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CCS

Renewable Energy, Electrification Big Winners in Inflation Reduction Act

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…

Energy Investment

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says

Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…

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.

Solar Power Plant

Iberdrola Toasts First Portuguese PV Commissioning

Iberdrola has commissioned its first solar farm in Portugal, Spain, one of several projects it was awarded in solar auctions in 2019, totalling 187MW.

Coal Price

India Buys Discounted Venezuelan Petcoke to Replace Coal

Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…

Natural Gas

German Households Will Foot the Bill for New Gas Tax

A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to fo…

Crude Oil

It’s Time for an Oil and Gas Boom in Africa

There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial …

Germany

Germany to Give Energy Essentials Priority by Rail if Rhine Disruption Worsens

Germany plans to give the transportation of materials and equipment essential for energy production priority on the country's rail networks should water levels …

Crude Oil

Saudi Aramco Profit Soars on Higher Prices and Refining Margins

State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma…

Global Nuclear Industry States Its Support of the NPT

Twenty national and international nuclear industry associations have issued a joint statement in support of the Nuclear non-Proliferation Treaty (NPT) and are c…

Offshore Wind Power

California Adopts Historic Plan to Reach 5GW Offshore Wind by 2030

The California Energy Commission (CEC) has adopted a report setting offshore wind goals that it said move the state closer to developing energy resources off th…

Solar Power Plant

Shell Confirms Plans to Purchase Portfolio of New Build Solar Capacity in the UK

Shell is working towards the purchase of four solar farm projects with a total capacity of 100 MW, currently being developed by Anesco.

Sweden

Sweden Overtakes France as Europe’s Biggest Net Power Exporter

Sweden overtook France as the biggest net exporter of power in Europe during the first half of this year.

Natural Gas

Australia’s Santos Buys Pipeline Route for Undeveloped Gas Project

Australia's Santos Ltd said on Thursday it had bought a company that owns an approved underground pipeline route that could transport natural gas from its plann…

Hydrogen Production

ScottishPower Weighs 100MW Green Hydrogen Hub at Port of Felixstowe

Iberdrola subsidiary ScottishPower and port operators Hutchison Ports are investigating the opportunity to build a 100MW green hydrogen production facility at t…