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Net Zero Emission
Ørsted Extends Its 100% Renewable Electricity Target to All Suppliers
Ørsted has set a clear expectation towards all suppliers to use 100 % renewable electricity by 2025, becoming the first energy company in the world to do so.
Solar Power Plant
Iberdrola Starts up ‘Francisco Pizarro’, the Largest Photovoltaic Plant in Europe
The plant will produce enough clean energy to power more than 334,000 homes and prevent the emission of 150,000 tonnes of CO2 per year.
Smart Meter
Serbia Smart Metering Project Supported
Phase one of Serbia’s smart metering implementation has been awarded €7.8 million ($8 million) from the EU through the Western Balkans Investment Framework. …
OPEC
Iraq’s July Oil Output Rises by Around 70,000 Bpd, Somo Data Show
Iraq pumped 4.584 million barrels per day (bpd) of oil in July, up by 69,000 bpd from June, data from state-owned marketer SOMO seen by Reuters showed on Wednes…
Biomass Power Plant
Italian Scheme to Support Biomethane Production Granted EU Approval
The biomethane produced will be injected into the national gas grid for use in the transport and heating sectors.
EU
EU Approves €110M Austrian Scheme to Support Agri-Producers Hit by Rising Energy Costs
The measure will be open to companies active in the primary agricultural production sector that have been affected by the increase in energy prices, fertilisers…
Oil Price
Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks
Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…
Natural Gas
EU Emergency Gas Plan Can Stabilise or Even Lower Prices - German Network Chief
The head of Germany's network regulator welcomed the European Union's gas emergency plan, which came into effect on Tuesday, in comments to the ZDF broadcaster.…
Hydrogen Project
The Utility of Pipelines in Europe’s Unfolding Hydrogen Strategy
By virtue of its geographic position, significant sunny days and abundant wind, Greece is being seen as the new hub for hydrogen in Europe.
Wind Turbine
Siemens Energy Warns of Deeper Net Loss Over Russia Restructuring
Siemens Energy, which supplies equipment to the power industry, on Monday warned of a deeper than previously expected net loss in 2022, on a charge of around 20…
LNG
Potential Curb on Australian LNG Exports Is Another Blow to Asia-Pacific Gas Markets
Asia-Pacific has been suffering months of tight LNG supplies and soaring prices in the region due to competition from European buyers looking to replace restric…
Net Zero Emission
Europe to Install 45 Million Heat Pumps in the Residential Sector by 2030
Norway and Italy frontrunners, but UK falls behind in heat power decarbonisation
European Consumers Want More Renewable Power to Ease Climate and Affordability Concerns
New research commissioned by Statkraft found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, …
Nuclear Power Plant
Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis
High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants.
Nuclear Power Plant
Europe’s Largest Nuclear Power Station Is “Out of Control”, Says Un Nuclear Chief
IAEA’s Director-General said every principle of nuclear safety has been violated at the Zaporizhzhya Nuclear Power Plant.
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