Tagged With Stuart Penson
Renewables still key to Europe’s post-crisis energy mix
5 October 2022
Medium-term strategy should stay focused on expansion of clean energy, say speakers at Energy Intelligence Forum
Energy transition a ‘massively complex’ challenge – van Beurden
5 October 2022
Shift to clean energy will take decades, but Shell has the skills to make it happen, outgoing CEO says
RWE expands in US with $6.8bn Con Edison deal
3 October 2022
German utility nearly doubles its US renewables portfolio with purchase of US’ second-largest solar operator
North Sea CCS trials to start after cross-border deal
30 September 2022
Chemicals company Ineos to ship CO₂ from Belgium to Danish storage site in first North Sea trials after governments give green light
Petronas clean energy unit targets rapid expansion
29 September 2022
Gentari sets out strategy for aggressive buildout of renewables and hydrogen capacity
UK’s Labour opposition ramps up renewables goals
28 September 2022
Policies would include creation of state-backed national energy champion to drive delivery of 100pc renewables by 2030
CCS poised for rapid growth in US
26 September 2022
Inflation Reduction Act and other government initiatives seen as catalysts for carbon-capture expansion across multiple industrial sectors, according to speakers at Transition Economist roundtable
UK aims to accelerate clean energy projects
23 September 2022
Government includes projects spanning hydrogen, offshore wind, CCS and nuclear on list of priority infrastructure to be delivered as quickly as possible
Qatar works with GE to cut energy sector emissions
22 September 2022
State-owned QatarEnergy and technology company GE to develop roadmap for deployment of CCS, hydrogen and ammonia to cut scope one emissions
Governments not collaborating enough on transition – IEA
20 September 2022
Coordinated action urgently needed on deployment of clean technologies to avoid decades-long delay in reaching net zero, agency warns
Equinor and Wintershall launch major CCS project
30 August 2022
Open access pipeline will link north German CO₂ collection hub with offshore storage sites on Norwegian continental shelf
Scotland awards Shetland offshore wind rights
22 August 2022
Mainstream Renewable Power, Ocean Winds and ESB pay combined £56mn for option to develop 2.8GW of floating capacity with green hydrogen potential
Indian hybrid renewables project secures $1bn loan
18 August 2022
Loan provided by 12 international lenders is largest to a single renewables project in India, developer Renew Power says
Ratch Group buys Nexif Energy for $605mn
17 August 2022
Thai energy firm acquires portfolio of renewables, gas and battery storage from investment firm Denham Capital and project developer Nexif
RWE raises 2022 renewables spend by 30pc
12 August 2022
German utility targets €5bn investment in renewables but confirms temporary restart of lignite power plants to support winter supply
Vestas expects US order boost from climate act
10 August 2022
Danish wind turbine maker welcomes Inflation Reduction Act but reports second-quarter loss as inflation and supply chain issues continue to weigh on performance
Shell in talks with Lufthansa over SAF deal
3 August 2022
Seven-year agreement with German airline would be Shell’s biggest such contract to date
Siemens Gamesa’s losses deepen on rising costs
2 August 2022
Turbine prices must rise to reflect manufacturers’ costs or risk impact on transition, says CEO
New US bill to unleash rapid clean energy deployment
29 July 2022
The Inflation Reduction Act of 2022 includes long-term tax credits for clean hydrogen and carbon capture
EDPR in €250mn German solar deal
29 July 2022
Madrid-based company buys solar developer Kronos to tap accelerating solar growth in Germany
Europe’s energy storage market stalls
28 July 2022
Regulatory barriers and lack of capacity auctions hit growth but RepowerEU seen as supporting market, says Wood Mackenzie
BP opens first electric truck-charging points
27 July 2022
Oil major launches two charging points in Germany aimed at medium- and heavy-duty trucks
Iberdrola secures €550mn EIB green loan
25 July 2022
Funds will support 1.8GW expansion of onshore wind and solar capacity in Spain
Renewable generation set for 10pc growth in 2022 – IEA
20 July 2022
New capacity is driving up green power production and lowering emissions despite higher coal burn in Europe, IEA says
UK consults on major power market reform
19 July 2022
Government eyes biggest overhaul of wholesale market for 20 years to support transition goals and break price link with gas
