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Nuclear Technology
Canada Commits C$970 Million to New Nuclear Power Technology
Canada will provide C$970 million ($708 million) in financing to develop a grid-scale small modular reactor (SMR), a new nuclear technology touted as a key part…
Net Zero Emission
EU Seeking Deals on Three Climate Laws in Time for U.N. Summit
The European Union is aiming to clinch deals on three new laws to fight climate change in time for the annual United Nations climate negotiations next month. …
Electric Vehicle Battery
Biden’s EV Minerals Cash Fruitless Without Permitting Reform
Washington's growing financial support for companies that produce metals used in electric vehicles will likely prove fruitless unless the federal government str…
Egypt
Egypt COP27 Climate Summit Activists Concerned Voices Will Be Curtailed
The decision to hold next month's COP27 climate summit in a highly secured tourist resort in Egypt, along with restrictions on access, is curbing civil society'…
Oil Price
Goldman: U.S. SPR Crude Releases to Have Modest Price Influence
The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …
Carbon Emissions
Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans
Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…
Hydrogen Project
Germany Is the Site of the World’s Largest Green Hydrogen Project
Fortescue Future Industries and Tree Energy Solutions have agreed to develop the world’s largest green hydrogen integrated project "to help Europe mitigate its…
OPEC
U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut
A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…
Hydrogen Project
Consortium Looks to Hydrogen to Decarbonise North West England
A consortium comprising renewables developer Progressive Energy, power producer Statkraft and asset manager Foresight has committed to developing green hydrogen…
Carbon Emissions
Forecasts of Future Arctic Carbon Emissions
Permafrost in the rapidly melting Arctic will probably release as much carbon dioxide and methane into the atmosphere as a large industrial nation by the end of…
Natural Gas
EU Leaders Will Discuss Gas Price Cap for Power Generation, Michel Says
European Union leaders will discuss putting a cap for the price of gas used to generate electricity - over which member states are divided - when they meet for …
Ireland
Ireland to Extend Business Energy Supports to Newly Opened Businesses
Irish businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established…
Energy Transition
BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas
BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…
Solar Power Plant
Iberdrola Commits to up to €3BN in Investment in Australia
The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.
Nuclear Power Plant
The Global Energy Crisis Is Contributing to a Nuclear Renaissance
Japan is considering extending a limit on the operation lifespan of nuclear plants.
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