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Spain
Spain to Pull out of Treaty Protecting Energy Investments
Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.
Australia
EU Crisis Opens Opportunity for Australian Green Energy Exports -Fortescue
The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the chief financial officer at Fortescue Future Industries (F…
United States
U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year
Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the yea…
Microgrid
Mapping Europe’s Microgrids to Ensure Effective Regulation
University of Groningen doctoral researcher Jamie Behrendt has started mapping existing and developing microgrids across Europe.
SMR
US, Canadian Regulators Further SMR Collaboration
The charter agreement on advanced reactor and small modular reactor (SMR) technologies formally establishes the collaborative relationship between the Canadian …
Natural Gas
Shell Warns Weak Earnings From Gas Trading Could Impact Profits
Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.
Austria
Austria’s OMV Targets Expansion of Low Carbon Business
Vienna-headquartered energy company OMV says that it will be focusing on geothermal energy as an essential part of its strategy.
Hydropower Plant
GE Renewable Wins Maintenance Contract for 11GW Hydropower Plant in Brazil
GE Renewable Energy’s hydropower business has signed a five-year contract with Norte Energia
Airbus Demonstrates Solar Power Beaming
Airbus has reported demonstrating solar power beaming, which would be used to deliver solar power from space.
United Kingdom
Britain Has Exported More Power to EU Than Ever Before
The country became a net exporter of electricity for three months of the year
France
French Grid Operator RTE to Return More Than 1 Bln Euros to Clients
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this …
Natural Gas
Egypt’s Natural Gas Exports Value Increases 13-Fold in Eight Years
Country exported $8bn worth of natural and liquefied gas in the 2021-2022 fiscal year, compared with $600m in 2013-2014
Pakistan
Only 15% Of Pakistan’s Hydropower Pipeline Will Operate on Time: IEEFA
Around 51% of the pipeline reached financial close, and only 39% started construction.
Wind Turbine
Vestas Secures 104 MW Order With Polimix Energia in Brazil
Polimix Energia Ltda has signed an agreement with Vestas for the supply and installation of 23 V150-4.5 MW wind turbines for the Mundo Novo wind farm located in…
Carbon Neutral
Japan Starts Carbon Credit Trading Trial at Tse
Japan started trial trading of carbon credits on Thursday at the Tokyo Stock Exchange (TSE) as the world's fifth-largest carbon emitter aims to create a nationw…
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