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EU
Europe Needs 14GW/Year of Energy Storage – Ease
The European Association for Storage of Energy (EASE) assesses Europe’s storage needs around 200GW by 2030 and 600GW by 2050.
Carbon Emissions
Australia Increases Emission Reduction Target to 43 per Cent by 2030
The Federal Government has submitted a new 2030 Nationally Determined Contribution (NDC) under the Paris Agreement to increase the national emission reduction t…
Wind Power Project
Ørsted’s First Scottish Wind Project Generates First Power
Ørsted’s first Scottish wind project, Kennoxhead, generates first power.
United States
U.S. Sustainable Funds Mark Rare Outflow in May
Investors in May pulled $3.5 billion from U.S. mutual funds using environmental, social and governance (ESG) factors, researcher Morningstar Inc said on Thursda…
Oil Price
Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall
Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou…
Coal-Fired Power Plants
Australian Power Crisis Eases as Coal-Fired Plants Crank Up
Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but…
Wind Farm
Vattenfall Offshore Wind Farm Will Use Recyclable Wind Turbine Blades
The Hollandse Kust Zuid offshore wind farm in the Netherlands will use a new type of wind turbine blades that can be recycled. The blades are made with a new ty…
Crude Oil
U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …
Energy Storage Battery
Skyscrapers—a Gravity Energy Storage Boon
Elevators and electric trucks provide opportunity for widespread, mechanical, grid-scale batteries.
Nuclear Power Plant
Finnish Nuclear Plant Under Construction Since 2005 Faces Yet Another Delay
Commercial operation of Olkiluoto 3, a nuclear power plant (NPP) unit that has been under construction in Finland for nearly 17 years, will be delayed for anoth…
Energy Transition
Energy Transition Goals at Risk as EU May Label Lithium as Toxic
European Commission could move to put lithium on a list of toxic substances.
Solar Power Panel
China Tests World-First Full-Function Space Solar Verification Tower
Put a solar panel in space, according to some estimates, and it'll generate 6-8 times more energy than it can down here on Earth.
Offshore Wind Power
UK’s £130M Subsea Cable Manufacturing Facility Reaches Final Grant Agreement
The project is forecast to create 170 new jobs
Nuclear Power Plant
Nuclear Is Needed for Net Zero, Says Finnish Minister
He has stated that without nuclear, Europe cannot be carbon-neutral.
United Kingdom
UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’
The UK spent £5.1 billion on Russian energy imports in the year to April 2022.
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