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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…
LNG
Floating LNG Projects Boom as Europe Races to Stock up on Gas
Floating LNG projects are booming in both gas-importing countries and gas-producing countries.
E.ON’s Leonhard Birnbaum Takes the Reigns at Eurelectric
Leonhard Birnbaum, CEO and chairman of the Board Management of E.ON, has been appointed acting president of Eurelectric, federation of the European electricity …
Electric Car
Honda Plugs Into German VPP for Grid Stability Proof of Concept
In what the motor giant is calling a huge breakthrough for Vehicle to Grid (V2G) technology, Honda has become the first automaker in Europe to gain Frequency Co…
Crude Oil
Europe Rushes to Fill Up on Russian Diesel Before Ban Begins
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.
Israel
Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects
Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investmen…
Crude Oil
EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials
The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'…
Crude Oil
European Refiners Oversupplied as Oil Shortage Fears Subside
European refiners have found themselves oversupplied with crude as an expected shortage owing to the looming EU ban on Russian oil has yet to materialise.
EIB Approves €4bn in Clean Energy Investment
The Board of Directors of the European Investment Bank (EIB) have approved €4 billion ($4.2 billion) in clean energy investment to upgrade energy networks, enh…
Electric Car
InoBat Inks Declaration for EV Battery Gigafactory in Serbia
InoBat Auto, European developer of Electric Vehicle (EV) batteries, has signed protocols and declarations of intent with the Government of the Republic of Serbi…
EU
EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’
The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a…
Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
Carlyle Launches European Clean Energy Developer: ‘We Would Rather Build’
Private equity firm Carlyle Group Inc has formed a unit to build solar and other renewable energy plants as part of a push into creating infrastructure to addre…
Namibia
Namibia’s First Green Hydrogen Power Plant Finds Finance
Hydrogène de France (HDF) Energy has partnered with European Investment Bank partner to implement Namibia’s first green hydrogen power plant.
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