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Hydrogen Technology

UK Backs Hydrogen Technologies with £400 Million Awarded to Johnson Matthey

UK Export Finance guarantees sustainability-linked loan, supporting homegrown research and development in sustainable technologies and hydrogen.

Net Zero Emission

UK Launches Future System Operator to Oversee Energy System

The public body comes ahead of the Energy Security Strategy which will be published on ThursdayThe UK has launched the Future System Operator (FSO) to oversee i…

Wind Farm

Low Carbon Closes Deal for Wind Farm in Finland

Low Carbon have announced that it has reached financial close on the Mörknässkogen wind farm in Finland.

Pumped Storage

Pumped Hydropower Storage: GE to Set up 1.5-GW Capacity for 2 Indian Units

Pumped hydro is seen as an alternate, most economical and reliable form of peak power generation that can easily provide 400 MW to 1GW in less than 60 seconds a…

Wind Farm

WindEurope Announces Sven Utermöhlen of RWE Renewables as Its New Chair

WindEurope’s Board of Directors has elected Sven Utermöhlen, CEO Offshore Wind at RWE Renewables, as the Association’s new Chair for an 18-month term.

Energy Storage Battery

"Hibernating" Battery for Seasonal Storage Releases Energy When Heated

Scientists continue to explore advanced battery technologies that could help us unlock the full potential of renewable energy, working to address the intermitte…

Carbon Emissions

Giant Biomethane Production Plant Switched on in France

Veolia and Waga Energy announced the commissioning of the production unit which used biogas from a non-hazardous waste storage facility.

Nuclear Power Plant

SMR Startup Lines up Financing for Nuclear Power Plant Deployment

Small modular reactor (SMR) startup ARC Clean Energy Canada said it completed its Series A financing in the amount of C$30 million ($24.11 million) from private…

Coal Trade

EU Targets Russian Coal, Ships in New Sanctions

The EU is proposing the 5th round of sanctions against Moscow, which among others target coal imports from Russia, European Commission President Ursula von der …

Hydrogen Project

EU Injects $157m into Hydrogen Iron and Steelmaking Project

The HYBRIT-initiative, driven by SSAB, LKAB and Vattenfall, has received €143 million ($157 million) from the European Union.

Nuclear Fusion

Nuclear Fusion: World-First Reaction Achieved by Oxford-Based Start-Up

The crown jewel of energy production, nuclear fusion using a projectile, may have been cracked in a major scientific breakthrough by a start-up in Oxford.

Crude Oil

Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains

Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities.

Crude Oil

West Set To ‘Swap’ 650,000 Bpd Russian Oil with Developing Asia

Developed economies allies of the U.S. and the EU are expected to replace around 650,000 barrels per day (bpd) of Russian crude oil with grades from other produ…

Iran

Iraq in Need of Iranian Gas for Years: Iraqi Official

Iraqi Minister of Electricity Adel Karim has underlined that Iraq has not struck a deal with the littoral states of the Persian Gulf; thus, Baghdad requires gas…

Nuclear Power Plant

Britain’s Torrid Love Affair with Nuclear Power Continues

Nuclear energy may well be a key part of the UK’s energy security, but establishing who carries the financial risk of such a high-cost venture is of the utmost…