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United Kingdom
UN, Britain to Co-host Climate Summit on December 12
The United Nations and Britain will co-host a global climate summit on December 12, the fifth anniversary of the landmark Paris Agreement.
Energy Storage Project
NY Governor Announces First Completed Community Solar Plus Energy Storage Project
Project to reduce energy costs for approximately 150 households in Westchester County and New York City, provide power to 12 Tesla EV supercharging stations.
Nuclear Technology
Project Launched to Digitally Clone all French Reactors
Digital twins of every unit in France's fleet of nuclear power reactors are to be developed under a four-year project involving partners from academia and indus…
Nuclear Power Plant
Foundation Slabs Completed at Akkuyu 2 Reactor and Turbine Buildings
JSC Akkuyu Nuklear has announced the completion of concrete pouring of the reactor and turbine buildings' foundation slabs at unit 2 of the Akkuyu nuclear power…
Poland
Poland's Coal Production Down by 15.8 pct y/y in August
Production of coal in Poland fell by 15.8 percent year on year in August 2020, reaching 4.24 million tonnes, the Central Statistics Office announced on Wednesda…
Crude Oil
EIA Sees Global Oil Market Balancing By End-2021
The OPEC+ production cuts and curtailments in the United States are set to help global inventories to continue drawing down for the rest of the year and most of…
Mexico
Mexico May Delay Energy Reform
Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state…
Portugal
Portugal and the Netherlands Sign Green Hydrogen Agreement
The transportation of green hydrogen from Portugal to the Netherlands will be explored thanks to a new memorandum of understanding signed between the countries.
Energy Investment
Bord Na Mona Eyes €1.6bn War Chest for Wind, Solar
Bord na Mona has launched a major fundraising campaign to build a series of climate action projects across its 200,000 acre landholding.
Oil&Gas Drilling
Neptune Makes First Step in Offshore Execution of North Sea project
According to information on Neptune’s website, first oil from the project is expected in 2022.
Market Analysis
Old Green Power Plants Seek to Regenerate as Germany Turns off Subsidies
Wilfried Haas owns a 3 kilowatt solar system which has been running as a micro power station since 1992, helping Germany, Europe's largest economy, curb its dep…
Austria
Austrian Utility OMV Sells Gas Pipeline Unit to Verbund
Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and …
Electric Vehicle Battery
Tesla's Value Drops $50 Billion as Musk's Promised Cheaper Battery 3 Years Away
Investors slashed $50 billion from Tesla Inc's market value on Tuesday despite CEO Elon Musk's promise to cut electric vehicle costs so radically that a $25,000…
Clean Energy Transition
UK Urged to Unveil New Grid Target for Complete Hydrogen Revolution
The UK government must introduce a new hydrogen target for Britain’s gas grids to start turning the country’s zero-carbon hydrogen ambitions into a reality, s…
Energy Transition
Shell and Microsoft Expand Partnership for Net-Zero Emissions
Shell and Microsoft have jointly announced a strategic energy and technology alliance to support each other in achieving net-zero targets.
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