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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
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
Coal Price
Back to Black? Germany’s Coal Power Plan Hits Hurdles
High coal prices, supply bottlenecks and aged plants are posing a challenge to Germany's plan to increase electricity production from hard coal-fired power plan…
United Kingdom
Howden Welcomes UK Government Hydrogen Funding Increase
Howden Group has welcomed the UK Government announcing an increase in funding for hydrogen at the Hydrogen Investment Summit in July 2022.
Nuclear Power Plant
Main Construction Phase for El-Dabaa Nuclear Power Plant Project Begins in Egypt
Alexey Likhachev, Rosatom Director General, and Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy gave a green light to the pouring of the "…
Energy Giants Pen $4BN Algeria Oil and Gas Contract
The contract that will last more than two decades will see companies increase oil and gas production in Eastern Algeria fields.
Net Zero Emission
GlobalData: India Likely to Fall Short of 2030 Renewable Target at Current Pace
India announced new renewable energy goals last year to increase non-fossil power capacity to 500 GW and meet 50% of the country’s electricity needs through re…
Natural Gas
The World Is Ready for a Renewable Gas Revolution
The future for renewable gas is looking increasingly promising, with companies around the world already teasing the idea of providing consumers with carbon-neut…
Electric Vehicle Battery
Solid State Batteries Can Reduce EV Carbon Footprint by 39% – Study
New research has found that solid state batteries can reduce the carbon footprint of electric vehicle (EV) batteries by almost two-fifths – further increasin…
Saudi Arabia
Saudi Arabia: No Additional Capacity to Increase Oil Production Beyond 13 Million Bpd
The kingdom said it is targeting production capacity of 13 million bpd by 2027
Singapore
Singapore Container Port Uses 2MWH Battery System to Increase Energy Efficiency
A large-scale battery system has been installed in Singapore as part of a project to increase energy efficiency at and reduce emissions from the country’s seap…
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