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United Kingdom

Octopus Energy Takeover of Collapsed UK Rival Bulb Faces Legal Challenge

The British government’s decision to approve collapsed energy supplier Bulb’s acquisition by Octopus Energy faces a legal challenge from rival suppliers in ea…

Wind Farm

Billionaire Forrest Aims to Develop 5 GW of Wind Farms by 2030

CWP Renewables, now in the hands of Andrew Forrest, plans to develop 5 gigawatts of wind farms in Australia by 2030.

LNG

U.S., Britain Launch Energy Partnership to Boost Supplies

The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …

Energy Transition

G7 Makes New $15 Billion Offer to Vietnam to Cut Coal Use -Sources

The Group of Seven (G7) industrialised nations has made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transit…

United States

U.S. Power Use to Hit Record in 2022 on Economic Growth, Hotter Weather -EIA

U.S. power consumption will rise to a record high in 2022 because of increasing economic activity and hotter summer weather, the U.S. Energy Information Adminis…

Indonesia

Indonesia Govt to Create a Mechanism for Rollout of B35 Biodiesel Policy

Indonesia's president has asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a senior minister said on Tuesday.

France

Engie CEO Says France Fell Behind in Wind Power Rollout

France fell behind in rolling out wind farms despite vast resources, the chief executive of Engie, one of the country's main power and gas suppliers, said on Tu…

Wind Farm

UK Government to Ease Ban on Onshore Wind Farms to Head Off Revolt

British Prime Minister Rishi Sunak's government on Tuesday said it would ease restrictions on building onshore wind farms, heading off a revolt by his party's l…

Offshore Wind Power

California Offshore Wind Sale Ends First Day With $400 Mln in High Bids

The United States' first sale of offshore wind development rights off the coast of California attracted more than $400 million in bids on Tuesday from companies…

Pumped Storage

‘Geomechanical Pumped Storage’ Startup Quidnet Gets Us$10 Million ARPA-E Funding

Quidnet, a company developing a proprietary mechanical energy storage technology, has been selected to receive funding from the US Advanced Research Projects Ag…

Net Zero Emission

Adnoc to Set up New Vertical in Decarbonisation Push

Musabbeh Al Kaabi, chief executive of Mubadala's UAE investments platform, has been named executive director.

Gas Turbine

GE Releases New Option to Cut Emissions on Its Mobile Gas Turbines

GE Gas Power announced on Dec. 6 that it has deployed an “innovative technical solution” on four TM2500 aeroderivative gas turbines at the California Departme…

Energy Storage Project

KBR to Design Offshore Energy Storage for Crosswind

KBR has been awarded a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Ene…

Romania

MET Group Enters Romanian Renewables Market

Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar pro…

Energy Investment

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…