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Wind Power Project
New Report Finds Value of Wind Energy Far Exceeds Costs
Wind energy continues to see strong growth, solid performance, and attractive prices in the U.S., according to a report released by the U.S. Department of Energ…
Hydrogen Production
2022—the Year the Hydrogen Economy Launched?
The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D
Energy Storage Battery
Inflation Reduction Act Prompts Turkish Company to Increase US Gigafactory Output to 3GWH
Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Red…
Joe Biden
ACP CEO Heather Zichal Statement on President Biden Signing the Inflation Reduction Act Into Law
Heather Zichal, CEO of the American Clean Power Association, issued the following statement today after President Biden signed the historic Inflation Reduction …
Offshore Wind Power
Iberdrola Aims to Design Offshore Wind Farms That Protect the Environment
Offshore wind energy projects will be key to the growth of the electric utility, which has around 1,300 MW in operation and a further 5,500 MW under constructio…
Natural Gas
Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
United States
US DOE Announces $44M Funding for EGS Innovation Projects
Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
Crude Oil
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…
United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Net Zero Emission
UK Puts Carbon Behind Bars
Low carbon systems will ensure the prison has zero carbon operations
Floating Offshore Wind
Researchers Design Novel Floating Wind Turbine for Deep Waters
Researchers at the US Department of Energy’s Sandia National Laboratories created a tool that they plan to use to design a novel floating wind turbine that the…
Crude Oil
Latin America’s Crude Exports Drop In August
Exports of crude oil and condensates from Latin America, excluding Venezuela, have fallen so far in August compared to high levels in July
CCS
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…
CCS
New AI Tech Could Help Detect Leaks in Underground Carbon Storage
The international research partnership seeks to implement AI and machine learning to detect the leaks in pipelines and well string
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