Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
The U.S. Department of Energy said on Friday it will sell 18 million barrels of crude oil from its strategic petroleum reserve (SPR) on Dec. 17, as part of a previous plan to try to reduce gasoline prices. The Biden administration announced last month it would release about 50 million …
Read More »China to Encourage Renewable Power Plants to Add Storage
China will encourage renewable power generators to add energy storage or peak-shaving facilities, aiming to boost renewable power consumption and to ensure stable operation of the grid system, the country’s state planner said on Tuesday, Reuters reports. “China’s renewable energy has been developing rapidly in recent years, but shortcomings such …
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