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Net Zero Emission

UK Government Launches AI Innovation Programme to Lower Carbon Emissions

The UK’s Department for Business, Energy & Industrial Strategy announced an AI innovation programme to achieve net-zero targets.

Solar Power Plant

Eni Launches Solar Lab and PV Plant to Decarbonise Oil Operations in Algeria

Italian oil major Eni and Algerian state-owned oil company Sonatrach have inaugurated a Solar Lab and laid the first stone of a new 10MW PV plant in the Bir Reb…

ABB Launches Energy Management System for Green Hydrogen

ABB has introduced its energy management system ABB AbilityTM OPTIMAX® to the green hydrogen market, to help reduce costs of production by enabling real-time v…

Natural Gas

EU Executive Proposes Gas Price Cap at 275 Euros/MWh

The European Union executive on Tuesday proposed a gas price cap for the bloc at 275 euros ($282) per megawatt hour for month-ahead derivatives on the Dutch exc…

Solar Power Plant

BELECTRIC Secures Major Contract in the Netherlands

BELECTRIC has secured another major contract in the Netherlands. By constructing four solar power plants for its new customer Low Carbon, solar energy specialis…

Oil Refinery

BP Says Rotterdam Refinery Remains Shut In Dispute Over Pay

BP said on Tuesday the planned restart of its large refinery in Rotterdam was on hold after unions said they would not help with the return to service due to a …

Germany

German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt

Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…

Electric Car

Mazda Unveils $11 Bln EV Spending Plan, Considers Investing in Battery Production

Japan's Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery produ…

Energy Investment

Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …

Energy Storage Technology

The Need for Long Duration Energy Storage (LDES) Technologies

LDES technologies are promising but must be improved to aid the deep decarbonisation of electric power systems.

Distributed energy

UAE Issues Law to Regulate Linkage of Renewable Energy Production Units to the Grid

The legislation seeks to contribute to the country’s efforts towards achieving net zero emissions by 2050

Hydrogen Production

Linde Starts Green Hydrogen Production in Greece

Linde, the world's largest industrial gases company, said on Tuesday it has started producing green hydrogen at its facilities in Greece.

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…

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.

Carbon Emissions

Reaching Climate Targets Relies on Swift Reduction of Global Coal Emissions: IEA

There are around 9,000 coal-fired power plants globally with a total capacity of 2,185MW.