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Carbon Pricing
IMF Chief Says $75/Ton Carbon Price Needed by 2030
The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.
Energy Technology
Rolls-Royce Provides Uninterruptible Power Systems for Saudi Supercomputer
Rolls Royce will deliver mtu Kinetix PowerPacks for a supercomputer in Saudi Arabia where, in the event of a power outage, the constantly rotating accumulator w…
Energy Storage System
Enel Teams up with Brenmiller to Test Rock-Based Energy Storage
Italy's biggest utility Enel and Israel's Brenmiller Energy have teamed up to build a rock-based storage system in Tuscany as they test new technologies to incr…
Rolls-Royce Provides Power Supply for Supercomputer in the Middle East
Rolls-Royce has commissioned the first six mtu Kinetic PowerPacks for the Shaheen supercomputer located at King Abdullah University for Science and Technology (…
Smart Grid
First Virtual Power Plant Inaugurated in Greek Energy Market
Driven by Greek electricity market reform, emsys VPP has announced the inauguration of the first Virtual Power Plant (VPP) into the Greek electricity market.The…
Hydrogen Production
Dutch Companies, Government Plan Green Hydrogen Corridor With Chile
Representatives from Dutch companies including Port of Rotterdam, Port of Amsterdam, consultants, storage and transportation providers, have set sights on explo…
Energy Storage Battery
Masdar Acquires UK-Based Battery Developer Arlington Energy
This will enable the development of BESS projects under the Masdar-Arlington platform.
Hydropower Plant
Eesti Energia Receives State Support for Pumped-Storage Hydroelectric Power Plant
The joint agency of Enterprise Estonia and KredEx has allocated €584 950 for Eesti Energia to prepare the construction of Estonia’s first hydroelectric energy…
Energy Storage Project
GSF Purchases 200 MW Storage Project
GoreStreet Energy Storage Fund (GSF), London’s, UK, first listed energy storage fund supporting the transition to low-carbon power, has announced that it has a…
Natural Gas
U.S. Natgas Futures Falls 3% on Mild Weather Forecasts
U.S. natural gas futures fell about 3% on Friday on record output and forecasts for mild weather and low heating demand through mid November, which should allow…
Natural Gas
European Natural Gas Prices Fall Amid High Storage Levels and Warm Weather
Concerns are growing about the continent's ability to meet 2023 demand as Russian supplies dwindle.
Energy Storage Battery
Masdar Taps UK Storage Market With Arlington Acquisition
Abu Dhabi-based clean energy company Masdar has acquired UK-based battery energy storage system (BESS) developer Arlington Energy in an effort to expand its pre…
Energy Storage Battery
Masdar Acquires UK-Based Bess Developer, Arlington Energy
UAE-based renewable energy giant says acquisition will allow it to expand its UK and European presence and support net-zero objectives of other countries.
Net Zero Emission
Saudi Aramco Unveils $1.5BN Sustainability Fund
It will initially focus on sectors such as carbon capture and storage, hydrogen, greenhouse gas emissions and energy efficiency.
Solar Technology
Egypt’s First Financed Solar Battery PPA Project Secures Financing
A solar energy company spearheading a solar-plus-storage project in Egypt has secured $2.4 million in financing for the project.
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