(IN BRIEF) The Port of Rotterdam, in partnership with grid operators TenneT and Stedin, has launched the New Energy Taskforce (NET) to address grid congestion challenges in the port and surrounding areas. Roger Knubben leads NET, bringing extensive experience in … Read the full press release
(IN BRIEF) Eurogrid, the parent company of 50Hertz, a transmission system operator, has secured 1.5 billion euros through its third and fourth Green Bond issuances. These funds will support grid expansion projects on land and at sea to enhance the … Read the full press release
Posted in Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Technology
Tagged 50Hertz, Banco Santander, energy transition, Eurogrid, green bond, Grid Expansion, Marco Nix, Mizuho Bank, Rabobank, renewable electricity, transmission system, UniCredit Bank
(IN BRIEF) Alfa Laval is part of a 16-member consortium called SCO2OP-TES, which aims to develop advanced Power-to-Heat energy storage technology. This initiative, aligned with the European Union’s renewable energy goals, seeks to provide cost-effective and grid-stable thermal energy storage … Read the full press release
Posted in Energy, Gas & Oil, Environment, European Union, Infrastructure & Utilities, Sweden, Technology
Tagged Alasdair Maciver, Alfa Laval, CINEA, energy transition, European Union, grid stability, Horizon Europe, industrial heat supply, Power-to-heat energy storage, renewable energy, renewable energy sources, REPowerEU Plan, SCO2OP-TES, sustainable energy, TES, Thermal Energy Storage
(IN BRIEF) Indosuez Wealth Management has presented its investment outlook for 2024 during its Global Outlook presentation. As 2023 concludes with decreasing inflation and monetary policy normalization, the year 2024 is expected to offer promising prospects for investors. Key insights … Read the full press release
(IN BRIEF) Iberdrola, a major energy company, has received recognition as the world’s leading private utility for investment in innovation and development, marking its second consecutive year of achievement in this regard. The European Commission’s report, ‘The 2023 Industrial R&D … Read the full press release
(IN BRIEF) Lightsource bp and the UK’s Renewable Energy Association (REA) convened a high-level roundtable discussion during COP28, focusing on the role of solar power in facilitating an energy transition that prioritizes both people and nature. With 117 nations aiming … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, United Kingdom
Tagged Adam Pegg, Alyssa Edwards, Chris Skidmore MP, COP28, Dr Veronica Bermudez Benito, energy transition, Francis Mann, Kristen Panerali, Lightsource BP, Mate Heisz, Michelle Lezama, Nature-Friendly, partnership, Renewable Energy Association (REA), solar power, sustainability, Thanos Zarogiannis
(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release
(IN BRIEF) Schneider Electric, a leader in energy management and automation, is participating in the COP28 United Nations Climate Change Conference in Dubai. The company’s CEO and Chairman will attend the conference to advocate for an accelerated and equitable transition … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Management, Science, Technology
Tagged automation, climate conference, COP28, digital transformation, Energy management, energy transition, Jean-Pascal Tricoire, net zero, Peter Herweck, Schneider Electric, United Nations Climate Change Conference, Women Action Sustainability
(IN BRIEF) Lightsource bp is facilitating a European multi-buyer corporate power purchase agreement (PPA) for a solar asset portfolio set to be built in Spain in 2024. The global solar developer, with over 35GW of solar projects in development worldwide, … Read the full press release
(IN BRIEF) Malta Inc., a leader in long-duration energy storage (LDES), has announced a grant awarded to its German subsidiary for a €9-million project aimed at expediting Germany’s energy transition efforts. The project, supported by the German Federal Ministry for … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged Alasdair Maciver, Alfa Laval, decarbonization, Deutsches Zentrum für Luft- und Raumfahrt (DLR), energy transition, Malta Inc., partnership, Prof. Dr. André Thess, Ramya Swaminathan, Siemens Energy Germany, Sigmund Brielmaier, sustainability
(IN BRIEF) TotalEnergies has released its annual “TotalEnergies Energy Outlook 2023” in preparation for COP28, outlining scenarios for the evolution of global energy demand and the transition to a sustainable energy system by 2050. The report reveals that while the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged energy transition, Financial, Helle Kristoffersen, investment, sustainability, TotalEnergies
(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged EnBW, energy transition, Financial, investment, Thomas Kusterer
(IN BRIEF) E.ON, in collaboration with Klara Geywitz, Federal Minister for Housing, Urban Development, and Building, has introduced a comprehensive digital heat map for all of Germany. This interactive tool provides insights into the current status of heat supply in … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged DigiKoo GmbH, Digital Heat Map, E.ON, energy transition, Federal Minister for Housing, Germany, Heating Sector, Klara Geywitz, Leonhard Birnbaum, partnership, sustainability, Urban Development and Building
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Greece, Luxembourg, Technology
Tagged EIB, electricity smart meters, energy distribution, energy transition, Greece, HEDNO, Hellenic Electricity Distribution Network Operator, Mr Anastasios Manos, renewable energy, The European Investment Bank, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) reaffirms its commitment to supporting sustainable development in the Western Balkans. During the Berlin Process Leaders’ Summit in Tirana, EIB Vice-President Czerwińska emphasized the bank’s dedication to enhancing connectivity, promoting green and digital … Read the full press release
Posted in Albania, Banks, Business, Education, Energy, Gas & Oil, European Union, Financial, Healthcare, Investment, Luxembourg
Tagged Berlin Process Leaders’ Summit, connectivity, digital transition, EIB, EIB Global, energy transition, Just Transition, Teresa Czerwińska, Tirana, WBIF, Western Balkans, Western Balkans Investment Framework
(IN BRIEF) Despite record-high sales of electric vehicles, increased solar and battery installations, and the rapid expansion of renewables, fossil fuels are still growing in absolute terms and meeting half of the world’s new energy demand, according to DNV’s Energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Technology
Tagged CO2 emissions, DNV, energy transition, fossil fuels, Remi Eriksen, sustainability
(IN BRIEF) Eni, the global energy company, has made a significant gas discovery through the Geng North-1 exploration well off the coast of East Kalimantan in Indonesia. Preliminary estimates suggest a gas volume of 5 trillion cubic feet (Tcf) with … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged East Kalimantan in Indonesia, energy transition, Eni, exploration, gas, gas discovery, Geng North-1 exploration, LNG, North Ganal PSC
(IN BRIEF) CTP, Europe’s major industrial property developer, secures €200 million in financing from the European Investment Bank (EIB) to fund extensive solar panel installations across its European business parks. The funding aligns with the EIB’s REPowerEU initiative to reduce … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg
Tagged CTP, developer, EIB, energy transition, European business park, European Investment Bank, Lilyana Pavlova, loan, logistics properties, Peter Ceresnik, Richard Wilkinson, solar panel installations, solar photovoltaic programme
(IN BRIEF) Over 200 European industry leaders convened at the ENTSO-E High-Level Forum on Future of Our Grids in Brussels to discuss the challenges and opportunities for accelerating the development of electricity grids necessary for Europe’s energy transition. The forum, … Read the full press release
(IN BRIEF) Eni Sustainable Mobility introduces the Enilive brand, marking a significant leap in eco-conscious transportation. Enilive focuses on bio-refining, biomethane production, and smart mobility solutions like the Enjoy car sharing service. With over 5,000 Enilive Stations in Europe, the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Italy, Marketing, Media
Tagged bio-LPG, bio-refining, biogenic fuels, biomethane, biomethane production, bitumen, decarbonisation process, electricity, energy transition, Eni, Eni Sustainable Mobility, Enilive, fuels, HVO, hydrogen, hydrogenated vegetable oil, lubricants, smart mobility solutions
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