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Oil & Gas Supply
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…
Nuclear Technology
South Korea’s SK Invests $250 Mln in Bill Gates’ Terrapower for Nuclear Power Tech
South Korea's SK Inc said on Monday it and an affiliate invested $250 million in TerraPower, a U.S. venture founded by billionaire Bill Gates that develops smal…
Lithuania
Flexibility Market Starts Development in Lithuania
Lithuania’s largest distribution system operator (DSO) Energijos Skirstymo Operatorius (ESO) is investigating the development of a local flexibility market.
Electric Car
South Korean Government Asks U.S. Government to Soften EV Subsidy Requirements
Ahn Deok-keun, head of trade negotiations at the Korean Ministry of Trade, Industry and Energy (MOTIE), has recently requested the U.S. government to ease the r…
Nuclear Power Plant
Nuclear Power in Europe – Risk Versus Reward
As Europe comes to terms with its overreliance on Russian gas and looks at ways to secure supply for the coming winter, nuclear power, once considered to do mor…
EU
Climate Risks Dwarf Europe’s Energy Crisis, Space Chief Warns
The head of the European Space Agency (ESA) has warned economic damage from heatwaves and drought could dwarf Europe's energy crisis as he called for urgent act…
Oil & Gas Supply
Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…
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…
Net Zero Emission
Decarbonisation Barred by Energy Sector Challenges – WEF
The transformation of industrial sectors is pivotal to reaching net-zero emissions by 2050, however, decarbonisation is lagging due to the complex nature of cha…
Quantum Computing to Advance Solar PV Materials
British quantum software company Phasecraft is to lead a project modelling new perovskite-silicon materials for solar photovoltaics.
Urgent Steps Needed to Accelerate Industrial Decarbonisation – WEF
The transformation of industrial sectors is pivotal to reaching net-zero emissions by 2050, however, decarbonisation is lagging due to the complex nature of cha…
Wind Farm
First Turbine Commissioned at RWE’s Kaskasi Wind Farm in the German North Sea
35 km north of the island of Heligoland, the first turbine of RWE’s Kaskasi offshore wind farm was recently commissioned, and is now supplying green electricit…
Wind Turbine
RWE Windfarm Is First to Be Fitted With Siemens Gamesa’s Recyclable Blades
The first wind turbine to be fitted with Siemens Gamesa’s RecyclableBlades is now producing power at RWE’s Kaskasi offshore wind power project in Germany. …
United Kingdom
Octopus ‘Asks for £1BN Government Support to Seal Bulb Takeover Deal’
The energy supplier is reportedly keen on paying up to £200 million to take on Bulb’s 1.6 million customers.
Natural Gas
Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns
Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…
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