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Offshore Wind Power
UK Faces 60 Billion STG Wind Bill and Rising Energy Import Dependence Risk
Some 60 billion pounds is required if Britain is to achieve its goal of quadrupling its offshore wind power capacity to 40 gigawatts by 2030.
Smart Meter
SparkMeter to Grow Advanced Metering Solution in Emerging Markets
SparkMeter has raised $10 million led by Accurant International and including existing investors Breakthrough Energy Ventures and Clean Energy Ventures.
Will Turning down Europe’s Thermostats Ease the Gas Supply Crisis?
To counter the extremely high gas prices caused by the Russia-Ukraine crisis the IEA has proposed turning thermostats down in households to use less gas.
Germany
Israel, Germany Partner for Sustainable, Affordable Energy
Israel and Germany have partnered to discuss strategic cooperation in bringing a reliable, sustainable, and affordable energy.
Crude Oil
U.S. Oil Exports Surge, Drawing Crude away From Storage Hub
U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub …
Nuclear Fusion
Nuclear Fusion: Inside the Construction of the World’s Largest Tokamak
How close are we to achieving reliable nuclear fusion? The ITER experiment in France aims to bring the process closer to reality.
Natural Gas
Will Importers Cave into Putin’s Gas for Rubles Demand?
Russian President Vladimir Putin recently required “unfriendly” buyers of the country’s natural gas to pay in rubles, a move that could have far-reaching imp…
EU
EU's Borrell Says Nuclear Agreement with Iran 'Very Close'
Top EU diplomat Josep Borrell said on Saturday Iran and world powers were "very close" to agreement on reviving their 2015 nuclear deal.
China
China and Nepal Study Feasibility of Cross-Border Power Grid
China and Nepal will conduct a feasibility study to construct a high-voltage power transmission line across the Himalayas to facilitate the exchange of electric…
Spain
Aquila Acquires 100MWp Solar PV Portfolio in Spain
Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio’…
Ukraine
Ukraine Impact on Energy Prices to Force UK Slowdown
Britain’s economic growth is expected to slow down as the Ukraine conflict raises the cost of energy and commodity prices.
LNG
EU Strikes Gas Deal with the U.S. as It Seeks to Cut Its Reliance on Russia
U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukr…
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
China
China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025
China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.
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