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Russian Federation

Enel Offloads Its Russian Assets for €137M

The company is forecasting a hit of approximately €1.3 billion on net income.

Energy Transition

Australia Needs Coal, Gas to Back up Renewables - Regulators

Australia's Energy Security Board proposed on Monday paying coal- and gas-fired generators for buffer supply on the grid but offering longer-term contracts for …

Hydrogen Project

Australian Companies in the Mix for Southland Hydrogen Plant

Australian companies Woodside Energy and Fortescue Future Industries are counterparties in final stage negotiations to become lead developer of the prospective …

Natural Gas

Austria Revives Coal-Fired Power Option as Russia Cuts Gas Supply

Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restr…

Hydropower Plant

South Korea’s LG Chem Plans to Build Hydrogen Plant to Cut Carbon Emissions

South Korea's LG Chem Ltd said on Monday it planned to build a hydrogen plant in South Korea to produce 50,000 tonnes of hydrogen annually by the second quarter…

United Kingdom

UK’s Ofgem Proposes New Rules to Protect Customers Amid Soaring Energy Prices

Britain's energy regulator on Monday proposed new measures to protect consumers' money and prevent energy suppliers from charging high direct debit payments, a …

Net Zero Emission

Qantas, Airbus to Invest up to $200 Million to Develop Australian Sustainable Aviation Fuel Industry

Qantas Airways and Airbus said on Sunday they would invest up to $200 million to accelerate the development of a sustainable aviation fuels (SAF) industry in Au…

LNG

Qatar Energy Partners With Eni for North Field East LNG Project

Qatar Energy signed a deal with Eni on Sunday on the Gulf Arab state's North Field East expansion, the world's largest liquefied natural gas (LNG) project, foll…

Germany To Provide 15 Billion-Euro Credit Line To Fill Gas Storage

Germany will provide an additional 15 billion euros in credit lines for the purchase of gas to replenish storage facilities.

Ireland

Ireland’s Energy Poverty Breaks New Record

The number of fuel poor households surpassed that recorded 28 years ago, according to a report.

Wind Farm

GE Acquires Minority Stake in 148MW Onshore Wind Farm in India

GE Renewable Energy has acquired a 49% stake in the Indian independent power producer Continuum Green Energy’s 148.5MW Morjar onshore wind project in Gujarat, …

EU

EU and Egypt Boost Co-Operation on Climate, Energy and Green Transition

They will join efforts to implement the Paris Agreement and ensure ambitious outcomes at COP27, which is taking place in Sharm El-Sheikh this November

Non-hydropower to Grow 230GW Annually From 2020 to 2024

Asia will be the key growth driver, accounting for 55% global generation growth.

Wind Turbine

End-Of-Life Plan Needed for Tens of Thousands of Wind Turbine Blades

A new study led by The University of South Australia indicates tens of thousands of wind turbine blades will end up in landfill by the end of the decade unless …

EU

Europe Needs 14GW/Year of Energy Storage – Ease

The European Association for Storage of Energy (EASE) assesses Europe’s storage needs around 200GW by 2030 and 600GW by 2050.