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Energy Economy
Solar project
Google signs PPAs on 400-MW Texas solar project portfolio
Energy Transition
29-09-2022
New VC Fund for Energy Transition Start-Ups in Europe
EIT InnoEnergy and Santander Asset Management are partnering on the new, yet to be named, climate tech investment vehicle.
Net Zero Emission
28-09-2022
Australian State Unveils $40 Bln Clean Energy Plan to Slash Reliance on Coal
One of Australia's top coal-producing states said it will convert its coal-fired power plants to renewable hubs by 2035 under a A$62 billion clean energy plan unveiled on Wednesday which would slash its reliance on fossil fuels.
France
28-09-2022
French Grid Operator RTE to Return More Than 1 Bln Euros to Clients
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this year's revenue windfalls prompted by tensions on the electricity market.
EU
28-09-2022
EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document
European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emergency measures to help consumers facing soaring energy bills.
Australia
28-09-2022
Australia’s ZEN Energy, ACCIONA Energía Enter 10-Year PPA
ZEN will buy 34% of Waubra Wind Farm’s total generation.
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.
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Google signs PPAs on 400-MW Texas solar project portfolio
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Equinor aims to sell 8% stake in solar energy firm Scatec
