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Energy Investment
North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet
North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…
Natural Gas
Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document
The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…
Electric Car
UK Backs Ford With £600m to Build EVs
The cars will be built in Essex and Merseyside before being shipped across five continents.
Which ASEAN Countries Are the Most Energy-Intensive
A total of seven countries in the Association of Southeast Asian Nations (ASEAN) region are less intensive than the world average, but three are above, led by B…
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.
Emissions Trading System
EEX Exchange to Host German Carbon Auctions for Another 3 Years
The European Energy Exchange (EEX) has won the tender to host auctions of emission allowances on behalf of the German government for three years from 2024, exte…
EDF Signs for Additional 2 Billion Euros of Loans
Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space …
Natural Gas
Nord Stream Updates Russia-Germany Pipeline Outage End-Date to April Next Year
Nord Stream AG, the operator of the Russia-led Nord Stream 1 gas pipeline, on Monday updated the end date of the unplanned outage at the Greifswald exit in Germ…
SMR
UK to Unveil Plans to Push Ahead with SMRs
The government has ambitions to triple UK’s nuclear power generation
Energy Investment
Canadian Banks Slammed for Continued Fossil Fuel Investments
Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.
Energy Saving
UK Government Unveils £1bn ECO+ Energy Efficiency Scheme
It will extend support to those who currently do not benefit from any other government support to upgrade their homes, targeting the least energy efficient home…
Energy Transition
COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say
Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…
Crude Oil
Nigeria’s Oil Industry Can Flourish Despite Oil Theft
A recent report from NEITI revealed that the Nigerian government had earned $741.48 billion from oil and gas between 1999 and 2020.
Offshore Wind Power
Chinese Groups Unveil World’s Largest Offshore Wind Turbine
Two Chinese companies announced production of the largest offshore wind turbine built to date, a 16-MW unit developed by China Three Gorges (CTG) and Goldwind. …
Electric Vehicle Battery
Japanese OEMs Lead Solid-State Battery Goldrush
Innovation in solid-state batteries for EVs and electronics is being spearheaded by Japanese giants including Toyota and TDK, according to a new report.
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