News
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, 2023The European Commission proposed regulations l
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, 2023Habeck is looking to overhaul the 550 terawatt hours (TWh) per year market, as demand rises
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, 2023Indonesia’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, 2023Last year, Indonesia signed five agreements to cut its carbon emissions. Among these was the $20 billion Ju
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.
February 20, 2023Vietnam to postpone rules for offshore wind development
A European Union business representative said that Vietnam may not have a legal framework to regulate offshore wind farms until next year, potentially deferring billions of dollars in foreign investment in the sector.
February 20, 2023Supply chain, red tape hamper European renewables projects: RWE CEO
The most significant barriers to rapidly expanding renewable energy in Europe are supply chain capacity and an uncertain investment environment, according to Markus Krebber, CEO of Germany's largest utility RWE.
February 18, 2023Skills shortage crisis threatens EU renewables targets
The European Union's ambition to rapidly expand solar and wind power relies on a big increase in the solar and wind workforce during a difficult hiring season.
February 18, 2023China's CNPC set to strike 30-year LNG deal with Qatar
China National Petroleum Corp (CNPC) is close to finalizing an agreement to purchase liquefied natural gas (LNG) from QatarEnergy for up to 30 years from the Middle Eastern exporter's massive North Field expansion project, three people with knowledge of t
February 15, 2023Germany eyes long-term LNG supply deal with Oman
Germany and Oman are in advanced talks to strike a long-term deal for liquefied natural gas (LNG) lasting at least ten years as Berlin seeks alternatives to Russian fuel supply, according to three sources familiar with the matter.