Ces

Clean Energy Transition

Australian Energy Crisis Gives Rise to New Gas Supply Need

Energy prices rose 400% up to AU$40 per gigajoule.

Octopus Energy and National Grid Demonstrate First V2G in Great Britain

Octopus Energy Group and National Grid ESO have announced the first successful integration of vehicle-to-grid (V2G) technology, using a test environment of the …

Oil Price

Energy Bonanza Drives Shareholder Payouts to New Record

Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …

Crude Oil

Oil Jumps Nearly 4% On Possible OPEC+ Supply Tightening

Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support prices in the case of returning Iranian crude and …

Solar Power Plant

STEAG Joins Forces With German PV Monitoring Start-up

Power generation solutions provider STEAG has become a shareholder in Berlin-based start-up Solytic GmbH in order to strengthen its competencies in digitalisati…

Oil Price

Oil Prices Rise After Saudi Says OPEC Could Cut Output

Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.

LNG

U.S. Industrial Gas Producer Air Products Exits Russian Business

U.S. company Air Products and Chemicals, Inc. (APCI), the world's leading provider of technology for processing liquefied natural gas (LNG) and associated equip…

Oil Price

Oil Has Become Too Volatile for Traders

Hedge funds are pulling out of oil as price volatility becomes excessive.

Natural Gas

Gas Prices Are Down, but Biden’s Problem at the Pump Isn’t Going Away

As the White House publicly promotes falling gas prices, behind the scenes, officials worry prices could rise again as they keep looking for ways to get more oi…

Solar Power Plant

Nearly 50% Of Africa Has No Access to Power, Could Renewables Help?

The IRENA estimates that renewable energy sources could help Africa meet around a quarter of its energy needs by 2030.

Wind Power Project

New Report Finds Value of Wind Energy Far Exceeds Costs

Wind energy continues to see strong growth, solid performance, and attractive prices in the U.S., according to a report released by the U.S. Department of Energ…

Hydropower Plant

Norway Boosts Hydropower, Challenging Effort to Fill Reservoirs

Hydropower production in southern Norway rose last week in response to high prices, potentially challenging Norway's efforts to fill reservoirs ahead of winter …

Oil Price

Oil Prices Ease as Russia Output Increases

Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on…

United States

US DOE Announces $44M Funding for EGS Innovation Projects

Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.

Germany

Europe’s Power Prices Surge to New Record

Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on…