Irena calls time on role of gas in Europe’s transition
15 July 2022
Deteriorating economics undermine case for gas-fired power plants as a back-up for renewables, agency says
Germany confirms temporary reprieve for coal power
13 July 2022
Cabinet adopts regulation allowing increased use of coal- and oil-fired generation as Russian gas crisis deepens
Air Liquide enters China biomethane sector
12 July 2022
French industrial gases company to launch production at new facility in Jiangsu province by end of year
Equinor buys US battery storage developer East Point Energy
12 July 2022
Norwegian energy company to use flexible storage to boost returns from its renewables portfolio
Repsol boosts investment in transition technology
11 July 2022
Spanish energy company unveils two investment funds aimed at accelerating development and application of new technologies
Rolls Royce secures backing to enter SMR sector
1 July 2022
Modular reactors to be available to UK grid by early 2030s as government and equity investors bet on potential of low-carbon power source
Offshore wind installations lag government targets
29 June 2022
States are ramping up targets, but complex permitting systems constrain developers’ ability to deliver projects at pace, says Global Wind Energy Council
Equinor and Fluxys study CO₂ pipeline project
29 June 2022
Project would pump CO₂ from multiple emitters in northwest Europe to storage sites under Norwegian continental shelf
Brookfield transition fund hits $15bn
24 June 2022
Fund aimed at decarbonising industries and scaling up clean energy is largest of its type dedicated to transition, asset manager says
Norway seeks talks on cross-border carbon trade
24 June 2022
Energy minister Terje Aasland stresses importance of movement of CO₂ across national boundaries to success of CCS
RWE and Arcelormittal cooperate on green steel
23 June 2022
Plan includes joint bidding for offshore wind projects and developing green hydrogen supply for German steel mills
UK launches first carbon storage licensing round
14 June 2022
Government offers 13 areas for offshore storage as interest from potential developers hits unprecedented levels
Trafigura backs energy storage developer Malta
13 June 2022
Commodities trader joins growing list of investors in Malta’s pumped-heat energy storage technology
Britishvolt plans £200mn EV battery technology hub
31 May 2022
New centre near Birmingham to develop batteries ready for high-volume production at Britishvolt’s Northumberland gigafactory
TotalEnergies buys 50pc of US renewables developer CEG
25 May 2022
Deal worth around $2.4bn with private equity firm Global Infrastructure Partners marks French company’s largest acquisition to date in US renewables sector
Surging battery mineral prices threaten EV growth
23 May 2022
EV sales growth remains robust in 2022, but rising mineral prices and supply chain dislocations present near-term challenges, says IEA
EU pushes for 45pc renewables by 2030
18 May 2022
European Commission seeks faster deployment of renewables as part of new €210bn plan to cut dependence on Russian energy imports
BP and Linde plan Texas CCS project
17 May 2022
CCS will enable Linde to produce low-carbon hydrogen and take CO₂ from other emitters along Texas Gulf Coast industrial corridor
Renewables sector loses confidence in EU support scheme
17 May 2022
Rules governing EU Innovation Fund disadvantage renewables sector and must change, industry groups tell European Commission
Snam backs CCS and hydrogen developer Storegga
16 May 2022
Italian gas network company becomes strategic shareholder as Storegga secures $63mn in third-round fundraise
BP and Equinor granted UK carbon storage licences
13 May 2022
East Coast Cluster reaches milestone as licences granted for four more sites in Southern North Sea
Norway ramps up offshore wind targets
12 May 2022
Country’s green power exports to rise as government targets 30GW of offshore wind capacity by 2040
Renewables growth to stall without new policies – IEA
11 May 2022
Global capacity growth is accelerating this year but will lose momentum in 2023 unless governments offer more support, agency says
Trafigura backs UK lithium refinery project
9 May 2022
Refinery can reduce Europe’s reliance on Chinese suppliers of battery-grade lithium chemicals
BP stands firm on renewable project returns
3 May 2022
Oil major slashes list of potential projects as new head of low-carbon business reviews investment cases
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