Erg

Natural Gas

Europe Rushes to Reduce Russian Energy Dependence

One consequence of the war in Ukraine is that Europe is now scrambling to reduce its dependence on Russian energy. The price of gas was already high before the …

Electric Car

First Hon Hai-Developed Electric Bus Delivered to Kaohsiung City

Kaohsiung, March 3 (CNA) An electric bus developed by a subsidiary of Taiwan-based Hon Hai Technology Group was delivered to Kaohsiung City government Thursday …

Rooftop PV System

Clean Energy Supply Chains Need ‘Significant’ Improvement, DOE Report Finds

A year after President Joe Biden signed an executive order calling for a review of American supply chains, the Department of Energy released what it called its …

Electric Car

Ford Announces New Plans to Strengthen Operation and Scale EVs

Ford is continuing to transform its global business by accelerating the development and scaling of breakthrough electric connected vehicles.

Nuclear Power Plant

Philippines Relaunches Nuclear Energy Programme

President Rodrigo Duterte has signed an executive order that outlines the government's position for the inclusion of nuclear energy in the Philippines' energy m…

Crude Oil

Clean Energy Broke Records in 2021 but Still Can’t Catch up with Oil and Gas

The US is way off track from meeting clean energy goals.

Crude Oil

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…

Crude Oil

Russia’s Oil Exports Are Plunging Even Without Sanctions

While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …

United Kingdom

Jump in Energy Prices Leaves Price Cap Predictions at Over £2,900 a Year

Wednesday’s significant rise in the price of wholesale gas has once again sent predictions for the Winter Default Tariff Cap rocketing upwards, with Cornwall I…

United Kingdom

Energy Costs Extremely Volatile After Russia Invades Ukraine

Cornwall Insight’s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from 23 Feb t…

Crude Oil

U.S. Crude Oil Production Unchanged Last Week: EIA

U.S. crude oil production averaged 11.6 million barrels per day (b/d) during the week ending Feb. 25, unchanged from the previous week, U.S. Energy Information …

EV Market

EV Sales Jump Again as Petrol Prices and Supply Chains Take Toll on Fossil Car Market

Electric vehicle sales more than doubled in February, compared to last year, in yet another encouraging result for the market in the light of a supply crunch, d…

Electric Car

Hyundai to Introduce Another 17 Fully Electric Vehicle Models by 2030

South Korean automaker Hyundai has this week accelerated its electrification strategy with aims to introduce 17 new battery electric vehicle (BEV) models by 203…

Offshore Wind Power

Renewable Power Capital Enters Swedish Market with 100% Acquisition of Onshore Wind Farm From OX2

Renewable Power Capital has committed to acquire the Klevberget onshore wind farm, with a capacity of 146 MW, in their first Swedish deal.

Wind Farm

CPP Investments Supports Renewable Power Capital’s New Investments in European Onshore Renewables

Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2