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Energy market
Solar Power Plant
Iberdrola Commits to up to €3BN in Investment in Australia
The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.
Offshore Wind Power
Major Milestone for Japanese Offshore Wind Energy
Seajacks International recently completed the installation of all 33 wind turbines at the Akita and Noshiro offshore wind farm situated off Japan’s Akita Prefe…
OPEC
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets…
Natural Gas
Uniper Weighs Nationalisation Amid Energy Market Turmoil
German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequences of the war in Ukraine.
Uniper Teeters Towards Nationalisation amid Energy Market Turmoil
Following in Wien Energie’s footsteps, German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequenc…
Net Zero Emission
Apeiron Bioenergy Closes Equity Investment From Mitsui Chemicals, Poised to Capture Exponential Growth in Bioenergy Market With Pan-Asian Presence
Mitsui Chemicals has invested to support Apeiron's Pan-Asia expansion
United Kingdom
UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …
Natural Gas
German Energy Market Would Collapse Without Gas Levy - Habeck
Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister …
Natural Gas
US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply
Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …
United Kingdom
Anglo-German Interconnector Project Reaches Financial Close
The NeuConnect interconnector project linking the UK and German energy markets has reached financial close.
Germany
EIB Backs Germany-UK Interconnector With €400M
Work to build the interconnector will start this year, connecting two of Europe’s largest energy markets for the first time
India
Firetrace Expands Into Chinese and Indian Markets
Firetrace International, a provider of fire suppression technology, has opened facilities in India and China, bringing its fire safety support to these rapidly …
LNG
Wood Mackenzie and Ball Corporation Introduce New Tool That Tracks Global LNG Liquefaction Train Statuses in Near Real-Time
Wood Mackenzie, Inc. a Verisk business, and Ball Corporation today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from …
Energy Transition
Australia Swiftly Needs $9 Bln in Grid Investment for Energy Transition
Australia urgently needs about A$13 billion ($9 billion) in transmission investments to jumpstart the transition to renewable energy, the country's energy marke…
South Africa
South Africa: Opportunities to Expand the Renewable Energy Market Do Exist
While the revival of the REIPPP programme in 2021 holds great promise to expand South Africa’s large-scale renewable energy market, grid constraints in the cou…
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