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UK energy sector unites behind calls to grant ofgem ‘net zero mandate'
Energy Subsidies
2023-01-29
EU Must Answer U.S. Clean Energy Subsidies, Commissioner Says on Washington Visit
European Internal Market Commissioner Thierry Breton speaks at a news conference in Brussels, Belgium, September 19, 2022. REUTERS/Yves Herman/File PhotoWASHINGTON, Jan 27 (Reuters) - The European Union wants a deal quickly with the United States to resol
Oil & Gas Trade
2023-01-29
U.S. Lawmakers Ask Kerry to Urge Uae to Replace Oil Boss as COP28 President
United Arab Emirates' Industry Minister Sultan Ahmed Al Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, October 31, 2022. REUTERS/Amr Alfiky/File PhotoWASHINGTON, Jan
Personnel Appointment
2023-01-26
CONSOL Energy Appoints New President
CONSOL Energy Inc. has announced the promotion of Mitesh B. Thakkar to the position of President, in addition to his current role as Chief Financial Officer (CFO). This promotion is being made as part of the company’s long-term succession planni
Africa Energy
2023-01-24
Cameroon Plans to Halve Fuel Subsidies
The Cameroonian government plans to halve fuel subsidies in 2023. Indeed, the authorities are expected to allocate for the subsidies in 2023 only half of the XAF700bn (US$1.2bn) budgeted for 2022. Consequently, pump prices are expected to rise. However, t
Nuclear Policy
2023-01-20
Canadian and UK Regulators Agree Terms for Cooperation
Terms of Reference have been signed and published between the Canadian Nuclear Safety Commission (CNSC) and the UK Office for Nuclear Regulation (ONR) for a Memorandum of Cooperation (MOC) between the two organisations. They plan to share best practice an
Oil & Gas Trade
2023-01-19
Oil Giant Aramco Says Windfall Taxes ‘Not Helpful’ and Could Stifle Decarbonization
KEY POINTSPolicymakers in a number of countries are calling for windfall taxes on major oil and gas companies, many of which saw record profits in the last year.The debate surrounding the oil industry has been dominated by tensions between the need for en
SMR
2023-01-18
French Bill on Accelerating Nuclear New Build Progresses to Senate
The French Senate has begun discussing a bill aimed at accelerating procedures related to the construction of new nuclear facilities near existing nuclear sites and to the operation of existing facilities. In February last year, President Emmanuel Macron
Nuclear Power Plant
2023-01-13
Changes to Swedish Law Proposed to Enable Nuclear New Build
A proposal to amend Sweden's legislation on nuclear power has been presented by Prime Minister Ulf Kristersson and Climate and Environment Minister Romina Pourmokhtari. The proposed changes would remove the current law limiting the number of react
Nuclear Power Plant
2023-01-13
South Korea Increases Expected Contribution of Nuclear Power
Nuclear energy will account for 34.6% of South Korea's electricity generation by 2036, compared with 27.4% in 2021, according to the latest plan finalised by the country's Ministry of Trade, Industry and Energy (MOTIE).The start up of Shin
Hydropower Plant
2023-01-12
Brochu stepping down as president and CEO of Hydro-Québec
Hydro-Québec’s President and Chief Executive Officer, Sophie Brochu, announced to the president of the board of directors that she will end her term on April 11.I arrived at Hydro-Québec in April 2020, when Quebec was hit h
Energy Subsidies
2023-01-12
Scotland on Mission to Become ‘Renewables Powerhouse’ Contemplates No New Oil & Gas Policy
In pursuit of accelerating the transition to clean energy, the Scottish government has released a draft energy strategy, which aims to shape the country’s next 25 years of energy production. This includes the possibility of reducing oil and gas
Power Construction
2023-01-11
Sedler Takes Over Interconnector Division of National Grid Ventures
Rebecca Sedler. Image courtesy National Grid VenturesNational Grid Ventures has announced that Rebecca Sedler will take over as managing director of Interconnectors from effective April 1.Part of the National Grid group, National Grid Ventures (NGV) is th
Climate Policy
2023-01-11
Cornwall Insight’s Response to the Announcement of the Energy Bill Discount Scheme
Gareth Miller, CEO at Cornwall Insight said:"Yesterday, the government announced that the Energy Bill Relief Scheme (EBRS) would be replaced by a less supportive Energy Bill Discount Scheme (EBDS) from April 2023. The government have been managing ex
Biobattery
2023-01-10
