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Natural Gas
Hungary Warns Against Further EU Sanctions on Russia
Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.
Biomass Power Plant
Doosan Škoda Supplies Turbines for La Reunion Coal-To-Biomass Conversion
Czech turbine manufacturer Doosan Škoda Power had been awarded a contract for a biomass plant on the island of La Reunion.
Solar Cell
Naturgy Builds 683 MW of Wind and Solar Power in Spain
The company currently has 20 wind farms and photovoltaic projects under construction and will start work on another 9 facilities in the coming weeks, with a tot…
Oil Price
U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery
The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.
Electric Vehicle Battery
Fortum Launches Li-Ion Recycling Hub in Germany
Fortum has launched Fortum Batterie Recycling GmbH in Germany to provide safe and sustainable electric vehicle (EV) battery recycling in central Europe.
Carbon Neutral
South Korea to Strengthen Energy Cooperation With ASEAN
Areas of focus will include the enhancement of clean energy and data exchange.
Energy Storage Battery
EC Announces €19.8MN for Croatian Grid Balancing Batteries
The European Commission has approved, under EU State aid rules, a €19.8 million Croatian aid measure aiming to help with the procurement and installation of gr…
Oil Shale
Australia’s Origin Energy Quits Shale Gas Exploration
The logo of Australian energy company Origin is pictured in Melbourne, Australia, July 3, 2016. Picture taken July 3, 2016. REUTERS/Jason Reed/File Photo
Net Zero Emission
What Are Climate Bonds?
The EU Commission presented an energy crisis emergency plan this week.
EU
European Commission – Demand Reduction and Taxes to Tackle Energy Costs
The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.
Offshore Wind Power
North Seas Energy Cooperation Commits to 260GW Offshore Wind by 2050
North Seas Energy Cooperation country energy ministers have committed to reaching over 85% of the European Union’s 2050 offshore wind capacity ambition.
EU
Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments
The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.
Energy Saving
EU Parliament Backs Higher Targets on Renewables and Energy Savings
European Union lawmakers voted on Wednesday to raise the bloc's targets to expand renewable power and save energy, backing proposals that had been made more amb…
Energy Saving
Energy Efficiency Needs Priority in Hungary’s Energy Policy – IEA
The IEA has released its annual review of Hungary’s energy policy, stating that energy efficiency needs to be central in the coming years for the European coun…
Energy Storage Project
EU Approves €20 Million State Aid to Energy Storage Company in Croatia
The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a ser…
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