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02.01.2018 18:21

Completion of Power Start-up of Tianwan NPP Third Unit

The power start-up of Unit 3 of Tianwan NPP was completed on 30 of December 2017, Rosatom announced in a press release. Tianwan NPP (TNPP) is being built in China based on a Russian VVER-1000 design. The second stage of TNPP’s construction
02.01.2018 16:22

Putin Introduces Exclusive Right for Russian Vessels to Carry Oil and Gas Over NSR

Russian President Vladimir Putin signed a law stipulating the exclusive rights of vessels under the Russian flag to carry oil, oil products and gas in the water area of the Northern Sea Route (NSR).   Amendments are introduced into the Russian
02.01.2018 13:43

China's Chongqing Gas Exchange Aims To Be Asia Price Benchmark

China plans to launch a natural gas exchange in Chongqing in early 2018, aiming to create an Asian price benchmark as the nation’s use of the fuel surges amid its shift away from coal, Reuters reported.   China is the world’s third-biggest
29.12.2017 16:11

Algerian shale gas will need more time, Russia completes first delivery of LNG to Europe

Algeria needs to exploit its shale gas resources to offset a surge in local energy consumption that is eating into vital exports, but developing the industry will take time and require far-reaching reforms at the state energy firm, Reuters reported. The
29.12.2017 13:31

Russian factory launches new centrifuges for uranium enrichment

New-generation gas centrifuge for uranium enrichment came on stream at the Urals Electrochemical Factory (Novouralsk, Sverdlovsk region), according to information by the press service, TASS reported. The factory did the test launches of the sections
29.12.2017 09:46

Russia deregulates Gazprom gas prices for LNG export projects

The Russian government authorized Gazprom to sell gas at non-regulated prices for liquefied natural gas (LNG) production with subsequent export from January 1, 2018, TASS reported. The relevant Cabinet decree was posted on the official web portal
28.12.2017 15:42

UK enjoyed 'greenest year for electricity ever' in 2017

The UK has achieved its greenest year ever in terms of how the nation's electricity is generated, National Grid figures reveal, BBC reported. The rise of renewable energy helped break 13 clean energy records in 2017. In June, for the first time,
28.12.2017 12:39

Nordex and Siemens-Gamesa vie for major Brazilian wind farm contracts

Wind turbine makers Nordex SE and Siemens Gamesa Renewable Energy SA are vying for contracts with companies that won major auctions last week to build new wind farms in Brazil, Reuters reported. Projects whose licenses were auctioned last week
21.12.2017 14:58

Belarus to fully forgo electricity imports in 2018

Minsk has vowed to fully discontinue imports of electricity in 2018, even from Russia, Minister of Energy of Belarus Vladimir Potupchik said, quoted by TASS. "We have wrapped up negotiations with Russia on electricity imports. We refuse to
21.12.2017 10:24

EPS: Household electricity prices in Serbia to remain below market prices for a long period

Electricity prices for households are far below what market prices should be in Serbia, according to Serbian public power utility Elektroprivreda Srbije (EPS) said, Balkan Green Energy News reported. Dragan Vlaisavljević, EPS Executive Director in
20.12.2017 17:23

South Korea to increase solar power generation by five times by 2030

South Korea said it plans to increase its solar-generated power by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix, Reuters reported.   Since President Moon Jae-in came to power in May
20.12.2017 15:41

IEA: Coal Demand to Remain Flat to 2022

Global demand for coal should remain nearly flat between 2017 and 2022, resulting in a decade of stagnation for coal consumption, according to the International Energy Agency’s annual coal market report.   Global coal consumption fell
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Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
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