Bill

Electric Car

Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects

U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…

Oil Price

What Will Be Inside UK’s Energy Bill Package for Households and Businesses?

Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week

Natural Gas

Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture

Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…

Energy Transition

Transport Group CMA CGM Launches $1.5 Bln Energy Fund

French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…

Oil Price

Will Germany Introduce a Windfall Tax on Energy Firms?

As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…

Smart Grid

$10.5 billion programme for US grid upgrades launched

The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid…

Smart Meter

EDF Looks to Pay as You Go Meters amid British Billing Crisis

Electric utility company Électricité de France (EDF) has announced support packages for British consumers, one of which involves using smart prepayment meters…

Nuclear Reactor

South Korea’s SK invests $250m in Bill Gates’ TerraPower

The equity investment will enable SK to join TerraPower’s nuclear reactor commercialisation projects in Korea and Southeast Asia

Natural Gas

Germany to Slash Tax on Household Energy Bills

VAT on gas has been cut to 7% to help people with soaring energy costs

Wind Farm

Saudi Arabia Is Planning to Build the World’s Largest Wind Farm in Uzbekistan

Saudi Arabia has promised as much as $14 billion in investments in Uzbekistan, with $12 billion earmarked to address ongoing energy shortages.

United States

U.S. To Spend More Than $500 Billion on Climate Over a Decade Under Three Laws, Study Says

The U.S. government will spend more than $500 billion on climate technology and clean energy over the next decade under three recently enacted laws, an analysis…

Offshore Wind Power

Germany Has Potential for 82 GW of Offshore Wind Power

Germany now has 7.8 GW of offshore wind turbines in operation that generated 12 billion kWh of wind power in the first half of 2022.

Natural Gas

Italian Manufacturers Cut Output to Save Energy, Government Official Says

Energy-intensive industries in Italy are modifying their production to save energy as they struggle with soaring bills, a top official at the ecological transit…

India

India May Not Reach 175GW RE Capacity Target by 2022: Fitch

The passage of the Energy Conservation (Amendment) Bill will support its growth.

Wind Farm

Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements

Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.