Eu

Nuclear Reactor

DOE Formalises Test Reactor Decision

The US Department of Energy (DOE) has issued its Record of Decision on the Final Environmental Impact Statement (FEIS) for the sodium-cooled fast neutron reacto…

OPEC

OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting

The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources t…

Energy Storage Battery

European Battery Stakeholders to Collaborate

The Batteries European Partnership Association (BEPA) and Batteries Europe are integrating their working groups.

Net Zero Emission

Blockchain 24/7 Carbon-Free Energy Traceability for Corporates

European blockchain start-up FlexiDAO’s energy traceability solution is to be offered in conjunction with Altenex Energy’s Insights.

Natural Gas

Europe Signs off Voluntary Gas Cuts to Combat Energy Crunch

Member states agreed to reduce their gas demand by 15% compared to their average consumption in the past five years

Natural Gas

EU Greenlights €5BN German Scheme to Support Energy and Trade Intensive Firms

Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices

Europe Needs Faster Renewables Growth Rate to Reach Climate Goals

Wind and solar energy deployment in the European Union is not proceeding fast enough to meet global climate goals due to a slow permitting process, a report by …

Natural Gas

EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility

The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply…

Natural Gas

US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply

Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …

Natural Gas

Return of Coal a Threat to European Companies’ ESG Ratings

European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to…

Spain

Iberdrola and EU Bank Ink €550M Loan to Boost Renewable Energy in Spain

The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one millio…

Electric Car

Volkswagen-Backed Northvolt to Develop Wood-Based Batteries for EVs

The attempt to develop battery materials from a range of sources comes as major European economies lay out plans to move away from road-based vehicles that use …

United Kingdom

Anglo-German Interconnector Project Reaches Financial Close

The NeuConnect interconnector project linking the UK and German energy markets has reached financial close.

Siemens Energy Bags DolWin4 and BorWin4 Grid Connection Contracts

European TSO Amprion Offshore GmbH has commissioned Siemens Energy to supply the necessary technology for the converter stations of the DolWin4 and BorWin4 grid…

Airbus Joins Investor Club of Eur-1.5BN HY24-Managed Clean Hydrogen Fund

Aircraft maker Airbus Group (EPA:AIR) said on Thursday it has invested in a clean hydrogen infrastructure fund managed by Hy24, the joint venture platform of Pa…