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Shell Reports Record Profit of $11.5 Billion

Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices.

Electric Car

U.S. Senate Democratic Deal Would Expand EV Tax Credits

A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and other new tax credits and grants for automakers to retool factories to …

Hydrogen Production

Can Salt Water Help Produce Green Hydrogen?

As renewable electricity costs continue to fall, green hydrogen (H2) production via water electrolysis is gaining pace as a means to decarbonize worldwide energ…

Oman

Oman Desalination Plant Powers up With Solar

Energy management solutions provider Veolia and TotalEnergies are to build a solar photovoltaic plant at a desalination facility in Sur, Oman.

Energy Transition

Green Hydrogen for Steel Production

With the worldwide demand for steel expected to increase by around 6% by 2030, greening the steel industry is crucial for the energy transition.

Energy Storage Battery

Sand Batteries: The Next Green Energy Revolution?

Polar Night Energy in Finland has developed the world’s first commercial sand-based heat storage battery system, potentially providing a solution to sustainabl…

LNG

US Takes Over as World’s Largest LNG Exporter

LNG exports increased by 12% in the first half of 2022, averaging 11.2 billion cubic feet per day, compared with the second half of 2021

Natural Gas

EU Greenlights €5BN German Scheme to Support Energy and Trade Intensive Firms

Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices

India

New Measure to Improve Power Supply Reliability in India

This includes the Reforms-based and Results-linked Revamped Distribution Sector Scheme.

Wind Farm

Enefit Green Will Establish Estonia’s Largest Wind Energy Site

Enefit Green signed an agreement to acquire the Tootsi wind farm project from Eesti Energia and plans to build the wind farms in Tootsi and Sopi, Estonia, at th…

Enel X Supports Ferrari’s Sustainability Drive With Solar System

Ferrari and Enel X have announced a partnership for a unique off-grid energy production system, built specifically to charge Ferrari hybrid and fully electric m…

Net Zero Emission

Canada Advances Rules to Reach a Net-Zero-Emission Grid by 2035

The Canadian government published its proposed Frame for the Clean Electricity Regulations (CER), a follow-up to a discussion paper published in March.

Nuclear Fuel

Westinghouse, EDF to Explore Nuclear Accident Tolerant Fuel Technology

Westinghouse Electric Company and EDF are partnering to explore the capabilities of Westinghouse’s EnCore enhanced Accident Tolerant Fuel (ATF) technology.

Hydrogen Production

More Than 40 Global Partners Form Nuclear Hydrogen Initiative

More than 40 organizations representing industry, government, nonprofit and academia formed a new coalition to advance nuclear hydrogen.

bp Opens First Electric Truck Fast-Charging Facilities

Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz has two 300kw chargers intended for electric trucks