(IN BRIEF) Fortum has invested as a limited partner in Norrsken Evolve through its Innovation & Venturing arm, strengthening its access to early-stage companies developing technologies for the evolving European energy system. Norrsken Evolve recently completed the final close of … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Technology
Tagged 50000 founders funders and supporters, 80 companies, business models, customer solutions, early-stage companies, electrification, emerging technologies, energy flexibility, Energy Innovation, energy markets, energy transition, Europe, Fortum, Fortum Adds Energy Expertise to Norrsken Evolve Portfolio of More Than 80 European Startups, Fortum Expands Nordic and European Startup Connections Through Norrsken Evolve Partnership, Fortum Innovation & Venturing, Fortum Innovation & Venturing Invests in €62 Million Norrsken Evolve Pre-Seed Fund, fossil-free energy, Gustav Eilertsen, heating and cooling, industrial decarbonisation, innovation ecosystem, Johan Attby, limited partner, Nordic Region, Norrsken ecosystem, Norrsken Evolve, Portfolio Companies, power generation, pre seed investment, September 25 2026, Startups, strategic investment, sustainability, sustainable technology, venture capital, venture investment, €62 million fund
(IN BRIEF) Eneco has signed a 10-year agreement to control two battery parks being developed by Storm in Belgium, adding 300 MW of capacity to its dispatchable storage portfolio. The projects in Ruien and Langerlo will have storage capacities of … Read the full press release
Posted in Belgium, Business, Energy, Gas & Oil, Environment, Germany, Infrastructure & Utilities, Netherlands, Technology
Tagged 1.2 GW, 300 MW, 400 MWh, 800 MWh, battery energy storage systems, battery parks, Belgium, BESS, co-location, dispatchable battery capacity, electricity trading, Eneco, Eneco Expands Dispatchable Battery Portfolio Beyond 1.2 GW Through Storm Agreement, Eneco Secures Control of 300 MW Belgian Battery Capacity Under New Storm Contract, energy markets, energy storage, Germany, grid balancing, Langerlo, lithium-ion batteries, Netherlands, New Storm Partnership Strengthens Eneco’s Battery Capacity for Renewable Energy Balancing, power system flexibility, renewable energy, Ruien, solar power, Storm, Tesla, transmission charges, wind power
(IN BRIEF) Seven multilateral development banks, including the European Investment Bank, have pledged coordinated support to help countries and businesses manage the economic fallout from the Middle East conflict. The institutions said they are preparing measures to address disruptions affecting … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing
Tagged agricultural inputs, budget support, development finance, economic governance, economic recovery, economic resilience, energy diversification, energy markets, European Investment Bank, fiscal support, food security, global economy, inflation, international development, liquidity support, MDB cooperation, Middle East conflict, Multilateral Development Banks, Multilateral development banks coordinate economic support measures in response to Middle East conflict disruptions, Paris, private sector financing, SMEs, Supply Chain Finance, trade disruption, trade routes, vulnerable households
(IN BRIEF) Neste reported a strong financial performance in the first quarter of 2026, with significant increases in EBITDA, revenue, and cash flow despite ongoing volatility in global energy markets driven by geopolitical tensions and supply disruptions. The company benefited … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, Marketing
Tagged capital expenditure, cash flow, EBITDA growth, energy markets, energy transition, financial performance, global oil prices, Heikki Malinen, Middle East conflict, Neste Corporation, Neste Delivers Robust Earnings Growth in First Quarter Despite Global Market Volatility, Neste Reports Strong Q1 2026 Financial Results Driven by High Energy Prices and Operational Improvements, oil products, Porvoo refinery, Q1 2026 results, refining margins, renewable fuels, Renewable Products, Rotterdam project, Strait of Hormuz
(IN BRIEF) ENGIE has been driving its energy transition strategy since 2021, with significant changes in its asset portfolio, organizational structure, and culture in line with its Net Zero Carbon commitment by 2045. The company is restructuring its Global Business … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged 2045, asset portfolio, B2B, B2C, Biljana Kaitovic, biomethane, Catherine MacGregor, CCGT, Cécile Prévieu, CEO, Claire Waysand, combined cycle gas turbine, Data Center strategy, decarbonization, e-molecules, Édouard Neviaski, energy markets, energy systems, energy transition strategy, ENGIE, European leadership, Executive Committee, flexible assets, Frank Lacroix, full-year results, GBU Local Energy Infrastructures, GBU Networks, GBU Renewables and Flex Power, GBU Supply & Energy Management, GROWTH, hydrogen, Jean-Sébastien Blanc, market update, Net Zero Carbon, Organizational Structure, Paulo Almirante, Pierre-François Riolacci, power grids, renewable energy, Sébastien Arbola, sustainability, sustainable energy, synergies, Thierry Saegeman
(IN BRIEF) E.ON, a leading energy company, has reported positive first-half results for 2023, attributed to a more stable energy market environment. Both of its segments, Energy Networks and Customer Solutions, showed strong operating performances. This has led E.ON to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Management, News
Tagged E.ON, earnings, energy markets, Financial, Leonhard Birnbaum, Marc Spieker, sustainability
2022 forecast at Group level for investments, adjusted EBITDA, and adjusted net income reaffirmed Economic net debt down significantly, declining by €1.3 billion to €37.4 billion Implementation of growth strategy on schedule; demand for sustainable customer solutions rising (PRESS RELEASE) … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Management, News
Tagged decarbonization, e energy infrastructure, E.ON, energy markets, energy sales, energy security, energy transition, financial results, forecast, heating solutions, Leonhard Birnbaum, Marc Spieker
Prévisions 2022 au niveau du Groupe pour les investissements, l’EBITDA ajusté et le résultat net ajusté réaffirmées Dette nette économique en forte baisse de 1,3 milliard d’euros à 37,4 milliards d’euros Mise en œuvre de la stratégie de croissance dans … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Management
Tagged decarbonization, e energy infrastructure, E.ON, energy markets, energy sales, energy security, energy transition, financial results, forecast, heating solutions, Leonhard Birnbaum, Marc Spieker
(PRESS RELEASE) STOCKHOLM, 8-Dec-2020 — /EuropaWire/ — Vattenfall announces its first representative ever to chair Europe’s main association for energy traders. In November, Marcus Bokerman, who oversees Vattenfall power trading activities in Continental Europe, has been appointed new Chairman of … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, European Union, Industrial, Infrastructure & Utilities, Management, Netherlands, News, Sweden
Tagged appointment, BA Markets, carbon neutral economy, decarbonization, EFET, electricity, energy markets, energy supply, energy transition, European Federation of Energy Traders, fossil-free living, Marcus Bokerman, renewable energy, renewables, sustainable, Vattenfall
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