Europe

Electric Vehicle Battery
2022-08-18

Is the UK’s First Gigafactory ‘Put on Life Support’?
Work on Britishvolt’s EV battery factory near Blyth in Northumberland has reportedly been limited in a bid to slash spending costs.
Hydropower Plant
2022-08-18

Norway Boosts Hydropower, Challenging Effort to Fill Reservoirs
Hydropower production in southern Norway rose last week in response to high prices, potentially challenging Norway's efforts to fill reservoirs ahead of winter demand, a report by energy regulator NVE showed on Wednesday.
Oil Price
2022-08-18

Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on futures.
Natural Gas
2022-08-18

Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
Natural Gas
2022-08-18

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first half and warned it would take until 2024 before it could turn a profit again.
United Kingdom
2022-08-18

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Natural Gas
2022-08-18

Europe Says ‘No’ to VAT Exemption on German Gas Levy
All German consumers will face a new tax which is hoped to mitigate the rising cost of gas imports.
Net Zero Emission
2022-08-17

UK Puts Carbon Behind Bars
Low carbon systems will ensure the prison has zero carbon operations
Germany
2022-08-17

Europe’s Power Prices Surge to New Record
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on Tuesday
Hydrogen Project
2022-08-17

Canada and Germany Set to Ink New Hydrogen Deal
This new project would be the first of its kind in Canada
Crude Oil
2022-08-17

More U.S. Sour Crude Heads to Germany to Replace Russia Oil
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as European refiners test potential replacements for Russian oil.
Pumped Storage
2022-08-17

Estonian Mine to Be Turned Into Pumped Hydro Facility
Preliminary design and environmental impact assessment for Estonia’s first pumped storage hydroelectric plant is underway under the guidance of Estonian energy company Eesti Energia.
Wind Power Project
2022-08-17

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.
Solar Power Plant
2022-08-17

Iberdrola Toasts First Portuguese PV Commissioning
Iberdrola has commissioned its first solar farm in Portugal, Spain, one of several projects it was awarded in solar auctions in 2019, totalling 187MW.
Crude Oil
2022-08-17

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 "resilient" Russian supplies.

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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

Europe

Is the UK’s First Gigafactory ‘Put on Life Support’?

Norway Boosts Hydropower, Challenging Effort to Fill Reservoirs

Oil Prices Ease as Russia Output Increases

Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’

Europe Says ‘No’ to VAT Exemption on German Gas Levy

UK Puts Carbon Behind Bars

Europe’s Power Prices Surge to New Record

Canada and Germany Set to Ink New Hydrogen Deal

More U.S. Sour Crude Heads to Germany to Replace Russia Oil

Estonian Mine to Be Turned Into Pumped Hydro Facility

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

Iberdrola Toasts First Portuguese PV Commissioning

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

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism

Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications

Indian renewable power firm Clean Max raises about $575 million

Changes in Senior Management of SPIC Finance Holding Co., Ltd.

Naturgy to Invest Over €300 Million in Nuevo Leon