Ces

Oil Price

Oil Rallies on Supply Fears and Tight Market

A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices

United Kingdom

UK Fires up “Biggest” Electricity Market Reform in a Generation

Linking electricity and gas prices could be soon part of the past as a result of the government’s Review of Electricity Market Arrangements

Energy Storage Battery

Dutch Battery Projects Combat Grid Bottleneck

Grid operator Liander and GIGA Storage, developers of large-scale battery systems, have started pilots in the Dutch cities Amsterdam, Alkmaar and Lelystad with …

Crude Oil

Iran Raises Aug Crude Oil Prices to Asia

Iran has set the official selling price (OSP) of its Iranian Light grade for its Asian buyers at $8.90 above the Oman/Dubai average for August, up $2.80 from th…

Emissions Trading System

Europe’s Climate and Energy Strategy Has Become Disturbingly Bipolar

Brussels is pursuing overambitious and costly decarbonisation policies while national capitals are desperate to guarantee the necessary energy supply and strugg…

Oil&Gas Drilling

China’s First Self-Developed Shallow-Water Subsea Xmas Tree System Successfully Put Into Use

China's first self-developed shallow-water subsea Xmas tree system was successfully put into operation in the Jinzhou waters of the Bohai Sea, China National Of…

Smart Thermostats – The Unintended Consequences

Are smart thermostats, like electric vehicles, a potential threat to the grid? Yes, say Cornell researchers.

United Kingdom

Britain Becomes Net Power Exporter as EU Gas Prices Continue to Soar

Britain became a net exporter of electricity for the first time in the second quarter of this year, while gas prices across Europe continue to rise due to confl…

OPEC

OPEC+ to Assess Oil Market, Take Necessary Steps: Saudi FM

Saudi Arabian Foreign Minister Prince Faisal bin Farhan Al-Saud said that oil was not discussed at a U.S.-Arab summit held on Saturday, and that OPEC+ would con…

European Renewable PPA Prices Soar by 47% Year-On-Year

PPA prices have taken a steep 16% hike in their fifth consecutive quarter of growth, according to a report

Oil Price

India Mulls Easing Its Windfall Tax as Oil Prices Fall

With oil prices falling on recession fears, India is taking another look at its windfall tax on oil companies, anonymous Bloomberg sources close to the matter s…

Renewable Power Remains Most Affordable Amid Energy Crisis

Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.

Energy Saving

‘Smart Window’ Demonstrates Energy Saving Potential

The Dutch innovation organisation TNO has reported its solar smart window is performing successfully in real world conditions.

ReNew Refinances Dollar-Denominated Bonds

It issued $525m bonds in 2019 that will mature in 2024.

Electric Vehicle Charging

Charge Amps Launches Solar-Powered EV Charging

The Charge Amps Amp Guard intelligent smart feature, under its Cloud platform, can be accessed by single and multi-family homes as well as offices.