Un

United Kingdom

Cost of UK Support to Cap Energy Bills to Be Set Out on Friday

Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.

Hydrogen Project

EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development

The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a…

Natural Gas

Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln

Germany confirms nationalisation of gas importer Uniper.

Carbon Pricing

Britain’s Drax Signs Deal to Sell 2 Million U.S. Carbon Removal Credits

British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International

Net Zero Emission

GM Backs Setting Tough U.S. Emissions Targets for 2030

General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-e…

Natural Gas

Hungary Warns Against Further EU Sanctions on Russia

Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.

Energy Transition

UN Secretary-General Calls for a Fossil Fuels Intervention

The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…

Natural Gas

Germany Could Nationalize Uniper as Early as Next Week

The German government, energy giant Uniper, and its majority shareholder, Fortum, have reached a preliminary agreement under which Germany will nationalize the …

Crude Oil

U.S. Refiners May Soon Purchase More Canadian Crude

Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive re…

Carbon Emissions

‘None of the G20 Are Cutting Carbon Quick Enough’

Most countries actually saw increases in emissions

Biomass Power Plant

Doosan Škoda Supplies Turbines for La Reunion Coal-To-Biomass Conversion

Czech turbine manufacturer Doosan Škoda Power had been awarded a contract for a biomass plant on the island of La Reunion.

Coal-Fired Power Plants

TerraPraxis and Microsoft Partner to Decarbonise Coal Plants

Non-profit sustainability group TerraPraxis will partner with Microsoft to deliver a digital solution to support the repurposing of over 2,400 coal-fired power …

Wind Turbine

Global Wind Turbine Order Intake Breaks Record in Q2

Strong activity in China pushed global wind turbine order intake to a new record of 43GW in quarter two of 2022 and up 36% from year-ago levels. This equates to…

Energy Storage Project

New Global Energy Storage Consortium Launches

The Energy Storage Solutions Consortium has been launched to assess the climate benefits of energy storage.

Solar Cell

Naturgy Builds 683 MW of Wind and Solar Power in Spain

The company currently has 20 wind farms and photovoltaic projects under construction and will start work on another 9 facilities in the coming weeks, with a tot…