Fund

Smart Grid

Project CARMEN: Joint Romania-Hungary Smart Grid

The Carpathian Modernised Energy Network (CARMEN) smart grid project is up for funding from the Connecting Europe Facility programme.

Wind Power Project

Uzbekistan’s 500MW Wind Project Secures Funding

It is expected to start operations by end-2024.

Nuclear Power Plant

UK Next-Gen Nuclear Tech Boosted With £3.3M

Nuclear technology projects, including innovative High Temperature Gas Reactors, will get a share of the government funding.

Energy Transition

Transport Group CMA CGM Launches $1.5 Bln Energy Fund

French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…

Oil Price

Will Germany Introduce a Windfall Tax on Energy Firms?

As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…

Electric Car

Toyota Builds 1MW Hydrogen System for US Department of Energy

The $6.5m project is being funded by the DOE and could be operational within three years

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 …

Energy Transition

Coal Companies’ Cash Balance Could Fund Indonesia’s Green Transition

The combined cash balance amounted to $6.8b in the first quarter.

United States

DOE Cybersecurity Project Funding to Bolster Grid Resilience

The US Department of Energy (DOE) has announced $45 million in funding for projects that will create and test technology to protect the electric grid from cyber…

Nuclear Power Plant

Boris Johnson ‘Approves Funding for Sizewell C Nuclear Plant’

The financial package will support the construction of two new reactors at Sizewell C, which will generate 3.2GW of electricity

Oil Price

Oil Has Become Too Volatile for Traders

Hedge funds are pulling out of oil as price volatility becomes excessive.

Tidal Energy

EMEC Scores Funding for Hydrogen Trailers at Tidal Power Project Site

Net Zero & Energy Secretary Michael Matheson at EMEC site on Eday with hydrogen transport trailer (credit EMEC)The European Marine Energy Centre (EMEC) has been…

United States

US DOE Announces $44M Funding for EGS Innovation Projects

Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.

United Kingdom

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’

The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap

Energy Investment

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says

Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…