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Clean Energy Transition

Australian Energy Crisis Gives Rise to New Gas Supply Need

Energy prices rose 400% up to AU$40 per gigajoule.

RWE Acquires Polish Renewables Business With 3GW Solar Pipeline

German energy company RWE has acquired Polish solar developer Alpha Solar in a bid to strengthen its European renewables business.

Gas Turbine

GE to Invest in US Hub to Expand Small-Turbine Manufacturing

GE will invest up to $5 million over the next two years to add a second manufacturing location for its aeroderivative units at the existing Global Technology Ce…

Geothermal Power Plant

Kenyan Geothermal Plant Boosts Operations with IoT Upgrade

The Olkaria Geothermal Power Station in Kenya has been able to improve operations by implementing internet of things (IoT) technology.

Offshore Wind Power

Glass Flake Coatings Could Lessen Offshore Wind Substructure Surface Maintenance

Glass flake polyester (GFP) coatings offer more than 30 years’ maintenance-free corrosion protection at the splash zone for offshore assets, according to a new…

Octopus Energy and National Grid Demonstrate First V2G in Great Britain

Octopus Energy Group and National Grid ESO have announced the first successful integration of vehicle-to-grid (V2G) technology, using a test environment of the …

Spain

Iberdrola to Add 1,400MW of Solar Power in Spain This Year

Energy giant is currently executing 12 PV projects with a combined capacity of 550MW and aims to start construction on six projects that will add 873MW.

Solar Power Panel

QatarEnergy Awards US$631m EPC Contract for IC Solar Project

Samsung C&T to build two large-scale PV solar plants in Mesaieed and Ras Laffan Industries Cities, as Qatar builds a sustainable future for energy.

Offshore Wind Power

Mainstream & Ocean Winds Top Bidders for Scottish Windfarm

1.8GW offshore windfarm will be located off the Shetland Islands in Scotland and will be in approximately 100-metres of water depth.

Smart Meter

EDF Looks to Pay as You Go Meters amid British Billing Crisis

Electric utility company Électricité de France (EDF) has announced support packages for British consumers, one of which involves using smart prepayment meters…

United Kingdom

UK Energy Market Regulator Says Shell to Refund Overcharged Customers

Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …

Natural Gas

Italgas – Gas Network Digitalisation Well Under Way

Italian gas DSO Italgas has reported operation of the first sections of new digital gas networks in northwest Italy and works under way in central Italy.

Crude Oil

Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt

Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project

LNG

U.S. Natgas Falls 5% On Delay of Freeport LNG Plant Restart

U.S. natural gas futures fell more than 5% on news of a further delay in the resumption of initial operations at the Freeport LNG export plant in Texas.

Oil Price

Energy Bonanza Drives Shareholder Payouts to New Record

Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …