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Trump names Chris Wright as energy secretary
President-elect Donald Trump has appointed Chris Wright, a veteran of the US energy sector and CEO of Liberty Energy, as the next energy secretary. Wright is recognised as a pioneer of the American shale revolution, having played a crucial role in advancing hydraulic fracturing technologies that reshaped the global energy landscape. Wright brings decades of experience to the role. He founded and currently serves as the CEO of Liberty Energy, a Denver-based company specializing in…
EU grants EUR 998 million to boost green hydrogen production in Netherlands
The European Commission has granted EUR 998 million to a Dutch scheme to promote green hydrogen production, along with EUR 80 million to Djewels, a subsidiary of HyCC, to advance its green hydrogen technology. This funding supports the EU Hydrogen Strategy and the European Green Deal, which aim to develop green hydrogen, produced through the electrolysis of water using renewable energy. The funding will support the construction of at least 200 MW of electrolysis capacity,…
Blykalla and ABB partner to develop SMR pilot facility in Sweden for nuclear innovation
Swedish nuclear power company Blykalla has joined forces with engineering giant ABB to develop an electric small modular reactor (SMR) pilot facility in Oskarshamn, southern Sweden. The companies signed a Memorandum of Understanding (MOU) to collaborate on SMR technology that aligns with Sweden’s clean energy and decarbonisation goals. This initial project will focus on constructing a testing facility for Blykalla’s SEALER-E prototype, an electric lead-cooled fast reactor (LFR), to simulate nuclear fission temperatures without splitting…
BP, Iberdrola to build 25 MW green hydrogen project in Spain
BP and Iberdrola have established a 50:50 joint venture to develop a 25 MW green hydrogen project in Castellón, Spain. The project has reached its final investment decision and is set to support the decarbonization of BP’s refinery operations by 2026, reducing CO2 emissions by 23,000 tons annually. The initiative has secured €15 million in funding from the Spanish Recovery, Transformation, and Resilience Plan, supported by NextGenerationEU. The plant is expected to create up to…
EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS
EDF Renewables has secured a 20-year Energy Storage Power Purchase Agreement (PPA) with Arizona Public Service (APS) for the Beehive Battery Energy Storage System (BESS) in Peoria, Arizona. This 250 MW, four-hour duration stand-alone battery system, totalling 1,000 MWh, will start construction in 2025 and is set for commercial operation by 2026. Beehive BESS, equipped with lithium-ion batteries, inverters, transformers, and a substation, will store renewable energy to meet peak demand, supporting APS’s capacity needs. …
Report: July 2024 transformation capacity update
In July 2024, India’s power sector saw the addition of 4,360 MVA to its transformation capacity. This brought the total capacity added for the fiscal year 2024-25, up to July, to 14,620 MVA. As a result, the current total transformation capacity in India reached 12,65,700 MVA. The Central Sector added 4,815 MVA in July. Powergrid, a key player in this sector, contributed 2,815 MVA to this total. The State Sector added 9,805 MVA. Andhra Pradesh…