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Construction Begins on £9M Green Energy Hub in Aberdeen

Renewable Energy

Construction Begins on £9M Green Energy Hub in Aberdeen

Belgium
23-09-2022

Thousands Take to the Streets in Belgium Against Soaring Energy Prices
Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest the day before in Slovakia, and earlier this month in the Czech Republic.
Natural Gas
23-09-2022

Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’
Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices ahead of winter.
United Kingdom
23-09-2022

Cost of UK Support to Cap Energy Bills to Be Set Out on Friday
Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.
Hydrogen Project
23-09-2022

EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development
The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable and low-carbon hydrogen.
Natural Gas
23-09-2022

Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln
Germany confirms nationalisation of gas importer Uniper.
Natural Gas
22-09-2022

Germany Could Nationalize Uniper as Early as Next Week
The German government, energy giant Uniper, and its majority shareholder, Fortum, have reached a preliminary agreement under which Germany will nationalize the country’s largest gas importer.
Wind Power Project
21-09-2022

ØRsted Completes Acquisition of German and French Onshore Wind Platform Ostwind
Ørsted has today completed the acquisition of a 100 % equity interest in OSTWIND
Natural Gas
20-09-2022

Uniper Weighs Nationalisation Amid Energy Market Turmoil
German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequences of the war in Ukraine.
Net Zero Emission
16-09-2022

US Invests $178M to Advance Bioenergy Technology
A total of 37 projects will develop new technologies that engineer plants and microbes into bioenergy and improve carbon storage
Wind Farm
15-09-2022

Iberdrola Sells Share of Wind Farm for €700M
A Swiss infrastructure investment firm will own a 49% stake in Wikinger offshore wind farm in Germany
Solar Materials
14-09-2022

Jinkosolar Signs Two Polysilicon Supply Contracts in a Month Totalling Nearly Us$30 Billion
JinkoSolar has signed a major polysilicon supply contract worth more than RMB103.3 billion (US$14.9 billion).
Poland
14-09-2022

Poland to Freeze Electricity Prices for Households in 2023
Poland plans to freeze in 2023 electricity prices at current levels for households consuming less energy, the ruling Law and Justice (PiS) leader said on Tuesday, as the government looks for ways to shield consumers from soaring prices.
EU
14-09-2022

EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms
It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred between 2021 and 2030
Net Zero Emission
13-09-2022

Around 13 Million Workers to Join Energy Sector by 2030: IEA
It is expected to double under the net-zero emissions scenario.
Net Zero Emission
13-09-2022

Singapore Bank DBS Sets Decarbonisation Targets for Key Sectors
Singapore's DBS Group has set decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitment to net-zero financed emissions by 2050.
Energy Transition
13-09-2022

Egypt Climate Champion Calls for New Metric on Climate Finance
Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unfulfilled - $100 billion that rich nations had pledged to deliver each year.
11-09-2022

Energy Sector Employment Exceeds Pre-Pandemic Levels: IEA
It may increase by 6% in 2022.
Smart Grid
10-09-2022

Smart Energy Finances: Gridspertise Tech Alliance and Enel Finance’s €1B Sustainability Bond
This week’s iteration of Smart Energy Finances looks to partnerships and sustainability bonds announced under the Enel umbrella.
Germany
08-09-2022

Germany to Subsidise Basic Level of Power for Homes, Businesses - Ministry Paper
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Ministry paper seen by Reuters on Thursday.
Oil & Gas Trade
08-09-2022

New UK Prime Minister Opposes Windfall Tax on Energy Companies
UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.
EU
08-09-2022

European Utilities Rally as EU Unveils Rescue Plan
Just hours after the European Commission proposed caps on power prices across the bloc, European utilities have rallied, with stocks gaining on indications that a price cap plan will include ways to increase liquidity for energy companies
Oil Price
08-09-2022

What Will Be Inside UK’s Energy Bill Package for Households and Businesses?
Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week
Energy Transition
07-09-2022

Iberdrola Invests 3,000 Million Euros in Australia to Lead the Energy Transition
The Chairman of Iberdrola has held a meeting with the Premier of the State of Victoria, Daniel Andrews, and the Minister for Energy, Environment, Climate Action and Solar Homes, Lilly D’Ambrosio.
France
06-09-2022

France to Pick New EDF Boss in “Coming Days” - Minister
France will pick the new boss of state-controlled power giant EDF in the next few days, the finance minister said on Tuesday
Energy Transition
04-09-2022

Transport Group CMA CGM Launches $1.5 Bln Energy Fund
French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shipping and logistics, it said on Sunday.

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