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Floating Offshore Wind

Biden Administration Throws Support Behind Floating Offshore Wind

The Biden administration announced a goal of installing as much as 15 GW of floating offshore wind energy capacity by 2035, and said it plans to auction off lea…

EU

European Commission – Demand Reduction and Taxes to Tackle Energy Costs

The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.

Nuclear Reactor

US Study Assesses Potential for Coal-To-Nuclear Conversion

Hundreds of coal power plant sites across the USA could be converted to nuclear plant sites, providing huge decarbonisation gains as well as bringing tangible e…

Natural Gas

Germany Edges Closer to Nationalisation of Ailing Gas Importer Uniper

Uniper, government weighing bailout options

Energy Saving

EU Parliament Backs Higher Targets on Renewables and Energy Savings

European Union lawmakers voted on Wednesday to raise the bloc's targets to expand renewable power and save energy, backing proposals that had been made more amb…

Oil Price

Oil Rises on Weakening Dollar, Potential Supply Disruptions

Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consum…

Wind Power Project

Vestas Wins 43 MW Wind Project Order

In partnership with Mercury, Vestas has secured a 43 MW order for Kaiwera Downs wind farm in New Zealand.

Energy Storage Project

EU Approves €20 Million State Aid to Energy Storage Company in Croatia

The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a ser…

Apple Introduces Clean Energy Charging!

A software update will enable devices to recharge at times when ‘cleaner energy sources are available’

Wind Farm

Mercury to Build $115M Wind Farm in New Zealand

The energy company said the first stage of the 43 megawatt (MW) wind farm is underway, bringing its total investment in renewable wind generation to $600m since…

Energy Storage Battery

EU Approves State Aid to Greece for 900 MW in Energy Storage

The European Commission has approved, under EU state aid rules, Greece’s support package of EUR 341 million for the construction and operation of storage facil…

OPEC

OPEC Upbeat on Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expec…

Nuclear Reactor

About 80% Of U.S. Coal Plant Sites Suitable to Host Nuclear Reactors -U.S. DOE Report

As many as 157 retired coal plants and 237 operating coal plant sites across the U.S. could be converted to nuclear power and help the country reach its net-zer…

Poland

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 Tuesda…

Energy Transition

Investors With $39 Trillion Urge Governments to Plan Fossil Fuel Phase Out

Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing com…