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Smart Grid
Iberdrola Inks €220M Top-Up Loan with EU Bank for Smart Grids in Spain
The loan increase, which brings the total to around €820m, will support the development, modernisation and digitalisation of Iberdrola’s electricity distribut…
Net Zero Emission
Task Force Launches to Promote Space Applications for Energy
The European Space Agency (ESA), EPRI and other founding members have launched the Task Force for Innovation in Energy Through Space.
Geothermal Power Plant
Europe Is Betting Big On Geothermal Energy
Europe’s geothermal market is set to receive a major b oost in the coming years.
Crude Oil
U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others
The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.…
Smart Grid
Iberdrola Taps EIB for €220M Smart Grid Development
The European Investment Bank (EIB) and Iberdrola have agreed to increase the green loan signed in 2021 with a top up of €220 million ($215 million) to strength…
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
Solar Technology
Emrod Demonstrates Power-Beaming Technology to Unlock Space-Based Solar Power
Emrod has recently demonstrated its technology for space-based solar power (SBSP) applications in a collaboration with the European Space Agency (ESA), Airbus a…
Natural Gas
Fourth Gas Leak at Nord Stream Found
Authority supervising the Swedish coastline has confirmed its findings while the US reaffirmed its support to its European allies
United Kingdom
Britain Has Exported More Power to EU Than Ever Before
The country became a net exporter of electricity for three months of the year
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…
Natural Gas
OPEC+ Has Begun Talks on Output Cut at Oct. 5 Meeting
Leading OPEC+ members have begun discussions about an oil output cut at the group's next meeting on Oct. 5, three sources told Reuters.
Natural Gas
German Gas Price Brake to Cost Between 15 Bln and 24 Bln Euros
A brake on gas prices currently being discussed by the German government could cost between 15 billion and 24 billion euros, depending on market price developme…
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
Digitalising Europe’s Energy Sector to Accelerate Decarbonisation
The EU’s forthcoming action plan on the digitalisation of the energy sector is intended as the next step in the green transition.
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.
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