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Energy Saving

UK Government Unveils £1bn ECO+ Energy Efficiency Scheme

It will extend support to those who currently do not benefit from any other government support to upgrade their homes, targeting the least energy efficient home…

Wind Farm

Spain's Acciona to Build $1.3 Bln Wind Farm in Australia in Expansion Drive

Spain's Acciona SA announced plans on Monday to build a wind farm worth A$2 billion ($1.34 billion) in Australia, nearly doubling its investment and generation …

Hydrogen Production

Green Hydrogen Is Not a Silver Bullet Solution

In the United States, the Department of Energy is doling out billions of dollars in federal funding to create up to 10 “hydrogen hubs”.

Crude Oil

Nigeria’s Oil Industry Can Flourish Despite Oil Theft

A recent report from NEITI revealed that the Nigerian government had earned $741.48 billion from oil and gas between 1999 and 2020.

Smart Meter

Europe’s Smart Electricity Meter Penetration Reaches 56%

This corresponds to the deployment of about 9.2 million meters across the region, the EU27+3, during the year taking the total from 163 million units at the end…

Oil Field

Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield

China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, t…

Net Zero Emission

ANZ Earmarks $67 Bln to Accelerate Net Zero Transition

Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030,…

Canada

Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus

Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economi…

Offshore Wind Power

Chinese Groups Unveil World’s Largest Offshore Wind Turbine

Two Chinese companies announced production of the largest offshore wind turbine built to date, a 16-MW unit developed by China Three Gorges (CTG) and Goldwind. …

Offshore Wind Power

Engie and Google Strike Power Purchase Agreement for Scotland’s Moray West Offshore Wind Development Project

French energy company ENGIE and technology giant Google said they had agreed to undertake a 12-year 100 MW corporate power purchase agreement to support Scotlan…

United Kingdom

UK Could Add 1GW of Hydropower With Policy Support – Report

A report commissioned by the British Hydropower Association reveals hydropower can provide an additional 1GW of energy in the UK under the right policy framewor…

United Kingdom

UK’s Ofgem Says Household Energy Bills to Rise to Nearly $5,200/Year

British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to 4,279 pounds ($5,170.74) a year from January to …

Electric Vehicle Charging

Smart On-Street Charging Could Save £4.1BN a Year by 2030

Smart charging installed at public EV chargers could save drivers more than £600 per year, according to a government-backed report

United Kingdom

Dismantling Old North Sea Wells Could Cost £20BN

It is estimated around 2,100 wells in the North Sea will be decommissioned over the next decade

Green Hydrogen Export Opportunities in Africa Show Endless Promise

Africa could capture as much as 10% of the global green hydrogen market, helping to create up to 3.7 million jobs and adding as much as $120 billion to the cont…