Port

Offshore Wind Power

UK Faces 60 Billion STG Wind Bill and Rising Energy Import Dependence Risk

Some 60 billion pounds is required if Britain is to achieve its goal of quadrupling its offshore wind power capacity to 40 gigawatts by 2030.

Crude Oil

U.S. Oil Exports Surge, Drawing Crude away From Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub …

Nuclear Reactor

Most Japanese Back Nuclear Power for First Time Since Fukushima

For the first time in more than a decade, a narrow majority of Japanese now support restarting idled nuclear reactors.

Crude Oil

EU Steps back From Impractical Russia Oil Embargo

EU leaders have stepped back from imposing an immediate embargo on Russian crude and petroleum product imports as the impracticality of the policy has become cl…

Hydrogen Fuel Cell Vehicle

New Ford Patent Shows Its Interest in Hydrogen

Ford Motor Company recently filed a patent for a combustion engine that will run on hydrogen, Motor1 reports.

Natural Gas

Will Importers Cave into Putin’s Gas for Rubles Demand?

Russian President Vladimir Putin recently required “unfriendly” buyers of the country’s natural gas to pay in rubles, a move that could have far-reaching imp…

United Kingdom

Industry Body Says Offshore Fields Can Support 40% of UK’s Gas Consumption

The UK’s offshore fields can support around 40% of the country’s gas consumption and two-thirds of its oil consumption over the next two years.

Spain

Aquila Acquires 100MWp Solar PV Portfolio in Spain

Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio’…

Energy Transition

AfDB Pledges $2.8bn Towards South Africa for Energy Transition

African Development Bank Group President Dr Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for t…

United States

US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban

US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …

Germany

German Association Calls for Law Changes to Promote Solar Repowering

The German government should amend the current Renewable Energy Act (EEG) to support the repowering of solar parks on the way to the goal of boosting solar capa…

Net Zero Emission

IEA Receives $22 Million Annual Funding Stream to Expedite Net Zero Roadmaps

The International Energy Agency has received a major funding boost in the form of a €20 million funding stream from member countries, enabling the scale-up of …

Energy Storage System

US Energy Storage Sprinted to a Record-Setting End to 2021

The U.S. energy storage market set quarterly and annual records for new capacity additions, according to a report.

LNG

Asian Gas Buyers Buzzle over Putin's Demand for Payment in Roubles

Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said "unfriendly" countries must pay for Russian gas in rouble…

Hydrogen Production

How Putin’s War Has “Turbocharged” Green Hydrogen, and Long Term Shift From Fossils

Two new reports from leading market analysts have singled out green hydrogen as a sector that stands to be “turbocharged” as a result of the Russia-Ukraine co…