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Energy Storage Battery

Blackrock Makes $700 Million Investment in Australian Battery Storage

Effective, large-scale storage systems are set to become increasingly important as renewable energy capacity expands.

Wind Power Project

Nordex Receives Orders for 100 MW of Wind Power From Germany in July

Nordex will supply 19 wind turbines for various customers, including projects in Baden-Württemberg, North Rhine-Westphalia and Mecklenburg-Western Pomerania.

Crude Oil

Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View

Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "…

Hydrogen Production

Total Eren Plans 2GW Solar + Hydrogen Hub in Australia

Australia’s Northern Territory Government and Paris-based energy company Total Eren have signed a memorandum of understanding (MoU) to develop a new green hydr…

Oil & Gas Supply

Europe’s Efforts to Shield Households From Soaring Energy Costs

Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…

Natural Gas

German Energy Market Would Collapse Without Gas Levy - Habeck

Germany had to introduce its new levy to help utilities cover the cost of replacing Russian supplies or else its energy market would collapse, Economy Minister …

Oil Field

Norway’s Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early

Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can use carbon-free power on more offs…

CCS

Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas prop…

Electric Car

U.S. States Urge Postal Service to Halt Gas Vehicle Purchases

A group of 17 state attorneys general urged the U.S. Postal Service (USPS) to halt planned purchases of gasoline-powered delivery vehicles pending a new environ…

Natural Gas

Germany Hits 75% Gas in Storage Goal Ahead of Schedule

Germany reached in the middle of August its target to have its natural gas storage 75% full, two weeks ahead of plans, data from Gas Infrastructure Europe showe…

Natural Gas

Heatwave Sends European Gas Prices Higher

Europe’s benchmark gas prices at the Dutch TTF hub increased by 2% to $215.50 per MWh on Monday.

Natural Gas

German Households Will Foot the Bill for New Gas Tax

A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to fo…

Energy Transition

American Clean Power Week 2022 Kicks Off

During a time of historic legislative action that will turbocharge the domestic clean power industry, the American Clean Power Association today kicked off Amer…

Hydropower Plant

Smart Tools to Enhance the Flexibility of Hydropower Turbines in the US

A team of GE Research engineers has been awarded a project through US Department of Energy’s Water Power Technologies Office to improve the operating capacity …

Offshore Wind Power

Keppel Corporation and Keppel Infrastructure Trust Jointly Invest in Offshore Wind Farm

Keppel Corporation Limited and Keppel Infrastructure Fund Management Pte Ltd (KIFM) have announced that they are jointly investing €305.0 million to acquire a …