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Paris Climate Agreement
‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’
The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.
Electric Car
GM Looks To Take On Tesla In New EV Energy Venture
GM Executive Travis Hester: “We’re getting into the entire ecosystem of energy management.”
Electric Car
Smart Thermostats and EVs Connected in US Demand Response Partnership
A new partnership in the US has concocted a DERMS-powered programme to coordinate demand response via smart thermostats and electric vehicles (EVs).
Natural Gas
Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward
German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co…
Oil Price
Goldman: U.S. SPR Crude Releases to Have Modest Price Influence
The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …
Electric Car
Vehicle Manufacturers to Double Spending on EVs, Batteries to $1.2 Trillion by 2030
Car makers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production.
Wind Farm
Ørsted Partners with ECP in the Company’s First-Ever Farm-down of Onshore Assets
Ørsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio c…
Offshore Wind Power
Vena Energy to Develop 2,000MW Offshore Wind Project in Australia
The project will be located off the Victorian Coast in the Gippsland Basin.
Nuclear Reactor
Key Milestone Achieved in Development of Molten Chloride Fast Reactors
Georgia-based utility Southern Company and nuclear reactor design firm TerraPower have installed a test facility at TerraPower’s laboratory in Everett, Washing…
Net Zero Emission
Zero-Emission Transport a Step Closer Thanks to New UCL-HORIBA Partnership at UCL East
A new HORIBA Chair will work with industry and academia to champion and develop new propulsion technologies, creating the next generation of battery and fuel ce…
Oil Field
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende…
Electric Vehicle Battery
VW Steps up EV Battery Development and Production
Volkswagen has established partnerships to investigate new battery materials and to establish a large scale battery supply chain.
Hydrogen Project
Germany Is the Site of the World’s Largest Green Hydrogen Project
Fortescue Future Industries and Tree Energy Solutions have agreed to develop the world’s largest green hydrogen integrated project "to help Europe mitigate its…
Electric Car
U.S. Boosts EV Purchases, but Faces Supply Chain Hurdles
The U.S. government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles.
Ammonia
Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast
Energy giants Chevron and Uniper are pairing with Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast…
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