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Energy Policy
US Finalizes Rule to Streamline Offshore Renewable Energy Development
Offshore Wind Power
16-12-2022
New Zealand Gov’t Plans to Have Offshore Renewables Regulations In Place by 2024, Temporarily Halts Granting Oil Exploration Permits
Ensuring we have the right settings in place to encourage development of offshore renewable infrastructure will enable us to deliver net zero emissions by 2050. – Megan Woods, New Zealand Energy and Resources MinisterNew Zealand’s Gove
Nuclear Policy
16-12-2022
Energy Policy For The Long Haul
While news of nuclear new build is welcome, will it also finally establish the long-term pipeline that the world needs?As the UK, like much of Europe, hovers on the brink of blackouts and faces stratospheric rises in energy costs, news that the government
Nuclear Power Plant
16-12-2022
Decision To Terminate Contract For Construction Of Hanhikivi-1 NPP Unlawful
The Dispute Review Board has issued its verdict on Fennovoima Oy’s decision to terminate the contract for the construction of Hanhikivi-1 NPP. The verdict maintains that Rosatom’s complaint is founded – the termination of the
LNG
16-12-2022
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/Brendan McDermid/File PhotoBRUSSELS, Dec 15 (Reuters) - The Intercontinental Exchange has warne
United States
15-12-2022
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 Building American Energy Security Act of 2022:This permitting reform proposal would speed our countr
Hydrogen Project
14-12-2022
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 fertilisers, and processing food by using strict control systems and safety guidelines.However, as hydr
China
12-12-2022
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 to replace fossil fuels for electricity by 2050
Net Zero Emission
08-12-2022
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 dioxide emissions, adding pressure to the sector to shift away from fossil fuels.
Wind Farm
08-12-2022
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 ($6.7 billion) to stabilise the grid as coal-fired plants retire.
Indonesia
07-12-2022
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
06-12-2022
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 competitive in the transition to a greener economy.
United States
05-12-2022
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 package.
United Arab Emirates
05-12-2022
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
05-12-2022
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 from oil exports while keeping flows into the international market flowing.
United States
30-11-2022
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
29-11-2022
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 saying Prime Minister Rishi Sunak supported such projects where there is local consent.
Natural Gas
28-11-2022
Ofgem’s Market Reform Proposals Criticised by British Gas Owner
Centrica CEO Chris O’Shea has accused Ofgem of an “abdication of responsibility”
Italy
28-11-2022
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 government's 2023 budget seen by Reuters showed.
Energy Transition
25-11-2022
Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls
Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were scaled back, in a potential blow to rich nations' funding initiatives for cleaner energy.
Germany
25-11-2022
Germany Is Not Blocking EU Energy Solution but Is 'Sceptical', Minister Says
Germany is not standing in the way of the European Union's solution to the energy crisis, Economy Minister Robert Habeck told the Handelsblatt daily on Thursday in response to criticism about his country's stance towards plans for a gas price cap.
Natural Gas
25-11-2022
UK to Set Out More Energy Reforms ‘Very Soon’: Hunt
Britain's government plans to announce reforms to the country's energy market "very soon", finance minister Jeremy Hunt said on Wednesday, after lawmakers blamed poorly designed regulation for some of the soaring cost of energy.
Distributed energy
23-11-2022
UAE Issues Law to Regulate Linkage of Renewable Energy Production Units to the Grid
The legislation seeks to contribute to the country’s efforts towards achieving net zero emissions by 2050
Carbon Emissions
22-11-2022
COP27 Reaches a Deal on Climate Compensation
Analysts say the biggest economies must commit to larger CO2 reductions as the UN Secretary-General calls for a “giant leap on climate ambition”.
Energy Transition
21-11-2022
COP27 Reaches Key Deal on “Loss and Damage” Funds for Nations Vulnerable to Climate Change
Final COP27 document seen as offering tacit support for natural gas and blue hydrogen amid warnings that energy transition is falling behind Paris objectives.
21-11-2022
COP27 Draft Climate Deal Published but Gaps Remain
The U.N. climate agency on Saturday published an updated draft of a proposed final agreement for the COP27 summit, fleshing out some key parts of the deal countries are struggling to reach.
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