Blykalla-Hitachi partnership to commercialise lead‑cooled SMRs
Swedish reactor developer Blykalla has signed a memorandum of understanding (MoU) with Hitachi Energy to co‑design electrical infrastructure and digital tools for deploying Blykalla’s lead‑cooled small modular reactors (SMRs). The partners will initially target data centres and energy‑intensive industries, designing grid connections and on‑site electrical systems to support continuous, high‑quality power. Blykalla has applied to build […]
XRG, Eni to acquire minority stakes in major Argentine LNG project
Abu Dhabi’s XRG and Italy’s Eni have agreed to acquire 32% stakes each in three upstream blocks in Argentina’s Vaca Muerta shale basin, one of the world’s largest shale formations. State‑controlled YPF will retain a 36% stake. Gas from the Meseta Buena Esperanza, Aguada Villanueva and Las Tacanas blocks will feed Argentina’s planned 12 million […]
EU signs historic tripartite agreement on energy storage deployment
The European Commission and 22 EU member states have signed the first‑ever tripartite agreement uniting governments, industry and finance to accelerate energy storage deployment. The commitments total 30-35 GW of new storage by 2028, although… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Andy Burnham pledges utility devolution and ‘No 10 North’
Labour MP Andy Burnham, widely seen as the UK’s likely next prime minister, has set out a ten‑year mission to devolve power from Whitehall. He pledged to shift political decision‑making to the regions and vowed to deliver the largest council‑house‑building programme in decades. Burnham said he would give local authorities greater control over water, energy […]
Shell sees LNG demand rising 65% by 2050 as Asia reshapes global market
Shell expects global LNG demand to rise from 422 million tonnes in 2025 to nearly 700 million tonnes a year by 2050, driven chiefly by South and Southeast Asia. The forecast comes as disruption in… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]