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Natural Gas
Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
United States
US DOE Announces $44M Funding for EGS Innovation Projects
Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
Crude Oil
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…
CCS
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…
Energy Investment
‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…
Wind Turbine
Azure Power Signs Deal With Siemens Gamesa for Wind Turbines
Siemens Gamesa to supply 96 units of SG3.6-145 onshore wind turbines to be supplied to Indian independent sustainable energy solutions provider Azure Power
Nuclear waste
Nuclear Waste Recycling Startup Wants to Solve the ‘Ball and Chain’ Problem Holding Back Nuclear
Ed McGinnis knows firsthand about the nuclear waste problem in the United States after working for the Department of Energy from 1991 to 2021.
Wind Power Project
Nordex Receives Orders for 100 MW of Wind Power From Germany in July
Nordex will supply 19 wind turbines for various customers, including projects in Baden-Württemberg, North Rhine-Westphalia and Mecklenburg-Western Pomerania.
Solar Power Plant
Iberdrola Toasts First Portuguese PV Commissioning
Iberdrola has commissioned its first solar farm in Portugal, Spain, one of several projects it was awarded in solar auctions in 2019, totalling 187MW.
Electric Car
SoftBank-Backed Ola Electric Wants to Launch a Made-In-India EV in 2024
Ola Electric is the EV arm of ride-hailing firm Ola, which was established in 2011.
Electric Car
U.S. States Urge Postal Service to Halt Gas Vehicle Purchases
A group of 17 state attorneys general urged the U.S. Postal Service (USPS) to halt planned purchases of gasoline-powered delivery vehicles pending a new environ…
Natural Gas
Heatwave Sends European Gas Prices Higher
Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.
Wind Turbine
Optimizing the Energy Output of Wind Farms
Wind energy has provided society with basic power needs for centuries, from harnessing the wind to propel boats as early as 5000 BC to driving irrigation pumps …
Offshore Wind Power
Keppel Corporation and Keppel Infrastructure Trust Jointly Invest in Offshore Wind Farm
Keppel Corporation Limited and Keppel Infrastructure Fund Management Pte Ltd (KIFM) have announced that they are jointly investing €305.0 million to acquire a …
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