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US is Becoming the Second Most Attractive Renewable Energy Market in the World

EY’s Renewable Energy Country Attractiveness Index shows that the United States has moved ahead to the second only to China. While it ranked the third last year because of Trump’s fossil fuel industry revival...

2018 World Coal Price Forecast

The world coal consumption and production remained successive annual decline in 2016, fell by 1.7% and 6.2% respectively. In 2017, world coal market keeps sluggish growth, forecasted by IEA, the peak of world coal...

India Government Unlikely to Scrap Customs Duty on Import of Solar Panels

India government rejected requests from the Ministry of New and Renewable Energy (MNRE) to cancel tariffs on solar panels imposed last year, according to the minutes of a meeting held earlier this month. Therefore,...

Energy Transition: Portugal Breaks 100% Renewables Mark

Last month, Portugal's renewable electricity output exceeded its monthly total grid demand, according to REN, the operator of the national transmission system. The average renewable energy for this month exceeded 103% of consumption, 55%...

China, Japan Chase for Philippines’ First LNG Terminal

The Philippines has become a new front in Japan and China's intense rivalry in overseas infrastructure as companies from both countries are rushing to build the first liquefied natural gas (LNG) import terminal in the Southeast...

China Has Halted Its US Soybean Orders Due to Trade Tensions

The market fear has raised since China issued the new tariff list of 106 U.S. products. Targeting at soybean, corn, cotton, sorghum and other U.S. agricultural exports, the additional tariff would result in the...

The Iran Oil Lever Over Trump by China is Playing Out at OPEC Meeting

The U.S. trade dispute with China is likely to determine in a roundabout way how successful the U.S. is in imposing sanctions on Iran’s oil, and that uncertainty is likely to emerge in OPEC. In...

China Leaps in Nuclear Power Industry

On June 29, the world’s first EPR stationed in Taishan, a coastal county-level city in South China’s Guangdong province, was connected to national electric grid. And on June 30, the world’s first AP 1000...

Chinese Power Producers Seek More Coal During New Year Holidays

At the end of January in the new year, Chinese major power producers asked the country's National Development Reform Commission to increase coal supplies during the Lunar New Year holidays as they expect near-term...

Oil Giant BP Taps Into Electric Car Charging Market

The global oil magnet British Petroleum (BP) has bought Chargemaster, the country's biggest electric car charging operator, signaling the energy major’s concern about the impact of low-carbon vehicles on its core business, as well...

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...