and the Cimarron Link in Oklahoma, establishing a 400-mile HV DC…

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EC approves €1.2bn Polish scheme for electricity storage capacity

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The European Commission has approved a €1.2 billion ($1.32 billion) Polish initiative to support the development of at least 5.4GW of new electricity storage capacity. The scheme, part of the State aid Temporary Crisis and Transition Framework (TCTF), aims to reduce Poland’s dependence on fossil fuels and enhance the integration of renewable energy sources into the national grid. The funding will come from the Modernisation Fund and the Recovery and Resilience Facility, following the EC’s…

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Corrosion issues delay Palisades nuclear reactor restart plans

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Corrosion cracking in the steam generators at the Palisades nuclear reactor has significantly exceeded estimates, according to a report published by the US Nuclear Regulatory Commission (NRC) on 2 October. The findings come shortly after the Biden administration approved a $1.52 billion loan guarantee to finance the restart of the 800MW Michigan-based plant, marking the first recommissioning of a retired nuclear facility in US history. The NRC found stress cracking in 1,163 of the 16,000…

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Europe’s electrification stagnates as industrial slowdown impacts power demand

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A new report by Eurelectric, titled Power Barometer 2024, reveals that Europe’s electrification rate has stagnated at 23% for the past decade, falling short of its 50% target by 2040. The stagnation is largely driven by an industrial slowdown and decreased electricity demand, with EU power consumption dropping by 7.5% between 2021 and 2023. Industries have struggled to electrify, with only a third of their energy consumption coming from electricity, and just 4% of process…