Us

France

France Cuts Volume of Nuclear Power EDF Must Sell Cheaply in 2023

France will next year require state-owned utility EDF, which is soon to be fully nationalised, to sell less of its nuclear power at prices set by the regulator …

Australia

Australian Energy Minister Does Not Rule Out Price Caps

Australia's Energy Minister Chris Bowen said on Friday the country could not rule out energy price caps, as it deals with rising fuel costs.

Natural Gas

Europe’s Gas Use Down in September as High Prices Hit Industry

Europe slashed its gas use in August and September as industries cut production in response to soaring prices and scarce Russian supply, although the cuts were …

Net Zero Emission

Baseload Capital Raises US$24 Million to Boost Geothermal

Swedish climate investment fund, Baseload Capital, has raised US$24 million in new financing, corresponding to SEK 250 million.

Carbon Emissions

Air France-KLM Group Eyes Greener Skies

Neste will supply Air France-KLM Group with more than one million tonnes of sustainable aviation fuel.

Net Zero Emission

‘Greenhouse Gases Reached Record Levels in 2021’

Methane, carbon dioxide and nitrous oxide all hit peak levels after the pandemic.

Electric Car

Ford to Stop Fiesta and Push for EVs

The automaker is bringing an end to the sale of the UK’s most popular car

China

China’s State Grid Corporation to Use Nokia IoT Across Power Infrastructure

The State Grid Corporation of China (SGCC) will deploy a Nokia solution, aiming to use automation to better monitor electrical power production and distribution…

Energy-Eficient Building

E.ON to Reduce Buildings’ Energy Consumption by 20% As Winter Approaches

German electric utility company E.ON has announced efforts to reduce its energy consumption, which are expected to reduce energy use from its buildings by at le…

Net Zero Emission

Rolls-Royce and Neste Promote Green Fuels for Diesel Engines

German power solutions company Rolls-Royce and climate solutions firm Neste have partnered on the implementation of sustainable fuels for diesel engines.

Nuclear Fusion

Tokamak Energy ST80-HTS Hailed as Next Step to Grid Fusion

Tokamak Energy has revealed plans for its latest prototype fusion reactor, claiming grid fusion is just over a decade away.

EU

EIB Group Supports REPowerEU Plan With €30BN Financing

Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.

LNG

LNG Ships Play Waiting Game off Spain’s Coast as Higher Prices Eyed

Several ships carrying liquefied natural gas (LNG) anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in E…

Nuclear Power Plant

U.S. Developing Domestic Uranium Strategy -Energy Secretary

The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce depend…

France

French Power Group EDF Issues New Profit Warning

EDF said on Thursday it now expected a hit to its core earnings of around 32 billion euros because of lower nuclear production,a bigger loss than the 29 billion…