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Offshore Wind Power

Portugal Ups Debut Offshore Wind Auction Target to 10 GW

Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW).

Hydrogen Project

EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development

The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a…

Hydrogen Production

South Korean Firms to Set up Green Energy Hub in Australia

Three major South Korean groups said on Wednesday they hope to build a green energy export hub in Australia's Queensland state, aiming to produce a million tonn…

Natural Gas

Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln

Germany confirms nationalisation of gas importer Uniper.

Carbon Pricing

Britain’s Drax Signs Deal to Sell 2 Million U.S. Carbon Removal Credits

British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International

Net Zero Emission

GM Backs Setting Tough U.S. Emissions Targets for 2030

General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-e…

Natural Gas

Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project

Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…

Natural Gas

Shorter Showers, Slower Driving and an Eiffel Tower Blackout: How Europe Plans to Cut Gas Usage This Winter

From cutting down on showering time to 5 minutes, fining shopkeepers for not closing their doors and driving slower, Europe is embarking on a goal to reduce gas…

Electric Vehicle Battery

Tesla Megapack Battery Caught Fire at PG&E Substation in California

A Tesla Megapack caught fire at a PG&E energy storage facility in Monterey, California on Tuesday.

Nuclear Power Plant

France Prepares to Nationalize Its Struggling Nuclear Industry

The French government already owns 84% of Électricité de France, but it is now planning to fully nationalize the company just as the company warns of a huge 2…

Energy Transition

UN Secretary-General Calls for a Fossil Fuels Intervention

The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…

Natural Gas

Germany Could Nationalize Uniper as Early as Next Week

The German government, energy giant Uniper, and its majority shareholder, Fortum, have reached a preliminary agreement under which Germany will nationalize the …

Crude Oil

U.S. Refiners May Soon Purchase More Canadian Crude

Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive re…

Electric Vehicle Charging

EV Charging Management Platform Monta Secures €30M

Monta’s software delivers an ‘all-in-one’ EV charging platform that simplifies and streamlines deployment, use and management of EV charging infrastructure. …

Carbon Emissions

‘None of the G20 Are Cutting Carbon Quick Enough’

Most countries actually saw increases in emissions