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France

First Winter Cold Snap Tests French Power Grid

Temperatures hovering near zero in coming days will test the resilience of France's power network, even as President Emmanuel Macron urged the French not to pan…

EDF Sold Excess Power on Sunday, Forced to Buy Back on Intraday Market

Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the compan…

Natural Gas

Eastward Gas Flows via Yamal-Europe Pipeline Fall to Zero

Eastbound gas flows through the Yamal-Europe pipeline to Poland from Germany fell to zero on Monday morning, while Russian supplies to Europe via Ukraine inched…

United Kingdom

UK Power Networks Launches Biggest-Ever Flexibility Tender

UKPN has launched a Flexibility Tender that could potentially unlock more than 500MW of capacity, equivalent to 300,000 homes over the next three years.

United Kingdom

Octopus Acquires Solar Developer

Zestec has a pipeline of more than 160MW of new UK solar energy.

Oil Price

Saudi Arabia Cuts Oil Prices to Asia to 10-Month Low

Saudi OSPs to Asia hit 10-month low amid slowing physical demand.

United Arab Emirates

New UAE Law Regulates Renewables Production Units Link to Grid

This is in line with UAE’s plan to diversify renewable energy sources.

Global Energy Efficiency Investments Jump 16% YoY in 2022: IEA

It reached $560b this year.

Which ASEAN Countries Are the Most Energy-Intensive

A total of seven countries in the Association of Southeast Asian Nations (ASEAN) region are less intensive than the world average, but three are above, led by B…

Natural Gas

European Gas Consumption Is 24% Below the Five-Year Average

Europe’s natural gas demand in November fell by nearly a quarter compared to the five-year average for the month.

Oil Price

Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap

The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…

Hydrogen Production

BP Is Betting Big on Green Hydrogen

UK supermajor BP sees low-carbon hydrogen as one of its key growth areas and is betting on green hydrogen to advance the energy transition and the decarbonizati…

Smart Meter

E.ON Increases German Grid Security With 450MHz Radio Network

E.ON has announced using the 450MHz radio network to connect and control local grid stations and smart meters in homes when conventional communication systems a…

Geothermal Power Plant

Mitsubishi Power Will Build New Geothermal for Indonesia

Mitsubishi Power is expanding its geothermal infrastructure in Indonesia.

Crude Oil

Price Cap on Russian Oil Comes Into Effect

The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues…