Articles
30 June 2022
GE loses US patent dispute with Siemens Gamesa
Recent ruling against GE could hobble offshore wind profits in the US, but uncertainty remains over the possibility of further litigation in other markets
29 June 2022
UK must do more on climate targets – CCC
Nation at significant risk of not meeting its fifth and sixth carbon budgets, says climate watchdog
29 June 2022
Offshore wind installations lag government targets
States are ramping up targets, but complex permitting systems constrain developers’ ability to deliver projects at pace, says Global Wind Energy Council
29 June 2022
Equinor and Fluxys study CO₂ pipeline project
Project would pump CO₂ from multiple emitters in northwest Europe to storage sites under Norwegian continental shelf
28 June 2022
EU Council agrees position on energy targets
Council sets binding EU-level targets of 40pc for renewables’ share of the energy mix and 36pc for energy efficiency
28 June 2022
Shell to explore CCS in China with ExxonMobil and Cnooc
The three oil firms have partnered with the provincial government of Guangdong to assess options for a 10mn t/yr CCS hub in Daya Bay
27 June 2022
QatarEnergy joins methane reduction initiative
Firm joins other oil and gas giants in drive to reach near-zero methane emissions from operated assets by 2030
24 June 2022
Brookfield transition fund hits $15bn
Fund aimed at decarbonising industries and scaling up clean energy is largest of its type dedicated to transition, asset manager says
24 June 2022
India solar scale-up must include storage
Solar is the best option for India’s transition, but deployment of battery storage is needed to maximise its potential, industry figures tell event in New Delhi
24 June 2022
Norway seeks talks on cross-border carbon trade
Energy minister Terje Aasland stresses importance of movement of CO₂ across national boundaries to success of CCS
23 June 2022
EDP to invest €1.5bn in renewables
Money will go to Ocean Winds, a joint venture with Engie that has an 11GW floating offshore wind portfolio
23 June 2022
RWE and Arcelormittal cooperate on green steel
Plan includes joint bidding for offshore wind projects and developing green hydrogen supply for German steel mills
22 June 2022
MEPs pass ETS reform
European Parliament has voted in favour of steeper emissions reductions and inclusion of maritime, road transport and heating in carbon pricing schemes
22 June 2022
Asian governments urged to back CCS
European policies can be template for region as it looks to kickstart CCS development, speakers tell Asian Development Bank event
22 June 2022
Floating offshore wind pipeline grows to 85GW
Deployment will take off first in the UK, France, South Korea, Japan and Norway, report says
21 June 2022
New umbrella CO₂ offset contract launched
The GER contract has been designed to tackle some of the problems with existing voluntary carbon markets
20 June 2022
War adds impetus to Europe’s gas decarbonisation
Gas businesses have embraced the acceleration of decarbonisation prompted by the Ukraine war but are concerned about the feasibility of new targets—especially for hydrogen
20 June 2022
Aramco outlines sustainability plans
Saudi oil company’s inaugural sustainability report includes headline targets for blue hydrogen and renewables but is light on detail
17 June 2022
Energy price surge crimps Apac transition spending
Increased state spending on fossil fuel subsidies has narrowed the scope for investment in renewables
16 June 2022
Equinor and SSE award Keadby 3 CCS Feed contract
Facility could be the first power station in the UK to be fitted with carbon-capture technology
15 June 2022
MEPs reach new deal on ETS reform
Cap reduction stays at diluted level but free allowances phased out by 2032
15 June 2022
BP acquires controlling stake in Australian renewables project
Oil major buys 40.5pc share in Australian Renewable Energy Hub, which will supply power to local mines and produce green hydrogen and ammonia
15 June 2022
Shell bids for Polish offshore wind
The oil major joins a growing list of energy firms looking to develop offshore wind in the Polish Baltic Sea
14 June 2022
UK launches first carbon storage licensing round
Government offers 13 areas for offshore storage as interest from potential developers hits unprecedented levels
14 June 2022
India to auction 12GW offshore wind by mid-decade
The country plans to begin bidding process for first blocks offshore Tamil Nadu this year
14 June 2022
US solar faces policy and cost headwinds
Recent government move to pause tariffs on imports from Southeast Asia not enough to remove uncertainty hampering the sector, analysts say
13 June 2022
Orsted to develop CCS for biomass power plants
Danish energy company plans to capture 400,000t/yr of carbon from CHP plant operations in addition to emissions from industrial partners by 2025
13 June 2022
Trafigura backs energy storage developer Malta
Commodities trader joins growing list of investors in Malta’s pumped-heat energy storage technology
13 June 2022
Group of 24 nations agrees to improve energy efficiency
Governments including US, Germany and Japan will seek opportunities for exchange and collaboration, according to joint statement
10 June 2022
World must cut 37gt CO₂ by 2050 – Irena
Agency report identifies key technologies and actions needed to be consistent with 1.5°C pathway
9 June 2022
Shell enters US retail power market with green offering
European major targets Texas with plan that includes free off-peak EV charging and solar net-metering
8 June 2022
EU parliament votes down ETS reforms
Reforms proposed under EU’s ‘Fit for 55’ package will go back to committee stage and return to parliament in September
8 June 2022
Renewables investors flock to west Sahelian frontier
A flurry of solar power projects have advanced in the African region over the last six months as support from international development finance programmes starts to yield results
8 June 2022
Biden waives tariffs on Asian solar modules
Low domestic production capacity means imports from Asia will be critical to US solar growth
7 June 2022
Labor win bodes well for Australia’s renewables sector
Government will remain under pressure on climate from growing electoral support for ‘teals’ and Greens
7 June 2022
EU firms ready to invest in Chinese transition
European businesses have the technology to support China’s push for net zero, but policy uncertainty and red tape are hindering investment, says the EU Chamber of Commerce in China
31 May 2022
Britishvolt plans £200mn EV battery technology hub
New centre near Birmingham to develop batteries ready for high-volume production at Britishvolt’s Northumberland gigafactory
30 May 2022
Beirut turns to renewables to ease energy crisis
A far-reaching electricity sector reform plan puts solar and wind at the heart of the government’s energy strategy
30 May 2022
Canada CCUS requires CO₂ cost certainty
Administration is looking to embed further policy support to help development of the industry
30 May 2022
IEA lays out industry decarbonisation roadmap
G7 countries must introduce near- and long-term policies to ensure adequate transition, agency says
26 May 2022
Abu Dhabi bites the solar bullet
The UAE’s richest emirate is proceeding with its renewables buildout despite rising costs
25 May 2022
TotalEnergies buys 50pc of US renewables developer CEG
Deal worth around $2.4bn with private equity firm Global Infrastructure Partners marks French company’s largest acquisition to date in US renewables sector
24 May 2022
Riyadh hedges its bets with EV ambitions
The Saudi government is leaving little to chance in plans to create an EV-manufacturing cluster on the Red Sea coast
23 May 2022
Surging battery mineral prices threaten EV growth
EV sales growth remains robust in 2022, but rising mineral prices and supply chain dislocations present near-term challenges, says IEA
23 May 2022
Siemens Energy offers €4bn for SGRE takeover
The German technology firm plans to take struggling wind turbine manufacturer Siemens Gamesa into full ownership
20 May 2022
EDF revises Hinkley Point C cost by £3bn
The first UK nuclear project under construction in decades also sees its startup date slip to 2027
20 May 2022
Chemicals and capital markets – growing sustainably
Firms with a low-carbon product portfolio are being rewarded by capital markets and safeguarding future cashflows, according to consultancy McKinsey’s chemicals practice
18 May 2022
EU pushes for 45pc renewables by 2030
European Commission seeks faster deployment of renewables as part of new €210bn plan to cut dependence on Russian energy imports
18 May 2022
EU climate laws advance
Rules governing how emissions will be cut in line with Paris Agreement goals have passed a key legislative hurdle
17 May 2022
BP and Linde plan Texas CCS project
