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Energy Storage Battery
Blackrock Makes $700 Million Investment in Australian Battery Storage
Effective, large-scale storage systems are set to become increasingly important as renewable energy capacity expands.
Natural Gas
Heatwave Sends European Gas Prices Higher
Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.
Oil & Gas Supply
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…
Electric Car
Berkeley Lab Offers a Brief on EV Retail Rate Design Basics
Electric vehicle (EV) adoption has increased significantly over the past several years, with 640,000 EVs sold in the US in 2021, more than double the number sol…
Iran
Iran Nuclear Talks End With ‘Final Text’, No Agreement
Talks to revive the 2015 nuclear deal with Iran ended in Vienna on Monday, with a final draft that, if agreed upon by all parties, will see a restoration of th…
EU
EU Approves €110M Austrian Scheme to Support Agri-Producers Hit by Rising Energy Costs
The measure will be open to companies active in the primary agricultural production sector that have been affected by the increase in energy prices, fertilisers…
Energy Storage Battery
Geothermal Energy Player Ormat’s Battery Storage Strategy Paying Off
US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% during the second quarter of this year, as revenues inc…
Crude Oil
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
Oil Refinery
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…
United Kingdom
UK Generation Mix Moves Increasingly Toward Renewables
Power generation from low carbon sources secured more than 60% share of the UK’s total energy mix
Centrica’s Profits Soar Five-Fold
Profits of Britain’s largest energy supplier increased to £1.34 billion
Spain
PNE Acquires 51% Stake in Spanish Solar Project Developer Kolya
The acquisition has increased PNE’s solar photovoltaic project pipeline by more than 40%.
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.
Hydrogen Fuel Cell
Will Hydrogen Cars Replace Electric Cars?
The demand for clean power sources in vehicle-related technology is increasing daily due to harmful effects caused by toxic emissions from internal combustion e…
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
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