Browsing: REGIONAL

Canada’s general government deficit reached 16.4 billion dollars in the first quarter of 2026, widening by 1.5 billion dollars from a year earlier, as marginal spending growth of 0.4 percent coincided with a 0.1 percent decline in revenue, according to Statistics Canada.

Global oil markets have retreated from crisis highs as exports through the Strait of Hormuz begin to recover, yet the latest assessments from the International Energy Agency suggest that the apparent stabilization masks structural vulnerabilities that extend well beyond the Middle East and increasingly shape energy policy across Asia.

General Fusion says its Lawson Machine 26 has achieved electron temperatures of approximately 0.72 keV, or 8.4 million degrees Celsius, bringing the company closer to its first major milestone of 1 keV and offering one of the clearest demonstrations to date of its magnetized target fusion approach at commercially relevant scale.

China aims to source half of its electricity generation from non-fossil fuels by 2030, up from a target of 42.3% in 2025, according to the country’s newly released 15th Five-Year Plan for Building a New Energy System.

The United States has brought only two new large nuclear reactors online in the past three decades, despite repeated attempts to revive the industry. The Department of Energy’s decision to make $17.5 billion in loans available for ten new reactors represents the most significant federal effort in years to reverse that trend and determine whether standardized deployment can finally overcome the cost overruns and delays that have defined modern U.S. nuclear construction.

The United States is on track to reach 200GW and 655GWh of cumulative energy storage capacity by 2031, nearly four times today’s installed base, according to Wood Mackenzie’s Q2 2026 US Energy Storage Monitor.

A new Finnish consortium, MatH2, has been launched to address one of the hydrogen economy’s least resolved bottlenecks. Led by the VTT Technical Research Centre of Finland Ltd and supported through a co-innovation program funded by Business Finland, the initiative brings together ten industrial and research partners spanning materials suppliers, component manufacturers, technology developers, and end users.

A new concept unveiled by Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation, offers a glimpse into how Beijing…

Brazil’s northeastern state of Rio Grande do Norte is seeking to position itself within the increasingly crowded global green hydrogen market, leveraging some of the world’s strongest wind resources and a consortium of major German industrial companies to support a proposed €2 billion export project aimed at European customers.

The world added renewable energy capacity at a record pace and pushed clean electricity generation above 30 percent of global supply, yet 655 million people still lived without electricity in 2024 and roughly two billion lacked access to clean cooking technologies.