CCS will enable Linde to produce low-carbon hydrogen and take CO₂ from other emitters along Texas Gulf Coast industrial corridor
17 May 2022
Renewables sector loses confidence in EU support scheme
Rules governing EU Innovation Fund disadvantage renewables sector and must change, industry groups tell European Commission
16 May 2022
Snam backs CCS and hydrogen developer Storegga
Italian gas network company becomes strategic shareholder as Storegga secures $63mn in third-round fundraise
16 May 2022
Pragmatism fuels Iran's renewables ambitions
Gas and water shortfalls are propelling Tehran to intensify a quest for investment in non-hydro renewable power
13 May 2022
BP and Equinor granted UK carbon storage licences
East Coast Cluster reaches milestone as licences granted for four more sites in Southern North Sea
13 May 2022
The big carbon short
Commodity traders will help solve a forthcoming large carbon short in the voluntary offset market
13 May 2022
UK opens £120mn nuclear fund
Fund aims to kickstart projects and attract private investment
12 May 2022
Norway ramps up offshore wind targets
Country’s green power exports to rise as government targets 30GW of offshore wind capacity by 2040
11 May 2022
Orsted to trial offshore wind-to-reef initiative in Taiwan
Reefing offshore installations could improve ocean biodiversity but faces regulatory obstacles in the US and Europe
11 May 2022
Renewables growth to stall without new policies – IEA
Global capacity growth is accelerating this year but will lose momentum in 2023 unless governments offer more support, agency says
9 May 2022
Trafigura backs UK lithium refinery project
Refinery can reduce Europe’s reliance on Chinese suppliers of battery-grade lithium chemicals
6 May 2022
Shell calls for policy stability
CEO Ben van Beurden says transition investments are easier to make in a stable policy environment
4 May 2022
Japan’s oil sector steps up interest in CCS
Companies urge government to finalise carbon-capture roadmap and legal frameworks
3 May 2022
EU ‘must not dilute’ low-carbon transport proposal
The European Parliament must not water down Commission proposals on infrastructure for electic vehicle charging and hydrogen refuelling, say industry groups
3 May 2022
BP stands firm on renewable project returns
Oil major slashes list of potential projects as new head of low-carbon business reviews investment cases
29 April 2022
Europe can accelerate offshore wind deployment – Orsted
Existing targets can be exceeded if governments streamline consent process and stop trying to monetise development rights, says Danish energy company
29 April 2022
TotalEnergies says Q1 profits can fund transition
Firm reported profits of $9bn in the first quarter of 2022, up from $6.8bn a year ago due to high oil and gas prices
29 April 2022
China approves three new nuclear plants
China’s nuclear power fleet is expected to overtake the US as the world’s largest by the end of this decade
28 April 2022
US advances offshore wind on both coasts
Boem will open calls for information on a combined 5.1mn acres along the east coast and offshore the state of Oregon
26 April 2022
Net-zero targets ‘inadequate’ to hit Paris goals – McKinsey
Faster shift away from fossil fuels toward efficiency, electrification and new fuels needed to keep 1.5°C pathway in sight, according to consultancy
26 April 2022
Turkey’s renewables success fosters ambition
Offshore wind will be the next frontier as Turkey seeks to maintain the momentum behind its impressive renewables buildout
25 April 2022
TotalEnergies to publish annual climate progress
French company decides to disclose progress against emission reduction targets annually after coming under pressure from investors
25 April 2022
Advantage secures heavyweight CCS backing
New partnership for Canadian producer’s carbon-capture JV aims to drive further expansion
22 April 2022
Oil windfall funds UAE’s global greenery
Burgeoning international renewables investment from Abu Dhabi serves both revenue diversification and foreign policy ends
22 April 2022
Passive investing risks safe haven for fossil fuels
Growth in index-tracking funds over last few years has led to over-investment in fossil fuel sector, says report
21 April 2022
SSE buys Siemens Gamesa renewables portfolio
UK-based company secures foothold in southern Europe with $630mn deal
20 April 2022
Shell says transition plan on track despite Ukraine crisis
