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Natural Gas
EU Greenlights €5BN German Scheme to Support Energy and Trade Intensive Firms
Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices
Net Zero Emission
Canada Advances Rules to Reach a Net-Zero-Emission Grid by 2035
The Canadian government published its proposed Frame for the Clean Electricity Regulations (CER), a follow-up to a discussion paper published in March.
Europe Needs Faster Renewables Growth Rate to Reach Climate Goals
Wind and solar energy deployment in the European Union is not proceeding fast enough to meet global climate goals due to a slow permitting process, a report by …
Oil Price
Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink
IMF slashes global GDP growth forecasts for this year, to 3.2%.
Natural Gas
US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply
Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …
Energy Storage Project
Canadian Solar Announces Transaction With Gresham House
Canadian Solar has announced that it has completed the sale of two fully-permitted solar and battery energy storage projects in the UK to specialist alternative…
Coal Price
Back to Black? Germany’s Coal Power Plan Hits Hurdles
High coal prices, supply bottlenecks and aged plants are posing a challenge to Germany's plan to increase electricity production from hard coal-fired power plan…
Net Zero Emission
Saudi Crown Prince Touts Vertical Living in NEOM’s Zero-Carbon City
The zero-carbon city that Saudi Arabia plans to build at NEOM will vertically layer homes, offices, public parks and schools within a mirrored facade stretching…
United Kingdom
Centrica Slams Octopus’ Proposals for Protecting Consumer Credit Balances
Independent review conducted on behalf of British Gas found that a compulsory co-insurance model would not protect credit balances
Electric Car
Volkswagen-Backed Northvolt to Develop Wood-Based Batteries for EVs
The attempt to develop battery materials from a range of sources comes as major European economies lay out plans to move away from road-based vehicles that use …
Siemens Energy Bags DolWin4 and BorWin4 Grid Connection Contracts
European TSO Amprion Offshore GmbH has commissioned Siemens Energy to supply the necessary technology for the converter stations of the DolWin4 and BorWin4 grid…
Colombia
Colombia Establishes New Regulations on Geothermal Exploration and Exploitation
The new regulation defines the permitting process for geothermal projects in Colombia and establishes a geothermal registry for the details and terms of the pro…
Nuclear Power Plant
Main Construction Phase Commences at Akkuyu NPP Unit 4 in Turkey
A ceremony dedicated to the start of the construction of the fourth unit at the first nuclear power plant in Turkey was held at the Akkuyu NPP site, signifying …
TES Completes Green Energy Fundraising Round
Tree Energy Solutions (TES), a world scale green hydrogen company with a mission to deliver on a net zero future by decarbonising the energy chain, has announce…
Amazon Announces $20,000 Green Grant for Sustainable Retailers
E-commerce giant is awarding US green retailers $20,000 grants to promote the adoption of sustainable practices
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