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Electric Car
Global Electric Car Sales Surge in 2022 on Strong Government Policies, IEA Says
China, Europe and the US drive most of the growth in the first quarter, IEA says.
Carbon Emissions
Tesla Investor Streur Says Carmaker Still Believes in ESG
Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investin…
Norway
Norway Oil Firm Okea to Initiate Dividend, Buy North Sea Assets
Norwegian independent petroleum firm Okea announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producin…
Hydrogen Production
Denmark’s Topsoe Plans Europe’s Largest Electrolyser Plant
Danish engineering group Topsoe plans to build Europe's biggest plant making electrolysers - machines that produce the green hydrogen considered a cornerstone o…
LNG
Norway’s Hammerfest LNG Plant Extends Outage Until May 27
Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020,…
OPEC
Five Major Challenges Facing the Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head…
Nuclear Power Plant
Nuclear Included in EU's Repowering Plan
The European Commission has formally adopted the REPowerEU plan which aims to rapidly reduce EU dependence on Russian fossil fuels.
Offshore Wind Power
North Sea Countries Commit to 150GW Offshore Wind Development Plan
Four European countries have signed a declaration committing to develop 150GW of offshore wind in the North Sea by 2050.
Energy Transition
IRENA Backs UN Call to Speed up Energy Transition
UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.
EU
Europe Admits It’ll Have to Burn More Coal as It Tries to Wean Itself off Russian Energy
The EU’s desire to wean itself off Russian hydrocarbons means it will need to find oil and gas from other parts of the world to plug supply gaps.
Nuclear Power Plant
EDF Revises up Cost of Nuclear Power Plant Outages
The French nuclear power operator EDF says that the programme of inspections and repairs related to the stress corrosion issue means it has increased the hit it…
Energy Security
EU Unveils €300BN Package to Slash Reliance on Russia’s Energy
The EU Commission President has highlighted the need for a “rapid reduction” in European reliance on Russian oil and gas.
EU
Renewables and Clean Transport Among Projects Backed With €7.3M EU Funding
The funding will enable companies and utilities to implement measures for protection against a more extreme climate and other disasters.
Solar Power Panel
About One-Third of Disused PV Panels Fit for Reuse, Says Australian Consortium
Reclaim PV Recycling and the Circular PV Alliance (CPVA) have have agreed to jointly develop standards and testing procedures to support the reuse and resale of…
LNG
EU Unveils 210 Bln Euro Plan to Ditch Russian Fossil Fuels
The European Commission on Wednesday unveiled a 210 billion euro plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away …
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