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Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027

POWER Magazine

Advanced nuclear firm Oklo has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), marking a key regulatory milestone in the siting and environmental review of its first commercial […] The post Oklo Advances Siting, On Track for Aurora Nuclear Fast Reactor Deployment at INL in 2027 appeared first on POWER Magazine.

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EIA Says U.S. Oil Production Will Peak in 2027

OilPrice

crude oil production is set to peak at around 14 million barrels per day (bpd) in 2027, according to the Annual Energy Outlook 2025 of the U.S. Shale-only oil production in the United States will also peak in 2027, the EIAs outlook says. Energy Information Administration (EIA).

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OPEC+ to Begin Discussing 2027 Production Baselines This Week

OilPrice

The OPEC+ group could start talks about establishing the baselines for individual members production quotas for 2027 as early as today, delegates from the alliance told Reuters on Wednesday. Some big OPEC producers, such as Iraq, the United Arab Emirates (UAE), and Kuwait, plan to raise their oil production capacity in the coming years.

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Slovakia Slams EU Plan to End All Russian Energy Imports by 2027

OilPrice

Slovakia criticized on Wednesday the European Commissions roadmap to phase out imports of all kinds of Russian energy by 2027, particularly natural gas, claiming that it is economic suicide that will hurt the EU more than Russia.

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Study Finds Number of Hydrogen Vehicles Could Reach 1 Million Globally by 2027

NGT News

A new study from Juniper Research has found the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022 – a substantial growth of over 1,500%. The post Study Finds Number of Hydrogen Vehicles Could Reach 1 Million Globally by 2027 appeared first on NGT News.

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PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap

POWER Magazine

PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJMs capacity market pricing, agreeing to lower the grid operators auction price cap from over $500/MW-day to $325/MW-day. […] The post PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap appeared first on POWER (..)

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OMV Expects First Gas From Giant Black Sea Project in 2027

OilPrice

Natural gas production from the massive discovery in the Black Sea offshore Romania is expected to begin in 2027, Austrias energy giant OMV said on Wednesday, adding that the project, Neptun Deep, is advancing as scheduled. Initial gas production at Neptun Deep is planned for 2027.

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