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Energy Investment

Record Global Energy Investment to Grow 8% To $2.4T in 2022: IEA

This is on the back of investment in renewables and grids.

Carbon Emissions

The World Is Failing in Both Energy Affordability and Climate Goals

Global energy investment is forecast to rise by 8 percent to $2.4 trillion this year.

Wind Turbine

Nordex Group Receives Order From OX2 for Polish Wind Farm

The Swedish wind farm developer OX2 has placed an order with the Nordex Group for the supply of 11 N149/5.X turbines for Wysoka wind farm in Poland.

Energy Storage Project

Recurrent Energy Acquires 400MWH Storage, Expands Ercot’s Storage Pipeline

Recurrent Energy, LLC, has acquired two standalone energy storage projects from Black Mountain Energy Storage (BMES).

Oil Price

Oil Rises on Market Caution Over Tight Supply

Oil prices rose 1% on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns ab…

Russian Federation

Enel Offloads Its Russian Assets for €137M

The company is forecasting a hit of approximately €1.3 billion on net income.

United Kingdom

UK’s Ofgem Proposes New Rules to Protect Customers Amid Soaring Energy Prices

Britain's energy regulator on Monday proposed new measures to protect consumers' money and prevent energy suppliers from charging high direct debit payments, a …

Ireland

Ireland’s Energy Poverty Breaks New Record

The number of fuel poor households surpassed that recorded 28 years ago, according to a report.

Energy Transition

South Africa: Planning for Life After Coal While Exploring the Ideal Energy Mix

Unpacking the ideal energy mix for one of Africa’s leading economies, was a hot topic in several conversations at the recent Enlit Africa conference.

Coal-Fired Power Plants

Australian Power Crisis Eases as Coal-Fired Plants Crank Up

Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but…

Wind Farm

Vattenfall Offshore Wind Farm Will Use Recyclable Wind Turbine Blades

The Hollandse Kust Zuid offshore wind farm in the Netherlands will use a new type of wind turbine blades that can be recycled. The blades are made with a new ty…

Offshore Wind Power

UK’s £130M Subsea Cable Manufacturing Facility Reaches Final Grant Agreement

The project is forecast to create 170 new jobs

2022’International Graphene Innovation Conference(GRAPCHINA 2022)

International Graphene Innovation Conference has been successfully held for eight consecutive sessions. The number of participants has set a new record year by …

Hydrogen Production

DNV Forecasts Hydrogen to Meet a Third of What Is Required for Paris Goals

The Norwegian certification society suggests new policies are needed to push hydrogen production and offtake

Geothermal Power Plant

Japanese Companies to Jointly Utilize New Geothermal Heat Recovery Technology

A joint consideration between TEPCO and MOECO aims to develop a geothermal project in Japan using new heat recovery technology.