Cloud-based management system secures £1.8m injection

Cloud-based management system secures £1.8m injection

Technology which is expected to revolutionise how offshore oil and gas industry projects are resourced has secured a further £1.8 million of private investment.Mr Mason said the technology, which facilitates working remotely, “can help the upstream oil and gas industry transform itself to suit the needs of today’s and tomorrow’s workforce”.

COAG’s new reliability threshold spooks renewables industry, regulators respond

COAG’s new reliability threshold spooks renewables industry, regulators respond

Following a review of the reliability standard undertaken by the Energy Security Board, energy ministers agreed to introduce a range of new interim energy security measures, during a meeting dominated by the immediate need to respond to the COVID-19 outbreak .“Ministers agreed to implement interim measures to deliver further reliability by establishing an out-of-market capacity reserve and amending triggering arrangements for the Retailer Reliability Obligation (RRO),” the COAG Energy Council communique says.

Renewable energy loses ground in Korea due to faulty policies

Renewable energy loses ground in Korea due to faulty policies

This is because the government sliced weighted value on biomass dramatically starting 2018 to cut dependence on the fuel and to promote generating electricity with cleaner renewable energy sources.