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Romania
Romanian Government Partially Regulates Energy Markets Until 2025
Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…
Energy Transition
Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25
Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…
Germany
Germany Must Ask High Earners to Help With Energy Relief - Economic Council
Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that need help are on the receiving en…
Carbon Emissions
DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…
Shell Signs Agreement to Acquire ECL Business of PANOLIN
Wholly-owned subsidiaries of Shell plc in Switzerland, the UK, the US, and Sweden have entered into agreements to acquire the environmentally considerate lubric…
Smart Grid
E.ON Launches Digital Business to Manage Grid Complexity
Germany-based electric utility company E.ON has launched a subsidiary, E.ON One, in a digitalisation push.
Carbon Emissions
Microsoft's President Warns of Talent Shortage for Tackling Climate Change
Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability.
Green Investment Group Buys BayWa r.e. Bioenergy Platform
Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.
GE’s Renewables Business Reports $1.8bn Loss so Far This Year
Industrial giant GE reported a bumpy third quarter across its renewable energy and power business segments.
Hydrogen Project
UK Trial Will Inject Hydrogen Into a Gas-Fired, Grid-Connected Power Station
The hydrogen will be injected by Centrica Business Solutions into a gas-peaking plant in Lincolnshire, east England.
Natural Gas
Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward
German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co…
Electric Car
Nikola Expects Inflation Reduction Act to Lower Hydrogen, Truck Costs
Incentives provided by the recently passed Inflation Reduction Act (IRA) will help Nikola Corp by lowering costs of its electric trucks and hydrogen energy busi…
Ireland
Ireland to Extend Business Energy Supports to Newly Opened Businesses
Irish businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established…
Is Westinghouse $7bn Acquisition a Sign of Nuclear’s Revival?
Cameco Corporation and Brookfield Renewable Partners are forming a partnership to acquire US nuclear services business Westinghouse Electric Company, signaling …
Electric Car
GM Launches Energy Storage Business
GM Energy is aimed to provide a range of home, business and electric vehicle (EV) energy storage and charging products and services.
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