A Smatrics electric vehicle charging station in Austria. Hydrogen

BP dials up electric vehicle growth forecast

The latest edition of BP’s Energy Outlook paints a rosy picture for the future of EVs.

By Silvia Favasuli 21 February 2018

Bullish outlook for Asia’s nuclear capacity

The Fukushima disaster has caused Japan, Korea and Taiwan to rein in their nuclear ambitions in the face of public opposition – but other Asian states are planning big expansions.

6 August 2015

EDF considers sale of European assets

French power giant EDF may sell its fossil fuel production and generation assets in Italy and elsewhere on Continental Europe to focus on nuclear and renewables.

3 August 2015

Endesa Chile to phase out coal

Endesa Chile will no longer build coal plants in the country and has cancelled the Punta Alcalde coal project as part of its strategy to phase out its use of the fuel.

30 July 2015

French carbon tax offers some respite for gas

With a planned cap on nuclear generation on the drawing board, gas-to-power could stand to gain in France but faces significant hurdles.

28 July 2015

UK planning to cut renewable subsidies

The UK’s Department of Energy and Climate Change is holding a consultation on plans to cut renewable energy subsidies for biomass projects and solar PV installations.

22 July 2015

Japanese nuclear reactor almost ready for restart

The first of Japan’s nuclear power plants slated to restart following the Fukushima disaster is nearly ready to come back online.

21 July 2015

MEPs fail to embrace ETS reforms

The reforms to the EU’s Emissions Trading System proposed this week by the European Commission do not go far enough to restore credibility to the system, critics say.

16 July 2015

Iran agrees to nuclear deal

Iran has agreed to a deal that limits its nuclear activity, and in return the US, UK, France, China, Russia and Germany will lift economic sanctions against it.

14 July 2015
Crude oil

Gas delays could see Saudi Arabia consume more crude

Saudi Arabia may consume more crude oil if output from two of the country’s gas fields is delayed, Jadwa Investment has said in a research note.

10 July 2015

ENTSO-E report predicts coal plant closures

Gas will increasingly replace coal in Europe's power generation mix up to 2025, according to the European Network of Transmission System Operators for Electricity.

8 July 2015

UK reaches record level of renewable electricity

Renewable electricity generation hit a record 21.1 TWh in Q1 2015, an increase of 15% on the same period a year earlier.

3 July 2015

Hybrid tech could join LNG as a marine fuel

Battery systems will complement LNG as a power source for ships as tougher emissions limits kick in, but the technologies could find it hard to secure funding.

3 July 2015

Belgium risks power shortage in September

Belgium may need to import more electricity than it is physically able to in September, if a worst-case scenario of maintenance work and low renewables production materialises.

29 June 2015

Businesses call for nuclear restarts in Japan

Businesses in Osaka have called on the government to speed up the process of restarting Japan’s idle nuclear power plants to reduce the burden of rising power costs.

24 June 2015
Crude oil

Japan returns to trade surplus in 2015

Japan posted a trade surplus for the first time since 2012 in February – the same month LNG became the country’s principal import commodity above crude oil.

18 June 2015

EU’s renewables target still a challenge – report

A number of EU countries may find it challenging to reach their legally binding 2020 renewables targets despite being on track to meet their interim national targets.

17 June 2015

Asia Pacific covers just 20% of global gas demand

Asia Pacific was only responsible for 20% of global consumption in 2014, despite its huge energy demand.

11 June 2015
Crude oil

Oil consumption to increase in H2 2015 – OPEC

OPEC is maintaining its global oil demand forecast in 2015 at 92.5 million barrels per day, and expects consumption will increase in the second half of the year.

10 June 2015

Czechs look to nuclear over gas for 2040 strategy

The Czech government has approved a long-term energy strategy that envisages a stronger role for nuclear by 2040 – but gas could still play a part.

8 June 2015

Saudi Arabia plans switch to renewables

Yanbu and Jubail are Saudi Arabia’s most important hubs for the hydrocarbon industry, but will also pioneer a shift into manufacturing renewable energy components.

5 June 2015

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