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Energy Transition
EU to Map Out Escape Route From Russian Fossil Fuels
The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot …
Offshore Wind Power
Four EU Countries to Increase Offshore Wind Power Capacity Tenfold
Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts of offshore wind in the North Sea by 205…
Natural Gas
Surging Natural Gas Prices Squeeze U.S. Industrial Sector
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United S…
Energy Transition
Business Consortium Urges EU to Strengthen Energy Security
More than 100 businesses including Microsoft, Unilever, H&M, and Iberdrola have called for an accelerated energy transition.
Oil Price
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E…
Natural Gas
Spain and Portugal Target Price Cap for Natural Gas to Combat Skyrocketing Inflation
Spiralling inflation has triggered a fresh round of state intervention in Europe, with both Spain and Portugal stepping into their domestic energy markets to cu…
Solar Cell
European PV Subsidies a Divisive Topic
Subsidies for PV projects are a divisive topic in European countries. Mistakes of the past hang over fresh decision-making processes.
Carbon Neutral
Japan Needs to Invest $1.2 Trillion in Decarbonisation over 10 Yrs, Industry Ministry Says
Japan's public and private sectors will need to invest a total of 150 trillion yen in decarbonisation over the next 10 years to help achieve the nation's ambiti…
Solar Cell
Solar PV to Lead over 8% Addtional RE Capacity in 2022: IEA
Global renewable energy installations are expected to reach around 300GW.
Crude Oil
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and look…
Oil & Gas Supply
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expec…
Geothermal Power Plant
2022 European Geothermal Innovation Award Winner to be Announced
The final winner of the Ruggero Bertani award for innovative contributions to the field of geothermal energy will be announced in June 2022.
Electric Car
Japan's Subaru to Build its First Electric Vehicle Factory
The logo of Subaru Corp. is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 25, 2017. REUTERS/Toru HanaiSubaru Corp aims to build a dedicated elec…
Solar Power Plant
Brazil to Become Major Global Solar Market by 2026, Says SolarPower Europe
The world installed a record 167.8 GW of solar in 2021, passing the 1 TW milestone and giving rise to a new international solar star: Brazil.
Energy Security
Russia Slaps Sanctions on Western Energy Firms
Moscow has imposed sanctions on more than 30 EU, US and Singaporean energy companies in a retaliatory move following western penalties imposed on Russian.
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