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China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
Ireland
24-11-2022
Statkraft Signs 366MW Irish Power Play With Microsoft
Renewable power will come from three wind and three solar projects located across the country
United Kingdom
24-11-2022
Dismantling Old North Sea Wells Could Cost £20BN
It is estimated around 2,100 wells in the North Sea will be decommissioned over the next decade
24-11-2022
Israel’s Econergy Secures €250M Investment for Renewable Projects
The investment will be provided by RGREEN INVEST.
France
24-11-2022
Markets Regulator Clears French Bid to Nationalise EDF Utility
French markets regulator AMF said on Tuesday it had cleared the French state's buyout bid, marking an important step in its plan to fully nationalise the loss-making nuclear utility.
Germany
24-11-2022
German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt
Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesday.
Energy Investment
23-11-2022
Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint
Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the company to rethink investment plans.
Energy Investment
23-11-2022
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production.
23-11-2022
Saudi Aramco Signs Agreements Worth $11BN With Manufacturers
The move could create 5,000 jobs in Saudi Arabia over the next decade
United Kingdom
23-11-2022
Shell Reviews £25BN UK Investments Plan Because of Windfall Tax
The government recently extended the money raising measure
Jordan
22-11-2022
Masdar and Jordan’s Ministry of Energy Explore 2GW of Renewables Projects
Renewable energy company Masdar has signed a Memorandum of Understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to collaborate on the development of up to 2GW of renewable energy projects.
United States
21-11-2022
U.S. Vice President Harris Announces $20 Million New Clean Energy Funding for Mekong Region
U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailand on Sunday following a regional summit.
France
21-11-2022
France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas prices and help them compete with German businesses, its finance minister said on Saturday.
Italy
21-11-2022
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the impact of high energy prices while postponing some of its most lavish election promises.
Natural Gas
21-11-2022
Biogas Producers Amp Americas, BerQ RNG up for Sale -Sources
The owners of two North American renewable natural gas (RNG) producers have put them up for sale, after new U.S. tax incentives and recent big investments in the sector gave hope they can cash out for top dollar, people familiar with the matter said.
Israel
21-11-2022
Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects
Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investments in renewable energy projects across Europe, the firm said on Friday.
Czech Republic
20-11-2022
Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden of soaring prices on households and businesses.
19-11-2022
EIB Approves €4bn in Clean Energy Investment
The Board of Directors of the European Investment Bank (EIB) have approved €4 billion ($4.2 billion) in clean energy investment to upgrade energy networks, enhance energy efficiency and increase renewable energy sources across Europe.
Energy Transition
18-11-2022
Just Transition Support Platform for Developing Countries Launched
This forms part of the ADB’s commitment to ensure build capacity of developing countries.
Energy Transition
17-11-2022
Indonesia to Get $20B Under Just Energy Transition Partnership
The country’s plans include peaking the power sector’s total emissions by 2030.
South Korea
17-11-2022
Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, the company said on Thursday.
Hydrogen Project
17-11-2022
Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27
Suez Canal Economic Zone finalises nine agreements with international companies.
Wind Turbine
16-11-2022
Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh
Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division Siemens Gamesa.
Carbon Emissions
16-11-2022
US Launches $50M Pilot to Help Non-profits Make Critical Energy Upgrades
Organisation can purchase materials and implement building upgrades to decrease utility costs and help reduce carbon emissions in commercial buildings.
Net Zero Emission
15-11-2022
Alliance Launches to Accelerate Green Infrastructure Finance in Africa
The African Union, the African Development Bank and Africa50 together with several global partners launched a multi-billion alliance for green infrastructure.
United Kingdom
14-11-2022
UK Unboxes £65m Clean Tech Investment at COP27
The new funding aims to make clean technologies accessible and affordable to developing countries.
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Most views from Energy Economy
1
China's Investment into BRI Countries Expands in Jan.-May
2
Egypt Makes Great Strides Toward Green Economy
3
Cities and Community Investment in Smart Energy to Hit $64 billion by 2030
4
Aramco Awards Contracts Worth $10bn to Develop Giant Jafurah Gas Field
5
Mexico to Create State-Owned LPG Company
6
Masdar to Acquire Saeta Yield From Brookfield Renewable for $1.4bn
