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Carbon Emissions
Rio Tinto to Invest $600 Mln More in Renewable Energy Assets
Rio Tinto Ltd plans to invest a further $600 million in renewable energy assets in the iron ore-rich Pilbara region of Western Australia, the miner said on Wedn…
Energy Saving
Reduced French Energy Consumption Largely Owing to Mild Weather, Says Govt
Energy saving measures by households and businesses accounted for only a small amount of a reduction in French electricity consumption in November, most of whic…
Energy Transition
COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say
Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…
Saudi Arabia
Saudi, Iraqi Energy Ministers Meet, Review Oil Markets
The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023.
PowerGrid Technology
Milestone Marked in SSEN’s Auto Restorative Power Tech
A programme of works by Scottish and Southern Electricity Networks (SSEN) to install technology that helps ‘self-restore’ electricity supplies has reached a m…
Offshore Wind Power
Delay at Scotland’s Largest Offshore Wind Farm Cost Sse £57M
The £3bn Seagreen is expected to become fully complete in the summer of next year.
France
France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…
Israel
Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects
Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investmen…
Czech Republic
Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden o…
EIB-Backed Fund Closed: €220m for Energy Efficiency BTM Projects
SSEF, an EU-focused fund backed by the EIB and advised by Solas Capital AG, has reached final close with investment commitments of €220 million ($228.4 million…
Global Commission Formed to Accelerate Approvals of Renewables, Green Hydrogen
It is expected to present its recommendations to the UN General Assembly in September 2023.
Energy Transition
COP27 Reignites the Debate About Carbon Credits
Some argue that a carbon credit scheme is an essential form of climate financing for developing countries, others argue that it could easily fall prey to green-…
Electric Car
EV Makers Burning Cash Due to Sky-High Raw Material and Production Costs
Many EV start-ups recorded huge losses in September quarter and warn high costs are here to stay due to surging inflation and global supply chain crisis.
Hydrogen Production
Producing Hydrogen by Catalytic Pyrolysis of Biogas
As far as the Paris Agreement is concerned, carbon capture and storage are known to be essential if the world is to have any chance at attaining the target of 1…
Floating Offshore Wind
Global Floating Wind Targets Falling Behind – Report
Targets for 2030 wind production from floating wind farms are set to be missed across the globe, according to the latest report from wind market analysts 4C Off…
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