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Smart Grid
$10.5 billion programme for US grid upgrades launched
The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid…
Smart Meter
EDF Looks to Pay as You Go Meters amid British Billing Crisis
Electric utility company Électricité de France (EDF) has announced support packages for British consumers, one of which involves using smart prepayment meters…
Nuclear Reactor
South Korea’s SK invests $250m in Bill Gates’ TerraPower
The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia
Natural Gas
Germany to Slash Tax on Household Energy Bills
VAT on gas has been cut to 7% to help people with soaring energy costs
Wind Farm
Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.
United States
U.S. To Spend More Than $500 Billion on Climate Over a Decade Under Three Laws, Study Says
The U.S. government will spend more than $500 billion on climate technology and clean energy over the next decade under three recently enacted laws, an analysis…
Offshore Wind Power
Germany Has Potential for 82 GW of Offshore Wind Power
Germany now has 7.8 GW of offshore wind turbines in operation that generated 12 billion kWh of wind power in the first half of 2022.
Natural Gas
Italian Manufacturers Cut Output to Save Energy, Government Official Says
Energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring bills, a top official at the ecological transit…
India
India May Not Reach 175GW RE Capacity Target by 2022: Fitch
The passage of the Energy Conservation (Amendment) Bill will support its growth.
Wind Farm
Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements
Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.
Smart Meter
Switch2 Energy Releases Heat Savings Calculator amid Cost of Living Crisis in UK
As energy bills are on a staggering rise, a new heat network efficiency savings calculator has been made available to UK network operators by Switch2 Energy as …
Hydrogen Production
2022—the Year the Hydrogen Economy Launched?
The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
CCS
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…
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