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Nuclear Reactor

EU Needs $460 Billion Investment to Maintain Nuclear Power Capacity

The European Union will need up to $462 billion (450 billion euros) in investment just to keep the current level of its nuclear power generation capacity.

Hydrogen Production

Philippines’ President Greenlights Offshore Wind, Green Hydrogen Plan

The Philippines’ President has given the country’s Department of Energy the green light to move forward with its plan to explore and develop the offshore wind…

Nuclear Reactor

Finland Introduces Scheme to Prevent Power Blackouts

Finland's national power grid operator said on Friday it will introduce voluntary procedures for companies and the public sector to help prevent electricity sho…

Carbon Emissions

Global CO2 Emissions in 2022 ‘Remain at Record Levels’

Projected emissions from coal and oil are above their 2021 levels, according to a new report.

Energy Transition

IRENA’s Energy Transition Platform Bags $1b Investments

The platform aims to ramp up funding for renewable projects in developing countries.

Hydrogen Project

Israeli and Moroccan Companies Forge Hydrogen Partnership at COP27

Israeli company H2Pro and Moroccan renewable energy developer Gaia Energy have signed a strategic agreement for the co-development of a gigawatt-scale green hyd…

Oil & Gas Supply

The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”

Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…

Crude Oil

Saudi Arabia to Deliver Full Oil Volumes to Asia Despite Production Cut

Saudi Arabia’s state oil company has assured several buyers in Asia it will deliver full contracted volumes in December despite the OPEC+ decision to cut produ…

United States

U.S. Climate Envoy Kerry Launches Carbon Offset Plan

U.S. climate envoy John Kerry on Wednesday announced the creation of a carbon offset plan meant to help developing countries speed their transition away from fo…

Energy Transition

Show Us the Money: Developing World at COP27 Seeks Financing Details

Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …

Hydrogen Production

New Approaches to Create Hydrogen Energy From Biomass Feedstocks

An engineering group believes in the integrated promise of two paths to carbon-neutral power: biomass and hydrogen.

Wind Power Project

UAE’s Masdar Signs on 10GW Wind Project in Egypt

Renewable energy company Masdar, renewable energy developer Infinity Power and Hassan Allam Utilities have signed a Memorandum of Understanding (MoU) to develop…

Nuclear Reactor

COP27’s First-Ever Nuclear Pavilion – a Sign of Revival for the Sector

“Nuclear power is making a comeback—and in a strong fashion.” So said IEA executive director Fatih Birol on the renewed interest in nuclear power across the …

HVDC

Equinor and Hitachi Energy to Develop High-Tech HVDC/AC Grid Connectors

The energy giants have announced a collaboration to develop standardised base designs for High-Voltage Direct Current (DC) and Alternating Current (AC) transmis…

OPEC

Iraq Respects OPEC+ Deal, Wants to Raise Revenue per Barrel of Oil

Iraq's oil ministry respects the OPEC+ agreement to achieve global market stability.