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Energy Economy

Google signs PPAs on 400-MW Texas solar project portfolio

Google signs PPAs on 400-MW Texas solar project portfolio

United Kingdom
20-06-2022

UK’s Ofgem Proposes New Rules to Protect Customers Amid Soaring Energy Prices
Britain's energy regulator on Monday proposed new measures to protect consumers' money and prevent energy suppliers from charging high direct debit payments, a move that comes as households struggle to meet soaring energy bills.
Ireland
20-06-2022

Ireland’s Energy Poverty Breaks New Record
The number of fuel poor households surpassed that recorded 28 years ago, according to a report.
19-06-2022

BP Buys 40.5% Stake in Asian Renewable Energy Hub
The multi-billion dollar investment at Pilbara, western Australia, will produce around 1.6mn tonnes of green hydrogen at full capacity.
United States
19-06-2022

U.S. Sustainable Funds Mark Rare Outflow in May
Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc said on Thursday, a break with years of net new deposits.
United Kingdom
17-06-2022

UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’
The UK spent £5.1 billion on Russian energy imports in the year to April 2022.
Germany
17-06-2022

Germany Pumps €10BN Into Gazprom Germania
The German Government has confirmed it will put the company into long-term administration
Natural Gas
17-06-2022

Ukraine’s Largest Gas Company Secures €300M Loan
The funding will help the company secure gas stocks for the winter.
17-06-2022

$75M Green Basket Bond for Green Projects Across Africa
British International Investment, the UK’s development finance institution, has subscribed to a $75 million Green Basket Bond arranged by Symbiotics, an emerging markets access platform and financial lender.
Energy Transition
16-06-2022

Seven Countries to Share €2.4BN EU Funding to Accelerate Green Transition
It will support measures to reduce emissions in energy, industry and transport in Romania, Czechia, Poland, Lithuania, Hungary, Slovakia and Croatia, as well as support them in meeting their 2030 climate and energy goals
CCS
15-06-2022

DOE Injects $39M R&D Funding Into ‘Buildings as Carbon Storage’ Projects
The US Department of Energy (DOE) has announced $39 million in awards for 18 projects seeking to develop technologies that can transform buildings into net carbon storage structures.
Hydrogen Production
15-06-2022

TotalEnergies to Buy 25% Stake in India’s Adani New Industries in Green Push
French energy major TotalEnergies will buy a 25% stake in Adani New Industries Ltd, as part of a deal with Adani Enterprises Ltd to develop the world's biggest green hydrogen ecosystem.
14-06-2022

TotalEnergies to Splash Out $850 Million on Angola Project
French energy giant TotalEnergies and its partners have made a final investment decision on an $850 million project offshore Angola as part of their plans to further develop the CLOV complex located in Block 17.
Energy Storage Project
14-06-2022

Keppel Infrastructure, Jinko Power Ink Deal to Explore Solar Farm, Energy Storage Investment
Jinko will identify 1,000MW projects in its pipeline that Keppel can invest in.
13-06-2022

Global Power Synergy’s Green Bonds Oversubscribed by 2.3 Times
The bonds are worth THB12b with tenors of 3-15 years.
Spain
10-06-2022

ØRsted Strikes Solar and Onshore Wind Energy Partnerships in Spain
It is participating in the upcoming grid auctions in the country by joining forces with Glide Energy, Rolwind, ARBA Energías Renovables and Ereda
Natural Gas
10-06-2022

Petroecuador Opens Tenders for Offshore Field, Refinery Modernization
Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas field and a contract to modernize the Esmeraldas refinery.
09-06-2022

Which Businesses Are the Worst Hit by Soaring Energy Prices?
Aviation, shipping and chemical industries will be the first to be hit hard by the soaring energy prices.
United Kingdom
09-06-2022

UK ‘Urgently Considering’ to Extend Windfall Tax to Electricity Generators
Rishi Sunak has said there are “extraordinary profits” made in the electricity generation sector
Net Zero Emission
08-06-2022

More Than 40 Asset Managers Circle 2050 Net Zero Target
These companies manage assets worth $16tn.
Canada
08-06-2022

Canadian Solar to Sell 70% Stake in Two Solar Farms to SPIC
The projects cover an area of 2,200 hectares and will have a combined capacity of 738MW.
Germany
07-06-2022

Germans Tackle Energy Crisis With €9-A-Month Transport Tickets
A new government scheme offers unlimited travel on all local and regional public transport
Net Zero Emission
07-06-2022

Vital Energi Secures £72.3MN Decarbonisation Funding in UK
NHS trusts and law courts set to benefit from Vital Energi's decarbonisation funding from the UK's Department for Business Energy and Industrial Strategy.
Energy Security
06-06-2022

UK Energy Services Firm Wood Sells Consulting Unit for $1.9BN
Canada-based firm WSP has bought the business.
Energy Investment
06-06-2022

Crypto Power Usage Is Helping to Spur Renewable Energy Investments
Ever since cryptoassets first burst into the mainstream financial conversation there has been an ongoing debate around just how much power and energy are consumed by crypto transactions.
Net Zero Emission
02-06-2022

COVID-19 Slows Progress Towards Global Energy Access, IEA Says
At the current rate of progress, 670 million people will remain without electricity in 2030.

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