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Electricity Trade
2024-08-14
Ofgem signs off $4.35 billion electricity ‘superhighway’ from scotland to yorkshire
The sun rises behind electricity pylons near Chester, northern England October 24, 2011. REUTERS/Phil Noble/File photo Purchase Licensing RightsBritain's energy regulator Ofgem on Tuesday approved the 3.4 billion pound ($4.35 billion) 2 gigawatt e
Offshore Wind Power
2024-08-14
Poland starts nearly 5 bln euro Loanplan to fund offshore wind
A survey vessel sails past wind turbines at the Burbo Bank offshore wind farm near New Brighton, Britain, January 23, 2023. REUTERS/Phil Noble/File Photo Purchase Licensing RightsPoland is launching a nearly 5 billion euro ($5.46 billion)programme finance
Floating Offshore Wind
2024-08-13
UK oil & gas operator eyeing seatwirl floating wind tech to decarbonise offshore production
Swedish floating wind turbine developer SeaTwirl has signed a memorandum of understanding (MoU) with UK-based oil and gas operator Serica Energy, under which the two companies will explore decarbonising Serica Energy’s offshore assets.With the M
Offshore Wind Power
2024-08-13
RWE, luxcara winners of GERMAN 5.5 GW offshore wind tender
RWE and Luxcara have been selected as winners of the latest German tender, offering a total of 5.5 GW of capacity across three sites, N-9.1, N-9.2, and N-9.3, all located in the German North Sea.RWE has secured the sites N-9.1 and N-9.2, where the company
Geothermal Heating Project
2024-08-13
Poland announces new funding for geothermal heating projects
Geothermal well at Zakopane, Poland (Source: Geotermia Podhalanska)Poland’s National Centre for Research and Development (NCBR) has allocated funding of PLN 400 million (approx. USD 101 million) for geothermal energy, as well as onshore and offs
Pumped Storage
2024-08-13
SSE completes exploratory tunnel for potential pumped storage
Exploratory tunnelling at the site of what would be the UK’s first large scale pumped storage scheme to be developed in 40 years is now complete. The completion of a 1.2 km long exploratory tunnel is the latest milestone in SSE’s ongoi
Solar Power Plant
2024-08-13
Nextenergy capital buys 248 MW solar portfolio in Spain
High-voltage power lines and electricity pylons stand near an array of solar panels from a solar energy park in Saelices, Spain, May 11, 2022. Picture taken May 11, 2022. REUTERS/Susana Vera/ File Photo Purchase Licensing RightsRenewable energy-focussed i
Nuclear Power Plant (NPP)
2024-08-13
Price tag for new nuclear power in Sweden$38 billion, commission says
Sweden's plans to expand nuclear power to help tackle climate change are likely to cost around 400 billion crowns ($38 billion) and should be financed by government loans and price guarantees, a government appointed commission said on Monday.The g
Biofuel
2024-08-12
Totalenergies supplies its first 100% cooking oil-based Marinefuel in Singapore
The TotalEnergies logo sits on the company's headquarters skyscraper in the La Defense business district near Paris, France, June 26, 2023. REUTERS/Stephanie Lecocq/File Photo Purchase Licensing RightsTotalEnergies (TTEF.PA), opens new tab has sup
Offshore Wind Power
2024-08-12
COP to lead development of 600 MW fengmiao 2 offshore wind farm
Renewable energy developer Copenhagen Offshore Partners (COP) has announced that it will lead development activities for the newly awarded 600 megawatt (MW) Fengmiao 2 Offshore Wind Farm, located around 40 kilometres off the coast of Taichung City in Taiw
Nuclear Fusion
2024-08-12
UKAEA’s JET fusion site set to be opened up for AI data centres
Fusion startups, large scale AI data centres and supercomputing are proposed for the UKAEA Culham Campus following the closure of the JET (Joint European Torus) project.In an open tender, the UKAEA is calling for expressions of interest in opportunities t
Energy Storage Project
2024-08-12
Porche reveals second-life battery at Germanyplant
The BESS using second-life batteries at the Porsche Leipzig plant has a capacity of 5 MW and an energy content of 10 MWh. The system can be operated at up to 20% overload for short periods. The 4,400 battery modules from Porsche Taycan electric sportscars
Nuclear Power Plant (NPP)
2024-08-12
Fire at cooling tower of zaporizhzhia nuclear plant
Kyiv and Moscow traded blame on Sunday after a fire broke out at a cooling tower of the Zaporizhzhia nuclear power plant (ZNPP).Ukraine, Russia and the International Atomic Energy Agency (IAEA) said there had been no detected spike in radiation levels or
Oil & Gas Trade
2024-08-12
Shell to invest in phase 2 of surat gas project in Australia
Shell (SHEL.L), opens new tab plans to invest in the second phase of development at joint venture Arrow Energy's Surat gas project in Queensland, Australia, the global energy giant said on Monday.The second phase of development will include up to
Hydrogen Project
2024-08-10
Greenstat to Start Construction of Agder Hydrogen Facility in Norway
Norwegian energy company Greenstat is set to commence construction of the Agder hydrogen facility, located at Fiskå industrial park in Kristiansand, Norway.Courtesy of GreenstatWith a planned building period of two years, hydrogen is expected to
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Indian renewable power firm Clean Max raises about $575 million
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Naturgy to Invest Over €300 Million in Nuevo Leon
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Norway’s First Floating Wind Tender Attracts Two Bids