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France

France Spends 8.4 Billion Euros to Help Companies With Energy Bills

France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…

Israel

Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects

Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investmen…

Czech Republic

Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan

The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden o…

EIB-Backed Fund Closed: €220m for Energy Efficiency BTM Projects

SSEF, an EU-focused fund backed by the EIB and advised by Solas Capital AG, has reached final close with investment commitments of €220 million ($228.4 million…

Global Commission Formed to Accelerate Approvals of Renewables, Green Hydrogen

It is expected to present its recommendations to the UN General Assembly in September 2023.

Energy Transition

COP27 Reignites the Debate About Carbon Credits

Some argue that a carbon credit scheme is an essential form of climate financing for developing countries, others argue that it could easily fall prey to green-…

Electric Car

EV Makers Burning Cash Due to Sky-High Raw Material and Production Costs

Many EV start-ups recorded huge losses in September quarter and warn high costs are here to stay due to surging inflation and global supply chain crisis.

Hydrogen Production

Producing Hydrogen by Catalytic Pyrolysis of Biogas

As far as the Paris Agreement is concerned, carbon capture and storage are known to be essential if the world is to have any chance at attaining the target of 1…

Floating Offshore Wind

Global Floating Wind Targets Falling Behind – Report

Targets for 2030 wind production from floating wind farms are set to be missed across the globe, according to the latest report from wind market analysts 4C Off…

CCS

Capturing CO2 and Repurposing It Into Neutral Chemicals

A new study performed by the University of Surrey has shown that Carbon dioxide (CO2) can be captured from the encircling atmosphere and reprocessed into benefi…

Romania

Romanian Government Partially Regulates Energy Markets Until 2025

Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…

Germany

German Budget Experts Push for Dividend Ban Tied to Energy Subsidies

Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …

Energy Transition

Brookfield Bets $11.8 Billion on Australia’s Energy Transition

Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…

Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Natural Gas

Natural Gas Prices Slide as Bearish News Continues to Mount

The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.