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Energy Transition
Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25
Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…
Germany
Germany Must Ask High Earners to Help With Energy Relief - Economic Council
Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that need help are on the receiving en…
ACWA Power Net Profit Surges 110% YoY in First 9 Months of 2022
Its operating income before impairment loss and other expenses grew by 11% YoY.
SMR
Fortum and MIT Launch SMR Cost Estimation Tool
Finnish energy company Fortum has collaborated with MIT to launch a Nuclear Cost Estimation Tool (NCET) that enables more precise cost estimation and risk asses…
Coal-Fired Power Plants
New Application Leverages AI to Support Coal Plant Conversion
UK-based non-profit Terrapraxis has announced that its new Evaluate application is live and available for coal plant owners and investors to assess coal plants …
Carbon Emissions
UN: ‘Last 8 Years the Hottest Ever’
Sea level rises have also doubled in the last 30 years, a report has found.
Carbon Emissions
EU Gas Emissions End Post-COVID Rise on Cleaner Supply, Energy-Saving-Study
Gas emissions from the European Union's energy sector have ended more than a year of post-pandemic rises thanks to cleaner power supplies and energy-saving effo…
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Net Zero Emission
Report Lays out How Countries Could Reorient Their Problematic Climate Plans
A new study is the first to calculate that countries collectively need a total of 1.2 billion hectares of land to fulfill the promises laid out in their officia…
Carbon Emissions
Microsoft's President Warns of Talent Shortage for Tackling Climate Change
Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability.
Net Zero Emission
UK Government Boosts Hydrogen Buses With £26m
Wrightbus has secured the funding, as it looks to build 3,000 zero-emission buses.
Electric Vehicle Charging
Vattenfall in Premiere Project With Fast Chargers for Danish City Buses
Vattenfall has delivered 32 fast chargers to Tide Bus in Denmark’s fifth largest city, Vejle.
United States
Conduit Hydropower Capacity Could Add 1.4GW to US Grid
Conduit hydropower, which uses water from structures such as water supply pipelines and irrigation canals, has the potential to add 1.41GW of electricity to the…
Scotland Awards £2.9m to Tackle Nature and Climate Crises
Projects that restore Scotland’s rainforest and protect some of the country’s most threatened wildlife will share the funding.
Energy Storage Project
GSF Purchases 200 MW Storage Project
GoreStreet Energy Storage Fund (GSF), London’s, UK, first listed energy storage fund supporting the transition to low-carbon power, has announced that it has a…
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