Anu

Electric Car

Prices of EVs Could Rise by 10% In 2024

That’s the warning from carmakers, after EU rules on manufacturing are set to change in two years.

France

First Winter Cold Snap Tests French Power Grid

Temperatures hovering near zero in coming days will test the resilience of France's power network, even as President Emmanuel Macron urged the French not to pan…

Crude Oil

UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources

Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…

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 …

Saudi Aramco Signs Agreements Worth $11BN With Manufacturers

The move could create 5,000 jobs in Saudi Arabia over the next decade

Nuclear Power Plant

Nuclear Outage Raises Risk to Finland Power Supply

The latest delay to Finland's Olkiluoto 3 (OL3) nuclear reactor further increases uncertainty around the country's power supply this winter, especially in Janua…

Natural Gas

Germans Face More Power and Gas Price Hikes in January - Portal

Many German households face another 50%-plus hike in power and gas supplies in January due to the lag in suppliers passing on higher wholesale market prices and…

Energy Transition

The Energy Transition Will Fail Unless Industry Fixes Wind Power Issues, Siemens Energy CEO Says

Siemens Energy says its “overall performance” has been “held back by the negative development at Siemens Gamesa Renewable Energy,” a wind turbine manufactur…

Solar Materials

51% Of Global Jinkosolar Facilities Powered by Clean Energy

Chinese solar module manufacturer JinkoSolar says it aims to have 60% of its global facilities powered by clean renewable energy by end of 2023.

Hydropower Plant

New Report Highlights Australia’s Massive Potential for Pumped Hydro

Researchers from The Australian National University (ANU) have released a detailed study outlining 1,500 additional locations across the country that could be u…

Coal-Fired Power Plants

South Africa’s Energy Crisis May Last for Years

South Africa’s recent focus on coal-powered generation has led to a collapse of the country’s renewable energy manufacturers and power providers, and the curr…

Electric Vehicle Battery

Indonesia's Adaro Signs MoU With Hyundai for Aluminium Supply

Indonesian metals company PT Adaro Minerals Indonesia, Tbk has signed a memorandum of understanding (MoU) with South Korea's Hyundai Motor Company on aluminium …

Electric Car

World-First: Volvo Delivers Electric Trucks With Fossil-Free Steel to Customers

As the world’s first truck manufacturer to do so, Volvo has begun using fossil-free steel in its trucks.

Cold Climate Heat Pump Tech Developed for Heating Efficiency Below Zero

Cold climate heat pump tech is being developed by Trane Technologies in the US to ensure high-efficiency heating in freezing temperatures.The Systems Extreme En…

EU

EU Commission Offers €3bn for Innovative Cleantech Projects

It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and …