Bill

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.

Smart Meter

Switch2 Energy Releases Heat Savings Calculator amid Cost of Living Crisis in UK

As energy bills are on a staggering rise, a new heat network efficiency savings calculator has been made available to UK network operators by Switch2 Energy as …

Hydrogen Production

2022—the Year the Hydrogen Economy Launched?

The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D

Natural Gas

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss

German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…

United Kingdom

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’

The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap

CCS

Renewable Energy, Electrification Big Winners in Inflation Reduction Act

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…

LNG

Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project

Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…

Oil & Gas Supply

Europe’s Efforts to Shield Households From Soaring Energy Costs

Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…

CCS

Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas prop…