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Germany
Oil & Gas Supply
Germany Faces 5 Billion Euros a Year Hit From Russian Gas Sanctions, Welt Am Sonntag Reports
Russia's sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay…
Germany
Lhyfe to Build Green Hydrogen Plant in Germany
The city of Schwäbisch Gmünd, Germany has authorized Lhyfe to start construction of its renewable green hydrogen plant at a nearby site covering 10,000 square…
Distributed Grid
Hitachi Energy’s Thyrow Converter to Guide Power Supply to Greater Berlin Rail Network
Hitachi Energy has announced that it will provide a 120MW converter station to enable Deutsche Bahn Energie to secure power supply for the Greater Berlin rail n…
Oil & Gas Supply
Gazprom Cuts Gas Supply to Orsted and Shell Energy
Russian gas producer Gazprom has cut off gas supplies to Denmark's Orsted and to Shell Energy for its contract to supply gas to Germany, it said on Wednesday, c…
Net Zero Emission
Egypt Set for World’s Sixth Largest High-Speed Rail System With Backing From Germany’s Siemens
Siemens Mobility has signed a contract to develop a new high-speed rail line in Egypt, linking 60 cities across the country.
Germany
G7 Can Spearhead Climate Fight by Agreeing to Phase Out Coal, Germany Says
The Group of Seven countries can spearhead the fight against climate change and accelerate a pivot away from fossil fuels by agreeing to phase out coal power ge…
Energy Transition
Qatar and Germany Sign Agreement on Energy Partnership
Qatar’s Minister of State for Energy Affairs and the German Minister for Economic Affairs and Climate Action have signed a joint declaration of intent to furth…
Natural Gas
Could Hydrogen Ease Germany’s Reliance on Russian Gas?
The war in Ukraine has upended Germany's energy policy. The nation currently buys around 25% of its oil and 40% of its gas from Russia, contributing billions of…
Norway
Norway Oil Firm Okea to Initiate Dividend, Buy North Sea Assets
Norwegian independent petroleum firm Okea announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producin…
Natural Gas
BMW Exploring Energy Investments to Reduce Dependence on Natural Gas
BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas warning an embargo on Russian gas would bring t…
Germany
RWE Issues New Us$2.1 Billion Bond to Chase Solar, Wind Projects
German utility giant RWE has issued a green bond with a volume of €2 billion (US$2.1 billion), the proceeds of which will be used to pursue development of sola…
Electric Vehicle Charging
ABB and Shell to Launch First Nationwide Network of World’s Fastest EV Charger in Germany
Today, ABB E-mobility and Shell announce plans to launch the first nationwide network of Terra 360’s, the world’s fastest all-in-one electric car ch…
Offshore Wind Power
Four EU Countries to Increase Offshore Wind Power Capacity Tenfold
Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts of offshore wind in the North Sea by 205…
Energy Storage Battery
‘Germany Does Not Think it Needs Flow Batteries’
Buyers of energy storage solutions (ESS) in Germany do not yet see a need for flow batteries for medium duration storage, an ESS provider tells Energy-Storage…
Energy Security
Russia Slaps Sanctions on Western Energy Firms
Moscow has imposed sanctions on more than 30 EU, US and Singaporean energy companies in a retaliatory move following western penalties imposed on Russian.
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