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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…

Wind Farm

Construction Begins on East Anglia Three Offshore Wind Farm

Spanish energy company Iberdrola has started the construction of the 1,400MW East Anglia Three offshore wind farm located off the coast of Norfolk, UK.

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…

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.

Germany

Critical Coal Barges at Deadlock as Rhine Is Set to Be “Impassable” by Friday

Shallow water across the river could reportedly mean that energy products remain undelivered.

Vestas Sells Converters and Controls Business to KK Wind Solutions

Vestas continuously looks for partners that can support its strategic focus on its core business and help scale renewables efficiently in the long-term.

Smart Meter

Serbia Smart Metering Project Supported

Phase one of Serbia’s smart metering implementation has been awarded €7.8 million ($8 million) from the EU through the Western Balkans Investment Framework. …

Offshore Wind Power

Siemens Gamesa Installs World’s First Offshore Wind Turbine With Recyclable Blades

German energy giant RWE started to test a wind turbine with fully recyclable blades at its offshore project Kaskasi. It is the first deployment of the technolog…

Wind Turbine

Wind Turbine Maker Vestas Q2 Hit by Higher Costs

Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss hit by higher costs.

Smart Meter

CEDIS Extends AMI Project With 20,000 Smart Meter Replacements

Montenegrin Electric Distribution System (CEDIS) has started work on an extended phase three of the modernisation of their electricity consumption measurement (…

Adnoc Distribution’s Second-Quarter Net Profit Surges 71% On Strong Revenue

Growth in both fuel volumes and non-fuel business of the company boosted revenue

Natural Gas

INNIO and B.Grimm Plan Gas Power Projects in Thailand

Energy solutions provider INNIO has signed a Memorandum of Understanding (MoU) with Bangkok headquartered B.Grimm Power to collaborate on building new power pla…

Energy Storage Battery

Geothermal Energy Player Ormat’s Battery Storage Strategy Paying Off

US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% during the second quarter of this year, as revenues inc…

European Consumers Want More Renewable Power to Ease Climate and Affordability Concerns

New research commissioned by Statkraft found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, …

Nuclear Power Plant

Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis

High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants.