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United Kingdom
UK Approves 25% Windfall Tax on Oil and Gas Producers
British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…
On-Site Energy Generation Could Wield Significant Savings for Companies
Research from Cornwall Insight, included in their report - ‘A corporates guide to decarbonising power’ - has demonstrated how on-site energy generation could …
Singapore
Singapore Is 3RD Most Attractive Market for Energy Sector FDI
It posted an index of 72.74%, ranking behind Luxembourg and Hong Kong.
Energy Storage Battery
Iberdrola Switches on Commercial-Scale Battery System in Ireland
Iberdrola has started up Gorman, its first commercial-scale battery system in Ireland.
Hydrogen Storage
Green Hydrogen to Pilot as Long Duration Energy Storage in US
Southern California Gas Company (SoCalGas) aims to identify potential commercial use cases for green hydrogen energy storage.
Energy Storage Battery
Equinor Acquires US Energy Storage Developer
Equinor has signed an agreement to buy a 100% stake in the US based battery storage developer East Point Energy LLC.
Calder to Manufacture Ceraphi Energy Geothermal Technology
CeraPhi Energy is making advances with its proprietary closed loop geothermal technology – designed to generate clean thermal energy from deep below the earth …
Offshore Wind Power
UK’s Offshore Wind Target ‘Requires £54Bn Investment’
Britain’s electricity system operator, the ESO has published its flagship report Pathway to 2030 including the Holistic Network Design about what is needed to …
Shell Forecasts Trebling of Refining Profits
Energy major Shell announces indicative refining margin for Q2 of $28.04/bbl which is a sharp increase on $10.23/bbl in Q1.
United Kingdom
WindEurope: UK Announces Results of National Renewables Auction
The UK Department for Business, Energy, and Industrial Strategy has announced the results of the UK’s fourth contract for difference (CfD) auction round (AR4) …
Hydropower Plant
UAE Looks to Add Pumped Hydro to Power Mix: Report
This is in pursuit of its 30% clean energy target by 2030.
Energy Storage Project
Australia Shortlists 12 Grid-Scale Battery Storage Projects for $100M Funding
The projects, which include both new builds and retrofits for existing batteries, have an aggregate capacity of 3.05GW and will be equipped with advanced invert…
Norway
Norway’s Hydropower Reserves Hit Hard by Drought
While Europe scrambles to procure natural gas for winter power generation and heating, Western Europe’s biggest oil and gas producer, Norway, has a whole diffe…
Advantages and Disadvantages of Solar Energy
The 2015 Paris Climate Agreement is an international legally binding treaty aimed at limiting global warming to below 2 °C, preferably 1.5 °C, compared to pre…
Eavor to Partner With Turboden on Closed-Loop Geothermal System
Canadian Geothermal developer Eavor has selected Turboden’s Organic Rankine Cycle (ORC) system for the development of their project in Geretsried, South of Ger…
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