Eu

Italy

Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows

Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…

Solar Technology

EU Continues to Be at the Forefront of Clean Energy Research

The rapid development and deployment of home-grown clean energy technologies in the EU is key to the response to the current energy crisis, the European Commiss…

Electric Car

Technology Trending: Community Solar, Battery Production and Supply and Japan E-Mobility

Scaling up battery production in Europe, advancing e-mobility with battery supply in Japan and a new community solar project in New York, are on the week’s tec…

Smart Meter

Europe’s Smart Electricity Meter Penetration Reaches 56%

This corresponds to the deployment of about 9.2 million meters across the region, the EU27+3, during the year taking the total from 163 million units at the end…

Energy Transition

Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls

Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were s…

Nuclear Reactor

EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos

A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion…

Germany

Germany Is Not Blocking EU Energy Solution but Is 'Sceptical', Minister Says

Germany is not standing in the way of the European Union's solution to the energy crisis, Economy Minister Robert Habeck told the Handelsblatt daily on Thursday…

Wind Farm

France’s First Commercial-Scale Offshore Wind Farm Starts Full Operations

France's first commercial-scale offshore wind farm started full operations on Wednesday, adding 480 megawatts of capacity to the grid at a time when Europe is s…

Energy Storage System

Tesla Giant Battery Built Near Dogger Bank Offshore Wind

The project hailed as “Europe’s largest” battery, has the capacity to power around 300,000 UK homes for two hours

Natural Gas

EU Executive Proposes Gas Price Cap at 275 Euros/MWh

The European Union executive on Tuesday proposed a gas price cap for the bloc at 275 euros ($282) per megawatt hour for month-ahead derivatives on the Dutch exc…

Energy Storage System

Harmony Energy Income Trust Brings Europe’s Largest Battery Energy Storage System Online

Europe’s biggest battery energy storage system (BESS) (by MWh) located in East Yorkshire, the UK, has been successfully energised.

Energy Investment

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 …

Oil Refinery

Strike at BP’s Largest European Refinery Could Deepen Diesel Crisis

Refinery workers at BP’s biggest refinery in Europe are on a partial strike over demands for higher wages and will not cooperate in efforts to restart the Rott…

EU

R2D2 Project to Improve the Reliability, Resilience and Defence of Europe’s Grid

The R2D2 (Reliability, Resilience and Defence technology for the griD) project has been launched to address the growing number of threats and vulnerabilities th…

Energy Storage System

UK Unveils Europe’s Largest Energy Storage System

Europe’s largest battery energy storage system by megawatts per hour will be officially online from today, marking a new era in power diversification in the UK…