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March 08, 2023

EU to propose new rules for boosting renewable energy production

The European Union's executive body is ready to provide permissions, regulatory support, and easier access to public and private investment for some key green technologies, according to its draft document.
March 07, 2023

Enbridge earmarks $2.4 bln in infrastructure, renewable projects in U.S.

Enbridge Inc of Canada announced plans to invest C$3.3 billion ($2.4 billion) in natural gas and liquids infrastructure and renewable power this year, and said there were better investment opportunities in the U.S. due to green energy subsidies.
March 02, 2023

China approves record number of new coal-fired power plant in 2022

China approved the construction of 106 GW of new coal-fired power capacity last year, four times more than the previous year and the highest level since 2015, spurred by energy security concerns, according to a research released on Monday.
March 02, 2023

Gas shortage is unlikely to hit Germany next winter, research suggests

Germany is not likely to encounter a gas crisis this winter and should postpone the conversion of floating liquefied natural gas (LNG) terminals to fixed ones, a report by the DIW economic institute said.
March 01, 2023

Germany scales up energy transition to strengthen renewables industry

Germany has identified three core measures including financial support to boost energy transition technologies as well as increased green power generation and transmission to regain its position, Economics Minister Robert Habeck said on Tuesday.
February 24, 2023

EU climate diplomacy deal caught in debate on nuclear

The European Union countries failed to adopt climate diplomacy conclusions scheduled for Monday due to a developing split over the role of nuclear energy in the green transition, according to EU officials.

The European Commission proposed regulations l
February 23, 2023

Germany to quicken power market reform amid rising demand, minister says

Germany must act quickly to meet its renewable energy targets if it wants to keep the lights on amid rising energy demand, Economy Minister Robert Habeck said.

Habeck is looking to overhaul the 550 terawatt hours (TWh) per year market, as demand rises
February 23, 2023

Australia must accelerate renewables deployment to avoid power shortage

Blackouts could hit eastern Australia by the middle of this decade if renewable energy projects are not scaled up as the country rapidly shifts away from its reliance on coal-fired power plants, the energy market operator said on Tuesday.
February 22, 2023

Indonesia’s energy transition continues to face headwinds

Indonesia is one of the world's leading coal producers. Nonetheless, it has pledged to cut back on its usage of fossil fuels in the near future.

Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
February 22, 2023

Europe may face tighter energy shortage next winter, IEA's head warns

Fatih Birol, head of the International Energy Agency (IEA), has warned of potential energy shortages next winter due to a lack of new liquefied natural gas (LNG) entering the market, while China's appetite is set to rise this year.

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