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Wind Farm
Spain's Acciona to Build $1.3 Bln Wind Farm in Australia in Expansion Drive
Spain's Acciona SA announced plans on Monday to build a wind farm worth A$2 billion ($1.34 billion) in Australia, nearly doubling its investment and generation …
United Kingdom
UK’s Ofgem Says Household Energy Bills to Rise to Nearly $5,200/Year
British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to 4,279 pounds ($5,170.74) a year from January to …
Energy Storage System
Tesla Giant Battery Built Near Dogger Bank Offshore Wind
The project hailed as “Europe’s largest” battery, has the capacity to power around 300,000 UK homes for two hours
United Kingdom
Nearly 60% Of Britons Are “Concerned” About Potential Blackouts This Winter
Almost half feel “prepared” to cope with blackouts in their area, according to a new survey
LNG
LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033
LNG exports nearly triple over next decade, Inflation Reduction Act to boost gas demand in the long term.
Electric Car
Synthetic Graphite Becomes Crucial to Meeting Battery Demand Surge
Rystad Energy: total EV sales this year will reach nearly 10 million units, a 43% jump from 2021 sales.
Carbon Emissions
DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…
Net Zero Emission
Emissions Reductions Pledges ‘Nowhere Near’ What’s Needed, Un Says
The analysis comes ahead of next month’s COP27 climate change summit in Sharm el-Sheikh, Egypt.
Nuclear Reactor
GE-Hitachi Site Expanding With Advanced Reactor Fuel Facility
Global Nuclear Fuel-Americas (GNF-A) and TerraPower announced a plan to build a natrium fuel facility at existing GE-Hitachi operations near Wilmington, North C…
Natural Gas
Wave of LNG Tankers Is Overwhelming Europe in Energy Crisis and Hitting Natural Gas Prices
60 liquified natural gas vessels are slow sailing or anchored around Northwest Europe, the Mediterranean, and the Iberian Peninsula, according to MarineTraffic.…
Oil Price
Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling…
Electricity Transmission
EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan
The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …
Carbon Emissions
IEA: Global CO2 Emissions to Grow, but by a Fraction of 2021’s Increase
IEA said it expects CO2 emissions to increase by nearly 300 million metric tons in 2022, to a total of 33.8 billion metric tons.
Solar Power Plant
South Africa's Gold Fields Bets on Solar to Cut Costs and Carbon
A new solar power plant at Gold Fields' (GFIJ.J) South Deep mine near Johannesburg, will supply 24% of its electricity.
Hydrogen Production
Goldman Sachs: Hydrogen Generation Could Grow Into $1 Trillion per Year Market
The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countri…
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