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CCS
Eni Signs up for Carbon Capture Deal
Oil major Eni UK has announced the signing of 19 Memorandums of Understanding (MoUs) with companies interested in having their emissions captured, transported a…
Energy Transition
RWE to Spend €15bn on German Decarbonisation Portfolio
German utility RWE has announced a plan to invest €15 billion ($17.1 billion) to expand its portfolio of green energy in a move to accelerate the energy transi…
France
France Remains Europe’s Biggest Power Exporter Despite Winter Imports
France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on imports at the beginnin…
Hydrogen Project
DNV Launches Green Hydrogen Joint Industry Project
Together with 18 industry partners, DNV is launching a new Joint Industry Project to enhance the standardisation for reliable, safe, and cost-efficient hydrogen…
Hydropower Plant
Investments in Hydro Set to Increase in 2022 Says New Research
Hydropower capacity in 2022 is set to exceed 1200GW and investments will climb to $36.3 billion, new research from Rystad Energy has suggested, with hydro set t…
Offshore Wind Power
Norway to Launch 1.5 Gigawatt Offshore Wind Tender
Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of elect…
Siemens Reports “Solid Performance” for Gas and Power
Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.
Oil Price
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
Energy Storage Battery
Solar, Wind and Energy Storage Proposals for New South Wales Renewable Energy Zone Come Flooding in
The Australian state of New South Wales (NSW) has received proposals for more than 34GW of solar, wind and energy storage for its South-West Renewable Energy Zo…
Crude Oil
U.S. Crude Output to Rise 770,000 bpd in 202R
U.S. crude oil output is expected to rise 770,000 barrels per day to 11.97 million bpd in 2022, the government said in a monthly forecast on Tuesday.
Wind Turbine
Canadian Firm Secures $2.4m for Wind Pitch Motor Technology
Canadian firm Enedym has secured CAD$2.4 million (£1.4m) from Sustainable Development Technology Canada (SDTC) to commercialise and advance its Ventium wind pi…
Polysilicon Shortages in Solar PV Markets to End Within 18 Months
The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Re…
Energy Transition
Global Corporates Increase Renewable Energy Acquisition by 24%
Corporates bought 24% more renewable energy capacity in 2021 compared to 2020, according to a new report released by BloombergNEF.
Hydropower Plant
Rystad Energy: Hydropower Growth Set to Continue
The hydropower market will continue its upward trajectory in 2022 as global capacity exceeds 1200 GW for the first time and investments climb to US$36.3 billion…
Rosatom
MBIR Reactor Construction Program Exceeded by 8% in 2021
The construction program for the MBIR research reactor, which is being built on the site of JSC “SSC RIAR” , was exceeded by 8% in 2021.
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