Erg

Denmark
Ørsted and Skovgaard Energy to Develop Large Scale Power-To-X Facility
Ørsted and Skovgaard Energy, a Danish renewable energy developer, have signed a letter of intent to jointly develop a power-to-X facility in Denmark with one o…
Oil Price
Oil Prices Drop to Below $80 for First Time Since January on Recession Fears
US Energy Information Administration expects global oil inventories to fall by 200,000 barrels per day in the first half of 2023.
Electric Car
How Rising Battery Prices Could Derail Arrival of Affordable EVs
Surging costs of materials including cobalt, nickel and lithium are driving increase.
Natural Gas
U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia
U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”
SMR
Small Modular Reactors Aren’t Difficult Nuclear Waste Generators
Many experts believe small modular reactors (SMRs), which are generally classified as nuclear power reactors with an electrical output of 300 MW or less, offer …
Energy Transition
Australian Billionaire Forrest Snares CWP Renewables for Over $2.7 Bln
Australian mining billionaire Andrew Forrest's private firm Squadron Energy has acquired CWP Renewables for more than A$4 billion ($2.7 billion), three people f…
United Kingdom
Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge
The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…
Energy Investment
Losses May Force Japanese, S. Korean Utilities to Delay Green Investment
South Korean and Japanese power utilities are sustaining heavy losses, kept from passing rising generation costs on to customers and, according to analysts, for…
LNG
U.S., Britain Launch Energy Partnership to Boost Supplies
The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …
Energy Transition
G7 Makes New $15 Billion Offer to Vietnam to Cut Coal Use -Sources
The Group of Seven (G7) industrialised nations has made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transit…
United States
U.S. Power Use to Hit Record in 2022 on Economic Growth, Hotter Weather -EIA
U.S. power consumption will rise to a record high in 2022 because of increasing economic activity and hotter summer weather, the U.S. Energy Information Adminis…
CCS
Denmark Awards First CO2 Storage Permit
The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 …
Pumped Storage
‘Geomechanical Pumped Storage’ Startup Quidnet Gets Us$10 Million ARPA-E Funding
Quidnet, a company developing a proprietary mechanical energy storage technology, has been selected to receive funding from the US Advanced Research Projects Ag…
Energy Storage Project
KBR to Design Offshore Energy Storage for Crosswind
KBR has been awarded a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Ene…
Romania
MET Group Enters Romanian Renewables Market
Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar pro…

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Erg

Ørsted and Skovgaard Energy to Develop Large Scale Power-To-X Facility

Oil Prices Drop to Below $80 for First Time Since January on Recession Fears

How Rising Battery Prices Could Derail Arrival of Affordable EVs

U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia

Small Modular Reactors Aren’t Difficult Nuclear Waste Generators

Australian Billionaire Forrest Snares CWP Renewables for Over $2.7 Bln

Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge

Losses May Force Japanese, S. Korean Utilities to Delay Green Investment

U.S., Britain Launch Energy Partnership to Boost Supplies

G7 Makes New $15 Billion Offer to Vietnam to Cut Coal Use -Sources

U.S. Power Use to Hit Record in 2022 on Economic Growth, Hotter Weather -EIA

Denmark Awards First CO2 Storage Permit

‘Geomechanical Pumped Storage’ Startup Quidnet Gets Us$10 Million ARPA-E Funding

KBR to Design Offshore Energy Storage for Crosswind

MET Group Enters Romanian Renewables Market