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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
28-09-2022
Renewable Energy Employment Reaches 12.7 Million in 2021
Around 700,000 new workers were employed last year.
Carbon Emissions
27-09-2022
Australian State to Invest $100 Mln in Energy Storage in Push to Cut Emissions
Australia's Victoria state said on Tuesday it would invest A$157 million to boost battery energy storage, as it pushes to source half its electricity from wind and solar energy by 2030 and help replace coal-fired generation.
Natural Gas
27-09-2022
Germany Considers Price Caps as Energy Crisis Worsens
Germany looks to cap the prices of electricity and natural gas to help households and businesses reel from the soaring energy prices.
Offshore Wind Power
26-09-2022
Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says
Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.
Thermal Coal
24-09-2022
HSBC Fund Arm Toughens Thermal Coal Policy to Curb Climate Change
HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an acceleration of a broader commitment it made last year.
Natural Gas
23-09-2022
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Belgium
23-09-2022
Thousands Take to the Streets in Belgium Against Soaring Energy Prices
Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest the day before in Slovakia, and earlier this month in the Czech Republic.
Natural Gas
23-09-2022
Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’
Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices ahead of winter.
United Kingdom
23-09-2022
Cost of UK Support to Cap Energy Bills to Be Set Out on Friday
Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.
Hydrogen Project
23-09-2022
EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development
The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable and low-carbon hydrogen.
Natural Gas
23-09-2022
Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln
Germany confirms nationalisation of gas importer Uniper.
Natural Gas
22-09-2022
Germany Could Nationalize Uniper as Early as Next Week
The German government, energy giant Uniper, and its majority shareholder, Fortum, have reached a preliminary agreement under which Germany will nationalize the country’s largest gas importer.
Wind Power Project
21-09-2022
ØRsted Completes Acquisition of German and French Onshore Wind Platform Ostwind
Ørsted has today completed the acquisition of a 100 % equity interest in OSTWIND
Natural Gas
20-09-2022
Uniper Weighs Nationalisation Amid Energy Market Turmoil
German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequences of the war in Ukraine.
Net Zero Emission
16-09-2022
US Invests $178M to Advance Bioenergy Technology
A total of 37 projects will develop new technologies that engineer plants and microbes into bioenergy and improve carbon storage
Wind Farm
15-09-2022
Iberdrola Sells Share of Wind Farm for €700M
A Swiss infrastructure investment firm will own a 49% stake in Wikinger offshore wind farm in Germany
Solar Materials
14-09-2022
Jinkosolar Signs Two Polysilicon Supply Contracts in a Month Totalling Nearly Us$30 Billion
JinkoSolar has signed a major polysilicon supply contract worth more than RMB103.3 billion (US$14.9 billion).
Poland
14-09-2022
Poland to Freeze Electricity Prices for Households in 2023
Poland plans to freeze in 2023 electricity prices at current levels for households consuming less energy, the ruling Law and Justice (PiS) leader said on Tuesday, as the government looks for ways to shield consumers from soaring prices.
EU
14-09-2022
EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms
It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred between 2021 and 2030
Net Zero Emission
13-09-2022
Around 13 Million Workers to Join Energy Sector by 2030: IEA
It is expected to double under the net-zero emissions scenario.
Net Zero Emission
13-09-2022
Singapore Bank DBS Sets Decarbonisation Targets for Key Sectors
Singapore's DBS Group has set decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitment to net-zero financed emissions by 2050.
Energy Transition
13-09-2022
Egypt Climate Champion Calls for New Metric on Climate Finance
Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unfulfilled - $100 billion that rich nations had pledged to deliver each year.
11-09-2022
Energy Sector Employment Exceeds Pre-Pandemic Levels: IEA
It may increase by 6% in 2022.
Smart Grid
10-09-2022
Smart Energy Finances: Gridspertise Tech Alliance and Enel Finance’s €1B Sustainability Bond
This week’s iteration of Smart Energy Finances looks to partnerships and sustainability bonds announced under the Enel umbrella.
Germany
08-09-2022
Germany to Subsidise Basic Level of Power for Homes, Businesses - Ministry Paper
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Ministry paper seen by Reuters on Thursday.
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