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United Kingdom
UK Power Networks Launches Biggest-Ever Flexibility Tender
UKPN has launched a Flexibility Tender that could potentially unlock more than 500MW of capacity, equivalent to 300,000 homes over the next three years.
Oil Price
Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap
The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…
EU
France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2…
Energy Storage Battery
China May Need 4,300GW Storage Capacity by 2050: Report
This is to help back up renewables’ intermittency.
Solar Power Plant
Dubai’s Concentrated Solar Power Project Starts Supplying Electricity to the Grid
It is the largest concentrated solar power project in the world in terms of installed capacity, investment size, and molten salt reserve heat.
Crude Oil
Nigeria to End Imports of Petroleum Products in 2023
Nigeria—a major petroleum products importer—expects to stop importing petroleum products starting in the third quarter of next year, Nigeria’s oil minister T…
Electric Car
UK Approves $26.6 Billion Power Grid Investment to Expand Renewable Capacity
Six electricity distribution network companies, covering fourteen local networks in the UK, will have $26.6 billion (£22.2 billion) to invest by 2028 to make t…
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…
LNG
Europe to Raise LNG Import Capacity Significantly Through 2024
The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021.
Energy Storage Battery
Research Team Reports Breakthrough in Metal Gas Batteries
Hong Kong researchers have discovered a new way to boost metal carbon dioxide battery capacity.
Oil Refinery
Italy Set to Nationalise Lukoil Refinery - Paper
Italy's government is set to nationalise the Lukoil-owned ISAB refinery in Sicily and will ask the cabinet to decide on the matter at a meeting scheduled on Thu…
Crude Oil
UAE Brings Forward Oil Production Capacity Expansion to 2027
The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro…
Hydropower Plant
Zimbabwe Power Shortage to Worsen as Hydro Plant Halts Generation
Zimbabwe's prolonged power shortage is set to worsen after the entity that manages southern Africa's biggest dam ordered suspension of electricity generation at…
Offshore Wind Power
Scottish Offshore Wind Farm to Power Google
Google has signed a power purchase agreement (PPA) to purchase renewable electricity from a Scottish offshore wind farm.
China
China’s Solar and Wind Power Capacity Continues to Expand
China’s installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country’s pursuit of green development.…
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