1

Natural Gas

‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says

The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.

Canada

Canadian-Portuguese Joint Venture Plans $1.04 Bln Hydrogen Plant in Sines

Canadian renewable energy company Neogreen Hydrogen and Portuguese developer of photovoltaic solar parks Frequent Summer announced on Monday plans to invest mor…

Fossil Fuel Cost Savings in Asia Could Reach $44b: Report

This $10b more than in the first half of 2022.

Hydropower Plant

Nigeria Offers Concession on $1.3 Billion China-Funded Hydro Power Plant

Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-…

Oil Price

Iraq Wants Stable Energy Prices, Prime Minister Says

Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.

Electric Car

Synthetic Graphite Becomes Crucial to Meeting Battery Demand Surge

Rystad Energy: total EV sales this year will reach nearly 10 million units, a 43% jump from 2021 sales.

Coal-Fired Power Plants

The $15 Billion Plan to Curtail Indonesia’s Coal Industry

The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…

Hydrogen Project

Portugal Seeks to Become Major Exporter of Green Hydrogen

Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10 billion euros ($10.2 billion…

Carbon Emissions

Global CO2 Emissions in 2022 ‘Remain at Record Levels’

Projected emissions from coal and oil are above their 2021 levels, according to a new report.

Energy Transition

IRENA’s Energy Transition Platform Bags $1b Investments

The platform aims to ramp up funding for renewable projects in developing countries.

Wind Farm

RWE and Koehler Paper Sign Green Power Agreement

RWE Supply & Trading and Koehler Paper have agreed on a long-term green power supply of up to 175,000MWh per year.

Energy Transition

Brookfield Bets $11.8 Billion on Australia’s Energy Transition

Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…

Wind Power Project

ACWA Power, OIA Ink MoU to Co-Invest in 1.5GW Wind Project in Egypt

The Oman Investment Authority is looking into owning 10% of the project.

Energy Transition

AIIB, GEAPP to Invest $1b for Energy Transition Projects

They will identify co-financing opportunities in both the public and private sectors.

Energy Transition

Show Us the Money: Developing World at COP27 Seeks Financing Details

Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …