Expectations of a 50bps hike were pretty much locked in – so no surprise there at all from The ECB’s decision today (to hike 50bps), but the timing of the start of quantitative tightening is […]
Europe’s energy transition ambitions face several challenges, but a major impediment to bringing new renewable power online is insufficient grid capacity, Rystad Energy claims. Rystad Energy’s current base case forecast has Europe adding as much […]
The U.S. power system is facing “unprecedented” and “widespread” reliability risks this winter, according to the nation’s grid reliability coordinator, the North American Electric Reliability Corporation. Why? Because the Biden-controlled Federal Energy Regulatory Commission (FERC) […]
LONDON, Dec 14 (Reuters) – HSBC (HSBA.L) will stop funding new oil and gas fields and expect more information from energy clients over their plans to cut carbon emissions, the banking giant said on Wednesday, as part […]
The European Union parliament has voted on amendments to REPowerEU which will see its accelerated permitting for renewable projects expanded to include standalone energy storage. The REPowerEU strategy was written up in response to Russia’s […]
EconomyBusiness and Economy The Bank of England (BoE) has hiked its interest rate by half a point to 3.5 percent, the highest level in 14 years, in a bid to cool sky-high inflation. Thursday’s increase […]
Pradipta Kumar Roy, DGM (IREDA), and S L Sharma, CEO (SGEL), signed the loan agreement in the presence of Pradip Kumar Das, CMD, IREDA, and Nand Lal Sharma, CMD, SJVN, at the corporate office of […]
FRANKFURT (Reuters) – Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine months ago. That’s the cumulative […]
Essay by Eric Worrall Obviously the illusion that renewables drive up prices is caused by greedy green energy developers, right? Climate change: State-owned wind farm ‘could cut bills’ By Sarah DickinsEconomics correspondent, BBC Wales […]
Essay by Eric Worrall Trade war anyone? The EU is trying to dictate carbon policy to the world once again. But this latest tax the world initiative is overshadowed by the EU’s humiliating 2012 […]
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