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Europe
Russian Federation
2022-05-16
Russian Energy Supplier Cuts off Electricity to Finland
Inter RAO’s Finnish subsidiary cited problems with payments, announcing it has not been paid for deliveries since 6th May 2022.
Russian Federation
2022-05-16
Gazprom Books Gas More Transit Capacity for Monday, Ukrainian Operator Says
Russian state gas company Gazprom booked transit capacity of 65.20 million cubic metres for May 16 via the Sudzha entry point.
Oil Price
2022-05-16
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
Nuclear Power Plant
2022-05-14
UK Launches Funding to Encourage Nuclear New Build
The UK government has announced the launch of GBP120 million (USD146 million) in funding to support development of new nuclear energy projects, stimulate competition in the industry and unlock investment across the UK. The Future Nuclear Enabling Fund (FN
Net Zero Emission
2022-05-13
UK Government Unleashes £200M for Zero-Emission HGVs
The three-year programme will begin later this year to help decarbonise the UK’s freight industry.
Nuclear Power Plant
2022-05-13
New Nuclear Power Stations May Increase Energy Bills, Says Business Secretary
Kwasi Kwarteng however, has said in the “medium-term” new nuclear would give the UK “cheaper power”.
Energy Storage Battery
2022-05-13
‘Germany Does Not Think it Needs Flow Batteries’
Buyers of energy storage solutions (ESS) in Germany do not yet see a need for flow batteries for medium duration storage, an ESS provider tells Energy-Storage.news, with many set on the potential of green hydrogen.
Energy Storage Battery
2022-05-13
UK Government Must Spend £20Bn on Energy Battery Storage to Meet 2030 Renewables Targets
Modelling from Cornwall Insight on Great Britain’s (GB) Power Market out to 2030 has shown that between 2025 and 2030 the UK government must spend nearly a fifth (18%) of its total energy technologies investment.
Energy Storage Battery
2022-05-13
Canadian Solar Marks Entry into UK Energy Storage Market with 100MWh EPC Deal
Canadian Solar has made its first move in the UK battery energy storage space after signing a number of agreements with Pulse Clean Energy.
LNG
2022-05-13
India Looks to Import More LNG amid Rising Demand
Gas demand from households in cities and from the transportation sector in India is currently outpacing supply.
Crude Oil
2022-05-13
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and looks to reduce reliance on Russian oil.
Crude Oil
2022-05-13
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Oil & Gas Supply
2022-05-13
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expected amount of gas produced by Russia in 2022.
Oil & Gas Supply
2022-05-13
Russia Could Cut Gas Supply to Finland on Friday
Key Finnish politicians have been warned that Russia could halt its gas supplies to neighbouring Finland on Friday.
Solar Power Plant
2022-05-12
Ingeteam Touts Italy’s Largest Storage System
Spain’s Ingeteam will supply a 70 MW/340 MWh facility based on almost 60 lithium-ion containers to provide storage services to the grid.
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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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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