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Hydrogen Project

Lhyfe and WPD Offshore Plan 600MW Green Hydrogen Site

Lhyfe and wpd Offshore sign MoU to develop one of the most ambitious green hydrogen projects in Europe at Storgrundet offshore wind farm.

Smart Grid

HBKU and Iberdrola Collaborate on Smart Grid Cybersecurity

Hamad Bin Khalifa University (HBKU) will collaborate with Iberdrola Innovation Middle East (ME) on research and development into cybersecurity for the smart gri…

Net Zero Emission

Ukraine Crisis and Inflation Weigh on ESG Investment Funds

Investment flows to ethical funds fall to $75bn in Q1 amid a sharp drop in risk appetite, IIF says.

Electric Car

Nissan Unveils Prototype Production Facility for All-Solid-State Batteries

Nissan has unveiled a prototype production facility for laminated all-solid-state battery cells, which the company aims to bring to market in 2028.

United Kingdom

Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea

North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…

Natural Gas

Price Volatility and Rising Demand Revive U.S. Natural Gas Trading

Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…

Carbon Emissions

EU to Fund Bulgaria’s €6.3bn Recovery Plan

The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.

Malaysia

Malaysia’s TNB Acquires 97.3MW Wind Portfolio in UK

Malaysia-based Tenaga Nasional Berhad’s (TNB) wholly-owned subsidiary, Vantage RE Ltd., acquired a 100% stake in a 97.3-megawatt (MW) onshore wind portfolio in…

Hydrogen Project

Polish Oil Refiner to Invest €1.6bn in Hydrogen Projects by 2030

PKN Orlen has announced it will invest PLN 7.4bn on low and zero-carbon hydrogen development projects by 2030 to help build a hydrogen economy in Europe.

Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.

Carbon Emissions

Steelmaker Uses Green Hydrogen to Cut Carbon Emissions

For hundreds of years, raging blast furnaces — fed with coking coal — have forged steel used in cars, railways, bridges and skyscrapers.

Offshore Wind Power

Wind Industry Sees 94GW Additional Capacity: Report

The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).

United Kingdom

UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security

The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…

Carbon Emissions

Methane Emissions Surged by a Record Amount in 2021, NOAA Says

Global methane emissions jumped by a record amount in 2021, U.S. National Oceanic and Atmospheric Administration said Thursday.

Coal Trade

Germany Will Need Full Transition Period to Ban Russian Coal

Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …