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SMR

Small Modular Reactors Aren’t Difficult Nuclear Waste Generators

Many experts believe small modular reactors (SMRs), which are generally classified as nuclear power reactors with an electrical output of 300 MW or less, offer …

United Kingdom

Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge

The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…

Natural Gas

ICE Warns EU Gas Price Cap Could See Prices Rise

An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.

Energy Investment

Losses May Force Japanese, S. Korean Utilities to Delay Green Investment

South Korean and Japanese power utilities are sustaining heavy losses, kept from passing rising generation costs on to customers and, according to analysts, for…

CCS

Denmark Awards First CO2 Storage Permit

The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 …

Pumped Storage

‘Geomechanical Pumped Storage’ Startup Quidnet Gets Us$10 Million ARPA-E Funding

Quidnet, a company developing a proprietary mechanical energy storage technology, has been selected to receive funding from the US Advanced Research Projects Ag…

Net Zero Emission

Adnoc to Set up New Vertical in Decarbonisation Push

Musabbeh Al Kaabi, chief executive of Mubadala's UAE investments platform, has been named executive director.

Gas Turbine

GE Releases New Option to Cut Emissions on Its Mobile Gas Turbines

GE Gas Power announced on Dec. 6 that it has deployed an “innovative technical solution” on four TM2500 aeroderivative gas turbines at the California Departme…

Energy Storage Project

KBR to Design Offshore Energy Storage for Crosswind

KBR has been awarded a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Ene…

Romania

MET Group Enters Romanian Renewables Market

Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar pro…

Energy Investment

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…

Offshore Wind Power

Orsted Eyes One of Europe’s Largest Green Hydrogen Plants to Tap North Sea Offshore Wind

Danish renewables giant partners with compatriot developer for power-to-x facility it says could grow to 3GW of electrolysis

EU

Germany Says Borrowing More Money to Compete With the U.S. Would Be a ‘Threat’ to Europe

European Commission President Ursula von der Leyen said Sunday “new and additional funding at the EU level” will be needed to make European companies more com…

Electric Car

Prices of EVs Could Rise by 10% In 2024

That’s the warning from carmakers, after EU rules on manufacturing are set to change in two years.

United States

Methane Production Increases at a Faster Rate in Response to Ecosystem Warming

Scientists working at the ongoing Department of Energy's (DOE) Spruce and Peatland Responses Under Changing Environments (SPRUCE) experiment use the site's nort…