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Oil Price
Will Germany Introduce a Windfall Tax on Energy Firms?
As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…
Electric Car
Toyota Builds 1MW Hydrogen System for US Department of Energy
The $6.5m project is being funded by the DOE and could be operational within three years
United Kingdom
UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …
Energy Transition
Coal Companies’ Cash Balance Could Fund Indonesia’s Green Transition
The combined cash balance amounted to $6.8b in the first quarter.
United States
DOE Cybersecurity Project Funding to Bolster Grid Resilience
The US Department of Energy (DOE) has announced $45 million in funding for projects that will create and test technology to protect the electric grid from cyber…
Nuclear Power Plant
Boris Johnson ‘Approves Funding for Sizewell C Nuclear Plant’
The financial package will support the construction of two new reactors at Sizewell C, which will generate 3.2GW of electricity
Oil Price
Oil Has Become Too Volatile for Traders
Hedge funds are pulling out of oil as price volatility becomes excessive.
Tidal Energy
EMEC Scores Funding for Hydrogen Trailers at Tidal Power Project Site
Net Zero & Energy Secretary Michael Matheson at EMEC site on Eday with hydrogen transport trailer (credit EMEC)The European Marine Energy Centre (EMEC) has been…
United States
US DOE Announces $44M Funding for EGS Innovation Projects
Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.
United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Energy Investment
‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…
Offshore Wind Power
Keppel Corporation and Keppel Infrastructure Trust Jointly Invest in Offshore Wind Farm
Keppel Corporation Limited and Keppel Infrastructure Fund Management Pte Ltd (KIFM) have announced that they are jointly investing €305.0 million to acquire a …
Geothermal Power Plant
Japanese Funding for 28 MW Binary Mahanagdong Geothermal Plant, Philippines
In July 2022, the Japanese JCM funding scheme announced funding for the 28 MW binary cycle Mahanagdong geothermal plant in the Philippines. Several countries wi…
Thermal Plant
Australian Startup Wins Funding for Novel Thermal Storage Tech
Australian clean energy company, MGA Thermal has been awarded AUS$1.27 million from the Australian Renewable Energy Agency (ARENA) to scale up its thermal energ…
Electric Vehicle Charging
British EV Charging App Raises £9M to Boost International Expansion Plan
Good Energy has led the fundraising with £3.7 million investment.
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