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ICE Warns It Could Relocate Gas Trading Out Of EU If Bloc Caps Price
A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. (ICE) on the floor of the New York Stock Exchange (NYSE) March 1, 2016. REUTERS/…
United States
ACP Statement On Building American Energy Security Act of 2022
The American Clean Power Association (ACP) released the following statement from JC Sandberg, ACP Interim CEO and Chief Advocacy Officer in support of the Build…
Hydrogen Project
Highlighting Safety Standards For Hydrogen In Power Generation
Image credit: 123rf.comHydrogen has been handled and used in a safe manner for decades by industries for refining petroleum, treating metals, producing fertilis…
China
China's 2050 Power Could Be Zero Carbon For Under 1% of GDP: Study
A new study in Nature Communications; Cost increase in the electricity supply to achieve carbon neutrality in China calculates the total new expenditure needed …
Net Zero Emission
EU Agrees Law to Make Airlines Pay More to Pollute
The European Union reached a deal in the early hours of Wednesday on a law to increase the price that airlines have to pay when they emit planet-heating carbon …
Wind Farm
Australian Government to Underwrite Renewable Energy Capacity
The Australian government has agreed to underwrite new wind and solar farms backed by energy storage, in hopes of unleashing investment at least A$10 billion ($…
Indonesia
Indonesia Govt to Create a Mechanism for Rollout of B35 Biodiesel Policy
Indonesia's president has asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a senior minister said on Tuesday.
EU
Germany Says Borrowing More Money to Compete With the U.S. Would Be a ‘Threat’ to Europe
European Commission President Ursula von der Leyen said Sunday “new and additional funding at the EU level” will be needed to make European companies more com…
United States
Explainer: Why the U.S. Inflation Reduction Act Has Europe up in Arms
Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington's huge new green energy subsidy packag…
United Arab Emirates
New UAE Law Regulates Renewables Production Units Link to Grid
This is in line with UAE’s plan to diversify renewable energy sources.
Crude Oil
Price Cap on Russian Oil Comes Into Effect
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues…
United States
U.S. Senators Introduce Bill to Expand E15 Gasoline Sales, with Support from Oil Group
U.S. senators from Nebraska and Minnesota introduced legislation on Tuesday that would expand nationwide sales of E15.
Offshore Wind Power
UK Government Moves to Defuse Parliamentary Row over Onshore Wind
Britain's government sought on Monday to defuse a simmering row over a push by some Conservative lawmakers to make it easier to build onshore wind farms by sayi…
Natural Gas
Ofgem’s Market Reform Proposals Criticised by British Gas Owner
Centrica CEO Chris O’Shea has accused Ofgem of an “abdication of responsibility”
Italy
Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows
Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…
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