HD Hyundai and TerraPower have joined hands to bolster the global manufacturing supply chain for the latter’s Natrium reactors and accelerate the commercialization of advanced nuclear power technology, the two companies announced Wednesday. According to the announcement, the collaboration will combine HD Hyundai Heavy Industries’ manufacturing expertise with TerraPower’s reactor technology and increase supply chain...
South Korea and the United States have agreed to establish a working-level group to discuss a gas pipeline project in Alaska, energy, shipbuilding, tariffs and non-tariff barriers, South Korea’s Industry Minister Ahn Duk-geun said on Tuesday. The United States has asked South Korea and other countries if they are interested in participating in an Alaskan...
The attempt to force an economically foolish energy transition onto its people turned Germany from global envy into a cautionary tale. The U.S. must heed the warning—if Congress and the administration fail to fix America’s broken regulatory process, America’s energy dominance and economic prowess could suffer a similar fate, with similar political consequences.
Polish refiner Orlen (PKN.WA) and Norway’s Equinor (EQNR.OL) signed on Monday a memorandum of understanding (MoU) on the development of carbon capture and storage (CCS) projects. The documents were signed by Irene Rummelhoff – Executive Vice President at Equinor, and Wieslaw Prugar, Orlen management board member in charge of upstream. Under the memorandum, Orlen and Equinor will...
India has the second-largest clean power capacity development pipeline globally after China, with nearly 56,000 megawatts of new renewables, hydro and nuclear capacity under construction. Clean energy sources account for two-thirds of the all the new power capacity under development in India, according to Global Energy Monitor (GEM) data, and will result in a 35%...
After the Trump administration put a new 10% tariff on Chinese products earlier this month, Agilian Technology, an electronics manufacturer in China, pressed forward with its plan to avoid additional levies. In the run-up to last year’s election, Agilian grew worried that the U.S. would introduce new tariffs if Donald Trump returned to the White House, and one of...
South Korea has scaled down its plans for nuclear power after the impeachment of President Yoon Suk Yeol, an atomic energy advocate, gave the opposition party greater influence over the country’s long-term energy policy. The Asian nation expects to add a total of 3.5 gigawatts of nuclear capacity by 2038, according to a government plan finalized...
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realise a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia. Trump and his energy tsar Doug Burgum framed the venture as a way for Japan to replace Middle...
A little over two years ago, representatives of President Joe Biden and Indian Prime Minister Narendra Modi reiterated a commitment to a “strategic clean energy partnership,” stressing that “climate and clean energy collaboration should promote energy access, affordability, energy justice, while supporting sustainable economic growth and just energy transitions.” And just last September, the Biden and Modi...
The European Commission published its long-term “vision”for the European Union’s agriculture and food policy on Wednesday, setting out ambitions for a sector that has been at the center of political protests, trade tensions and regulatory headaches. Agriculture Commissioner Christophe Hansen’s paper lays out a roadmap through 2040, promising better conditions for farmers, fairer supply chains, and...
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