Bill

Germany

Germany to Introduce Bill to Accelerate Wind Energy Expansion

Germany's economy and climate ministry will present a package of measures to speed up the expansion of wind energy.

Carbon Emissions

NY Bill Aims to Limit Crypto Miners Using Fossil Fuel-Generated Power

The New York State Legislature has passed a bill that would impose a two-year moratorium on the use of fossil-fuel power plants to provide energy to miners of c…

Nuclear Power Plant

Americans Split on Nuclear Energy as Safety Worries Linger

Just under half of Americans support nuclear power to generate electricity, a waning industry the Biden administration has been trying to revitalize with billio…

Smart Meter

Smart Meters and Smart Grids Key In SDG&E’s Clean Energy Plan

San Diego Gas & Electric (SDG&E) has filed a $3 billion plan for the years 2024-2027 towards its ongoing clean energy drive.

Hydropower Plant

Huadian Helping Cambodia Meet Green Transition Goals

SOE produced more than 8.4 billion kilowatt-hours of clean power since launch of first unit in 2013

Oil & Gas Supply

Germany Faces 5 Billion Euros a Year Hit From Russian Gas Sanctions, Welt Am Sonntag Reports

Russia's sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay…

Hydrogen Production

South Korean Companies To Build $1 Billion Green Hydrogen Plant in UAE

Three South Korean companies have signed an agreement to build a $1 billion green hydrogen and ammonia production plant in the United Arab Emirates.

Solar Power Panel

World’s Solar Panel Leader Comes Down to a 28-Millimeter Fight

Two Chinese solar giants are in a tussle over technology standards that hinges on a mere 28 millimeters, with the outcome set to determine which company has an …

United Kingdom

Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion

The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…

LNG

Shell Greenlights $2.5 Bln Crux Gas Project off Australia

Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion.

Net Zero Emission

Vanguard Commits $290 Bln of Assets to Be Net-Zero by 2050

Vanguard, the world's second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world's climate goal by 2050 and be at least h…

Clean Energy Transition

S.africa Needs $250 Bln Over Three Decades for Clean Energy Transition - Report

Moving South Africa's coal-dominated economy onto a greener footing will require at least $250 billion over the next three decades, a report released on the sid…

Oil Price

UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge

Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…

Hydrogen Project

Iberdrola Boss Pledges €3BN to Fuel Europe’s Green Hydrogen Economy

Ignacio Galán, chairman of Spanish energy giant Iberdrola, has announced at the World Economic Forum in Davos that the company will invest €3 billion ($3.2 bi…

Net Zero Emission

Elon Musk, Alphabet, & Joe Biden (USA) Just a Few Investing Billions Into Carbon Removal

As the world shifts toward clean energy in its automobiles and its energy generation tactics, experts say there’s still a lot of work to do to ensure global te…