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Smart Meter

UK Smart Meter Data ‘Set for Five-Fold Growth Over the Next Four Years’

It is estimated that one billion messages were sent over the national smart meter network in July

Wind Farm

Masdar, CPPIB Among Those Seeking Stake in Iberdrola’s 1.4 Billion-Euro German Wind Farm

Abu Dhabi's Masdar and Canada Pension Plan Investment Board (CPPIB) are weighing binding offers for a 40% stake in Iberdrola's German offshore wind farm in a de…

Smart Meter

Asia-Pacific Forecast to Reach 1 Billion Smart Electricity Meters by 2026 – Study

The smart electricity metering market in Asia-Pacific is on its way to reaching a historic milestone of 1 billion installed devices, according to a new research…

United States

US Senate Gives Green Light to Landmark Climate Deal

In a head-snapping reversal, Sen. Joe Manchin (D-WV) said July 27 that he had reached a deal with Majority Leader Chuck Schumer on a budget reconciliation packa…

Centrica’s Profits Soar Five-Fold

Profits of Britain’s largest energy supplier increased to £1.34 billion

Iberdrola Sees Profits Soar With International Business Offsetting Spain’s Results

Iberdrola has recorded a net profit of €2.07 billion (US$2.1 billion) in the first half of 2022 due to strong performances in its international business offset…

Shell Reports Record Profit of $11.5 Billion

Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices.

LNG

US Takes Over as World’s Largest LNG Exporter

LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021

Smart Meter

Italgas – Smart Gas Networks at Core of Investments

Italian gas DSO Italgas is planning €8.6 billion (US$8.8 billion) investments in smart gas meters and other technologies and activities by 2028.

Crude Oil

Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year

Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.

Nuclear Fusion

Google and Chevron Invest in Nuclear Fusion Startup That’s Raised $1.2 Billion

Google and Chevron were part of a $250 million funding raise announced Tuesday for TAE Technologies, a nuclear fusion startup with an unconventional strategy th…

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region

Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects includin…

Uniper: How Long 2 Bln Euro Credit Facility Will Last Depends on Market

Embattled German utility Uniper said that how long a 2 billion euro ($2.02 billion) credit facility it drew down earlier Monday would depend on how the market d…

Nuclear Fusion

Investment In Nuclear Fusion Is Exploding

Nuclear fusion has attracted more than $2.8 billion in new investment over the past year.

United Kingdom

UK Approves 25% Windfall Tax on Oil and Gas Producers

British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…