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Octopus to Take Over Collapsed Supplier Bulb

Octopus will take on Bulb’s 1.5 million customers.

How Super-Hot Rocks Miles Under the Earth’s Surface Could Provide Limitless Clean Energy

Superhot rock geothermal energy can be generated from dry rock that’s at least 752 degrees Fahrenheit. It exists all over the earth at depths between two and 1…

Net Zero Emission

UN: ‘Climate Promises Are Offering Little Hope’

It claims that on the current track by 2100 the world could have warmed by 2.6°C.

Exxon's Third-Quarter Record Profit Surges on Higher Energy Prices

The Texas-based company posted a net profit of $19.66bn for the three months to September 30.

Net Zero Emission

Northern Ireland Invests £88m in New Zero Emission Buses

The investment will support the supply of 100 new zero-emission buses.

Carbon Emissions

Greenhouse Gas Emissions Created by Electronic Waste Increased by 53% Between 2014 and 2020

Greenhouse gas emissions into the atmosphere from electronic devices and their associated electronic waste increased by 53 percent between 2014 and 2020, includ…

Coal-Fired Power Plants

US Sees Decline in Coal-Fired Generation After 2021 Surge – Report

US coal-fired generation will be down 6% in 2022 compared to 2021, according to the latest Short-Term Energy Outlook from the US Energy Information Administrati…

Offshore Wind Power

New Record Set as Wind Power Generates Half of UK’s Electricity

The UK’s National Grid ESO announced that onshore and offshore wind farms generated a record high of 19,936MW of electricity on Wednesday 26 October 2022.

Net Zero Emission

‘Greenhouse Gases Reached Record Levels in 2021’

Methane, carbon dioxide and nitrous oxide all hit peak levels after the pandemic.

EU

EIB Group Supports REPowerEU Plan With €30BN Financing

Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.

Crude Oil

World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022

The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following the war in Ukraine.

Guyana

Exxon Makes More Oil and Gas Discoveries Offshore Guyana

U.S. oil and gas major Exxon Mobil has announced on Wednesday that it has made two more discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block of…

Net Zero Emission

Saudi Aramco Unveils $1.5BN Sustainability Fund

It will initially focus on sectors such as carbon capture and storage, hydrogen, greenhouse gas emissions and energy efficiency.

Hydrogen Project

ACWA Power and Industrial Development Corporation of South Africa (IDC) Set to Explore Green Hydrogen Projects in South Africa

Agreement intends to accelerate the green hydrogen economy in South Africa and paves the way to project(s) potentially valued at $10 billion.

Energy Transition

TotalEnergies Buys Stake in Brazilian Renewables JV

TotalEnergies and Brazillian developer Casa dos Ventos (CDV) have created JV to jointly develop, build and operate the latter's 12GW renewables portfolio.