Energy

EU

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 b…

United States

Mexico Eyes Possible Energy Dispute Fix, Welcomes New U.S. ‘Tone’

Mexico on Monday voiced hope it could work out a major dispute with the United States over energy policy as it welcomed a top U.S. delegation and President Andr…

Net Zero Emission

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

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 commitm…

EU

EU Chief to Announce Proposals to Address Energy Crisis

The European Parliament is to meet for a plenary session in Strasbourg on Wednesday

Geothermal Power Plant

US Department of Energy Launches Geothermal Earthshot Initiative

This is the DoE's fourth energy Earthshot initiative launched in the Biden administration

Energy Transition

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climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…

Electric Car

Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects

U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…

Crude Oil

U.S. Emergency Oil Reserves Tumble to Lowest Since 1984

U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…

Hydrogen Project

Fortescue Considers 9.2GW Green Hydrogen Project in Egypt

Egyptian president Abdel Fattah El-Sisi has met with Fortescue Future Industries (FFI) to discuss the development of green energy projects in the region.

Smart Meter

LV Support Room Uses Smart Meter Data to Expedite Fault Detection

Transmission and distribution network operator SP Energy Networks has opened a new low voltage (LV) support room, which leverages data from smart meters and sub…

Microgrid

ABB-Backed Research Will Develop Smart Microgrid Cybersecurity Testbed

With the increasing penetration of smart tech in our grids, the threat of cybersecurity likewise rises. To research and develop technologies to combat such thre…

Clean Energy Sector Set for Record Employment Growth Rate – IEA

Global employment in the energy sector has risen above its pre-pandemic levels, led by increased hiring in clean energy.

Electric Car

Technology Trending: Superfast EV Charging, Propane for Aircons, Robobug, Zero-Emission Yachting

Machine learning based battery charging protocols, propane as an energy efficient and environmentally friendly coolant for space cooling, the remotely controlle…

Energy Sector Employment Exceeds Pre-Pandemic Levels: IEA

It may increase by 6% in 2022.