Scope one and two emissions down 18pc by end-2021 versus 2016 base year, company says in its latest energy transition progress report
19 April 2022
Equinor lays out transition strategy
Norwegian company says its planned emissions reductions are consistent with a 1.5°C pathway
19 April 2022
Gulf renewables drive stalls
The region’s efforts to build up its clean power capacity have foundered on rising costs and project delays
19 April 2022
ExxonMobil to assess Australian CCS potential
Company is in talks with local industries to assess interest in Gippsland hub
14 April 2022
Climate pledges ‘could limit’ warming to 2°C
Previous research had suggested that pledges have only a 50pc chance of achieving 2°C target
14 April 2022
GE installs first French offshore wind turbine
France’s first commercial offshore wind turbine has been installed at the Saint-Nazaire project
13 April 2022
Ikea unlocks renewable power purchasing for suppliers
Home furnishings giant aims for 100pc renewable energy consumption throughout its value chain
12 April 2022
Clean energy spending rises following Ukraine crisis
Government spending on clean energy rises to over $710bn, but countries with limited fiscal means continue to neglect transition in effort to maintain food and fuel affordability
12 April 2022
Renewables on high alert for cyber risk
Two wind turbine manufacturers have faced cyberattacks this year amid heightened risk for the wider energy sector
11 April 2022
Asian nations must avoid gas infrastructure – Carbon Tracker
Vietnam, South Korea and Japan must invest now in transitioning their power infrastructure away from natural gas to reach net zero by 2050, says think tank
8 April 2022
China’s Longi faces higher power tariffs
World’s largest solar panel manufacturer hit as Yunnan province withdraws preferential tariffs
8 April 2022
CCUS sector seeks clearer policies on storage
Regulatory and financial certainty needed to accelerate investment in long-term storage as carbon capture gains momentum
7 April 2022
UK pledges to streamline offshore wind approvals
Government aims for one-year approval process as it ramps up offshore wind targets as part of energy security strategy
7 April 2022
Climeworks secures $650mn to scale up direct air capture
Swiss startup aims for megaton capacity by 2030
7 April 2022
UK backs nuclear to gain energy independence
Nation raises offshore wind, solar and nuclear targets as it looks to move away from imported fossil fuels
6 April 2022
German government backs massive renewables expansion plan
Cabinet agrees raft of legal amendments designed to double share of renewables in the energy mix by 2030
6 April 2022
War drives ‘small acceleration’ in Europe’s transition
Share of renewables in Europe’s energy mix rises as the continent turns away from Russian gas imports, DNV modelling shows
5 April 2022
Immediate action needed to achieve 1.5°C – IPCC
Limiting warming to around 1.5°C requires global greenhouse gas emissions to peak before 2025 at the latest, but annual figures are still rising
4 April 2022
Transition aid to developing countries must accelerate
Financial pledges need to be substantially larger to have an impact, Indian policy expert says
4 April 2022
EU awards €1.1bn in grants to low-carbon projects
Hybrit hydrogen-based steel and K6 carbon-neutral cement projects among recipients of EU Innovation Fund’s first large-scale awards
1 April 2022
Wind turbine O&M a bright spot for struggling manufacturers
Turbine makers see margins in excess of 20pc from operations and maintenance, but these could dwindle with ageing assets and expansion into multibrand servicing
1 April 2022
Biden to spur domestic critical mineral production
US president invokes the Defense Production Act to expand domestic supply as administration seeks to curb reliance on imports
31 March 2022
Russia crisis will accelerate transition
Short-term increases in fossil fuel use will give way to an accelerated deployment of renewables
30 March 2022
Signs of life in Saudi renewables
Progress on capacity auctions and carbon-free megaprojects signals fresh momentum in Kingdom’s clean power sector
30 March 2022
Canada’s potentially irrelevant energy policy conflict
Infrastructure constraints likely to restrict the country from substantially raising output to replace lost Russian barrels
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