Enviva Reacts to Dutch Parliament’s Motion on Sustainable Biomass
Enviva Inc., the world’s leading producer of sustainably sourced woody biomass, on Jan. 5 issued the following statement regarding the Dutch Parliament’s motion on sustainably sourced biomass.Enviva fully supports the principle that fi
EV Market
2023-01-09
The IRS Answers All Your EV Tax Credit Questions — Sort Of
In an effort to clear up confusion about the new federal tax credit for electric cars, the IRS has issued new guidelines for taxpayers.People have a lot of questions about the new EV federal tax credit created by the Inflation Reduction Act. It’
Wind Farm
2023-01-09
Horse Heaven Wind Farm Environmental Draft Released
The Energy Facility Site Evaluation Council (EFSEC) has released its environmental impact statement about the proposed massive Horse Heaven Hills wind farm project.Now, the public has until February 1st to respond and commentThe EIS (environmental impact
Climate Policy
2023-01-09
French Renewable Energy Law: Mps Must Rise to the Challenge and Help Boost Energy Security
On 10 January France’s National Assembly is set to vote on a bill intended to accelerate the development of renewable energy projects. But some Members of Parliament could be tempted to keep or introduce unhelpful amendments to the text causing
Energy Subsidies
2023-01-05
Only N3.36 Trillion Has Been Earmarked for Fuel Subsidy in 2023 Budget – Finance Minister
Nigeria’s Minister of Finance, Mrs Zainab Ahmed, has revealed that only N3.36 trillion was earmarked for fuel subsidy in Nigeria’s 2023 budget.She disclosed this during a Public Presentation and breakdown of the 2023 Appropriation Act
Energy Subsidies
2023-01-04
January Solar Policy Snapshots
A guide to recent legislation and research throughout the country.New Mexico’s new interconnection ruling is one of the most progressive for solar + storage in the nation.Georgia PSC declines to expand monthly solar netting pilot programOn Dec.
Energy Taxation
2023-01-02
Lula Decrees Extension For Tax Exemption On Fuels In Brazil
General view as Brazil's new President Luiz Inacio Lula da Silva delivers a speech after being sworn in at the National Congress, in Brasilia, Brazil, January 1, 2023. REUTERS/Jacqueline LisboaBrazil's newly sworn-in President Luiz Inacio
Net Zero Emission
2022-12-31
Companies Must Lead Net Zero In 2023 As Governments Are Paralysed
COP conferences consistently serve as a reminder of governmental action paralysis. Chris Hocknell, CEO of sustainability consultancy Eight Versa, says that 2023 must be the year that corporations finally take the lead.COP conferences consistently serve as
Energy Subsidies
2022-12-28
UK Government Borrows £22BN to Fight Energy Crisis
That’s according to official data from the ONSImage: Deatonphotos / ShutterstockSupporting UK households with paying their energy bills this year saw the government borrow a record £22 billion by November.That’s according to
Hydrogen Technology
2022-12-28
Hydrogen Not the Net Zero Solution, MPS Say
The lack of infrastructure and cost of producing green hydrogen make it a niche fuel, they argueImage: EMECHydrogen is not the answer to net zero.That’s according to MPs from the Commons Science and Technology Committee, arguing that the fuel wi
Energy Taxation
2022-12-28
‘Electricity Generator Levy Threat to Renewable Investment’
The REA says the windfall tax could slow growth towards net zeroImage: ShutterstockThe government’s plans for the Electricity Generator Levy (EGL) threaten hundreds of millions of pounds of renewable investment.That’s the claim of the
Nuclear Reactor
2022-12-23
Romanian Government Approves Draft Law For Cernavoda Expansion
A draft law on the agreement to build two new reactors at Romania’s Cernavoda NPP was adopted by the government on 19 December and will now be submitted to parliament for approval of the agreement signed earlier between the state and Cernavoda o
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Egypt to Announce New Energy Strategy in Coming Weeks
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Biden Sets Sights on Scrapping Oil and Gas Subsidies
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Bill signed for West Virginia renewable energy battery plant
4
UK energy sector unites behind calls to grant ofgem ‘net zero mandate'
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Act Community Consultation on Fossil Fuel Transition
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South Africa Launches Green Energy Fund to Promote Tax-Deductible Investments