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Italy
Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows
Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…
Smart Grid
Blockchain Demonstrated for Smart Grid Cybersecurity
Blockchain has been demonstrated to validate communication among devices on the smart grid and thereby enhance its resiliency.
Wave Energy
A Wave-Powered Prototype Device Is Aiming to Produce Drinking Water From the Ocean
Ocean Oasis says its technology will enable “the production of fresh water from ocean waters by harnessing the energy of the waves to carry out a desalination …
Offshore Wind Power
Enbridge Announces Completion of France’s First Offshore Wind Farm
France’s first commercial-scale offshore wind farm, which was developed by Canadian energy giant Enbridge Inc. in partnership with EDF Renewables and the Canad…
Net Zero Emission
Access to Affordable Low-Carbon Electrons Crucial for Net Zero – Elia Group
According to a new study from Elia Group, by 2030, industrial electricity consumption is expected to grow by 40% and 50% in Germany and Belgium respectively. As…
Energy Storage System
Harmony Energy Income Trust Brings Europe’s Largest Battery Energy Storage System Online
Europe’s biggest battery energy storage system (BESS) (by MWh) located in East Yorkshire, the UK, has been successfully energised.
Hydrogen Project
Air Liquide and Totalenergies to Produce Low-Carbon Hydrogen in France
Industrial gases company Air Liquide and TotalEnergies plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France…
Oil Price
Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors
Saudi Arabian officials are denying the news that OPEC is considering a 500,000 bpd output hike.
LNG
Floating LNG Projects Boom as Europe Races to Stock up on Gas
Floating LNG projects are booming in both gas-importing countries and gas-producing countries.
Solar Technology
British Solar Tech Business Strikes Italian Distribution Deal
British solar thermal design and engineering company Naked Energy today announces their partnership with Italian energy service company X3Energy.
Carbon Emissions
Transitioning to Low-Carbon Energy Sources Could Increase Global Emissions
According to a recent ICTA-UAB study, switching to a low-carbon energy system could result in significant global emissions
Canada
Canadian Solar Announces Operation of 100 Mwp Solar Project in Japan
Canadian Solar Inc. has announced that its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar project located in the Fukushima Prefecture, recently rea…
Jordan
Masdar and Jordan’s Ministry of Energy Explore 2GW of Renewables Projects
Renewable energy company Masdar has signed a Memorandum of Understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to collaborate on the dev…
Crude Oil
Europe Rushes to Fill Up on Russian Diesel Before Ban Begins
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.
United States
U.S. Vice President Harris Announces $20 Million New Clean Energy Funding for Mekong Region
U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailan…
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