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Smart Grid

EIB and Endesa Sign €250mn Smart Grid Credit Line

Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.

Net Zero Emission

World Must Double Renewable Power Targets to Achieve Net Zero, Irena Says

Despite some progress, the transition is 'far from being on track', says Irena director general Francesco La Camera.

Smart Meter

Flexibility Service Pays UK Smart Meter Homes to Reduce Energy Use

National Grid ESO is running a demand flexibility service this Winter where UK energy consumers with smart meters will be paid to reduce their consumption.

Carbon Emissions

DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business

Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…

United Kingdom

Rishi Sunak Secures £3.58bn Climate Finance Deal With Kenya

UK PM has agreed to fast-track six renewable energy projects being built in the African nation.

COP27 to Formally Discuss Climate Compensation for Poorer Nations

COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations clim…

Net Zero Emission

Cincinnati Zoo Makes Net Zero Gains With 28MW Solar Project

Cincinnati Zoo & Botanical Garden, based in Ohio, US has announced that a 28MW solar project is being developed on part of their farmland.

Hydrogen Project

KBR Secures Work on Australia’s First Industrial-Scale Green Hydrogen Project

US engineering company KBR and Belgium engineering firm Tractebel, part of ENGIE, have been appointed as the Owners Engineer for the Yuri project, a new renewab…

Crude Oil

UAE Believes the Oil Industry Is in “Decline Mode”

Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.

Natural Gas

Why Overly Confident U.S. Drillers Ditched Their Hedges

Some Big Oil companies are so confident that high oil prices are here to stay that they have completely ditched their hedges.

Rising Interest Rates Weigh on Renewable Growth

European renewable stocks have fallen 20% since August.

Biden Unveils $13.5 Billion Package to Ease Home Energy Costs

U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.

Net Zero Emission

Report Lays out How Countries Could Reorient Their Problematic Climate Plans

A new study is the first to calculate that countries collectively need a total of 1.2 billion hectares of land to fulfill the promises laid out in their officia…

Electric Vehicle Charging

Bp Pulse Unveils Plans for Gigahub EV Fast-Charging Network

Los Angeles International Airport is the first planned location for the hub, with the network serving ride-hailing and taxi fleets.

United Kingdom

Rishi Sunak Could Still Be at COP27

Downing Street has said his position of not being at the climate summit is “under review”