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Natural Gas
German Economic Institutes See 2023 Contraction as Gas Crisis Hits
Four leading German economic institutes have almost halved their spring economic growth forecast for Europe's largest economy this year and slashed their 2023 p…
Oil Giant Shell Snaps up African Solar Provider Daystar Power
Oil giant Royal Dutch Shell will purchase African solar provider Daystar Power as it expands its global renewables portfolio, the companies said on Wednesday.
Energy Investment
Dubai Investment Fund in Projects Across Australia & Europe
Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, has announced that it will be investing …
Energy Transition
New VC Fund for Energy Transition Start-Ups in Europe
EIT InnoEnergy and Santander Asset Management are partnering on the new, yet to be named, climate tech investment vehicle.
Net Zero Emission
Australian State Unveils $40 Bln Clean Energy Plan to Slash Reliance on Coal
One of Australia's top coal-producing states said it will convert its coal-fired power plants to renewable hubs by 2035 under a A$62 billion clean energy plan u…
France
French Grid Operator RTE to Return More Than 1 Bln Euros to Clients
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this …
EU
EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document
European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emerge…
Australia
Australia’s ZEN Energy, ACCIONA Energía Enter 10-Year PPA
ZEN will buy 34% of Waubra Wind Farm’s total generation.
Renewable Energy Employment Reaches 12.7 Million in 2021
Around 700,000 new workers were employed last year.
Carbon Emissions
Australian State to Invest $100 Mln in Energy Storage in Push to Cut Emissions
Australia's Victoria state said on Tuesday it would invest A$157 million to boost battery energy storage, as it pushes to source half its electricity from wind …
Natural Gas
Germany Considers Price Caps as Energy Crisis Worsens
Germany looks to cap the prices of electricity and natural gas to help households and businesses reel from the soaring energy prices.
Offshore Wind Power
Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says
Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.
Thermal Coal
HSBC Fund Arm Toughens Thermal Coal Policy to Curb Climate Change
HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an…
Natural Gas
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Belgium
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 t…
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