MUSCAT: Oman’s electricity market is set for a major transformation following the introduction of a new regulatory framework allowing renewable energy producers to sell electricity directly to eligible consumers, ending the sector’s long-standing reliance on a single-buyer model for renewable power transactions. According to legal experts, the Authority for Public Services Regulation’s (APSR) Decision No. […]
MUSCAT: Oman’s ambitious pipeline of smart cities and urban development projects is expected to create demand for around 6.7 gigawatts (GW) of additional power generation capacity over the long term, requiring major expansion and modernisation of the Sultanate of Oman’s electricity transmission infrastructure, according to Oman Electricity Transmission Company (OETC). The majority state-owned grid operator […]
MUSCAT, JUNE 21 The Special Economic Zone at Duqm (SEZAD) has highlighted major tourism and energy developments with a combined value of approximately $1.39 billion, reflecting the scale of projects planned and under development in the fast-growing economic hub. Among the projects showcased is a tourism development valued at $480 million under a cooperation memorandum […]
Muscat: Enegix Global, a multi-jurisdiction digital infrastructure and Bitcoin mining group, has announced that it has been appointed as the technological and liquidity infrastructure provider for Omanhash.om, described as the Sultanate of Oman’s first national digital mining pool. The launch of Omanhash.om marks a significant step in Oman’s efforts to attract large-scale cryptocurrency mining investment […]
Australia’s widening generational gap of wealth and inequality could reach record levels within years, suggests recent research. This tension is playing out in national debates over the budget and the housing crisis, as well as provocative new books and films taking aim at baby boomers. But centuries ago, Anglo–Irish politician Edmund Burke painted a very […]
Retirement planning might seem like a thoroughly modern concern, with pensions, investments and annuities forming part of today’s financial toolkit. But these financial tools are much older than they appear. In the later Middle Ages, people were already exchanging lump sums for steady income streams – and, in cities like Vienna, these arrangements underpinned entire […]
Artificial intelligence (AI) use is exploding. More than 50 per cent of new internet content was generated by AI in 2025, according to an industry report. We even train AI on AI-generated content now and, although this can degrade performance, it continues at breakneck pace. All this AI is consuming a lot of energy. It’s […]
Russia’s ongoing war against Ukraine is often, and misleadingly, characterised as a great power conflict. The narrative goes like this: Russia went to war against Ukraine because it felt threatened by NATO’s enlargement into eastern Europe after 1991. The real enemy is the United States, which is, at the very least, “principally responsible” for the […]
MUSCAT, JUNE 16 Oman’s 870-megawatt Duqm gas-fired power plant has secured a $385 million engineering, procurement and construction (EPC) contract, advancing one of the Sultanate of Oman’s largest new power generation projects. South Korea’s Doosan Enerbility said it had signed the contract with Coastal Power SAOC, the project company established to develop the plant in […]
Australia’s big clean energy projects get a lot of attention, from giant solar farms to the Snowy 2.0 pumped hydro scheme. So too does the push for rooftop solar and home batteries. What often gets overlooked are the innovations underway where the power grid ends. It costs power utilities a lot to keep these towns […]
