Daily Newsletter

20 October 2023

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Daily Newsletter

20 October 2023

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Spotlight

Canadian Government announces C$20m of funding for coal phase-out

The provinces of Nova Scotia and New Brunswick will receive the funding along with additional funds to develop small modular reactors (SMRs).

Latest news

Australia pension fund to invest A$2bn in clean energy

The funds will go towards the establishment of the Birdwood Distributed Energy Platform, which has already purchased two operating solar farms.

20 October 2023

UK’s Crown Estate grants Cornish Tin rights to explore for gold

Cornish Tin mines primarily for tin and lithium, both considered essential to energy transition technologies.

20 October 2023

Fugro to conduct geophysical survey for RWE’s Thor offshore wind farm

Located 22km offshore Thorsminde, Denmark, the Thor wind farm will have 1GW of capacity.

20 October 2023

GE begins operations at 1.8GW gas-fired power plant in UAE

GE's three 9HA.01 gas turbines can be powered by natural gas blended with up to 50% hydrogen.

20 October 2023

Lightsource bp begins operations at 135MW solar farm in Arkansas

The power generated from the solar project will be sold to Conway Corp under a 20-year power purchase agreement.

20 October 2023

Elering and AST to build a hybrid interconnector with 1GW capacity

As the fourth interconnector between Estonia and Latvia, it will be built in hybrid mode to support the inclusion of renewables.

20 October 2023

AI will severely impact almost a fifth of jobs, Indeed says

20 October 2023

Nuclear Power dynamics in China

potential reservoirs. ML algorithms are also capable of analyzing production data and identifying patterns that can be used to improve well performance. Overall, machine learning has the potential to improve efficiency, increase production, and reduce costs in the oil and gas industry.