The companies based in the G7 are still doing far too little to achieve the Paris Agreement climate targets. If it was only up to the companies' emissions targets, mankind would currently be heading for a global warming of 2.7°C. Individual regions are doing even worse.

In all the discussions about energy cost explosions, replacement of Russian gas, concern about Ukraine's Zaporizhzhya nuclear power plant and the dispute over the continued operation of old nuclear power plants, one fact almost gets lost: The world is not doing enough to protect the climate. Although the Paris Agreement has set a path of 1.5 degrees Celsius for maximum tolerable global warming since 2015, the measures taken are far from sufficient to achieve this goal.

This has now ...

A study from Offshore Energies UK (OEUK) has found that nearly half the offshore wind projects needed to reach the government’s 2030 target are only at concept stage, meaning the UK is at risk of missing the target unless installations accelerate....

Indonesia has a viable path to reaching its target of net zero emissions by 2060, the IEA says. But key policy reforms and international support will be crucial to the process.

Indonesia has a viable path to reaching its ...

The project has provided Natural Power with a robust methodology for using statistical, data driven, short-term forecasts, in conjunction with numerical weather prediction-based estimates, to create an optimum forecast for short and long-term power...

A new study by the UC San Diego School of Global Policy and Strategy finds that the countries with the boldest climate pledges are also the most likely to achieve their goals.

Much of the world’s efforts to mitigate the ...

Jan De Nul completed the installation of 47 jacket foundations and 188 pin piles. Export and inter array cables were also installed.

Jan De Nul Group successfully completed the installation of the 47 jacket foundations and 188 pin piles, the 4 export and 47 inter array cables on the Formosa 2 Offshore Wind Farm in Taiwan. Some of the pieces weigh over 270 tonnes and have a length up to 79 metres. With a height of up to 91 metres and a weight of over 1,600 tonnes, the jacket foundations are amongst the largest and heaviest ...

Spain's Iberdrola has set its sights on Australia, committing to major investments of EUR2 billion to EUR3 billion to drive the energy transition and reach 4,000 MW in the coming years.

Following the change of government, there is a spirit of optimism in Australia. The new government under Prime Minister Anthony Albanese is putting the country on track for the energy transition. This is attracting foreign investors. Iberdrola, for example, has now announced its intention to invest another 2-3 billion euros Down Under. So far, the ...

GE will supply 19 of its 4.2-117 onshore wind turbines for a total installed capacity of 79.8 MW to the Fukaura Wind Farm.

GE Renewable Energy announced today that it has been selected by Green ...

Today, Tuesday, Statkraft has issued its first green EUR 500 million senior unsecured bond under its EMTN (Euro Medium Term Note) programme. The bond matures in September 2029 and pays a fixed coupon of 2.875 %. The issue was oversubscribed...

Schaeffler signed a PPA with Statkraft to power its German production sites with solar electricity.

Starting in 2023, Statkraft will supply the globally operating automotive and industrial supplier Schaeffler ...

As electrical transmission grid operators face increasing demand and complexity with an influx of renewable energy sources, GE’s patented STATCOM technology offers an efficient, dynamic solution.

GE Renewable ...

Statkraft sends their team of experts from all across Europe to talk energy with corporate buyers at the Re-Source 2022 in Amsterdam in October.

Are you an energy buyer looking to secure your energy supply or aiming ...

GE Power Conversion are proud to be partnering with Tersan Shipyard in Turkey to deliver the power and propulsion, dynamic positioning, and vessel control systems for two innovative Construction...

The Board of Shell plc (“Shell”) today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2022 interim dividend, which was announced on July 28, 2022 at US$0.25 per ordinary...

Cross-border cooperation will also be of utmost importance.

The Baltic Sea has enormous potential for offshore wind. Today it has just 2.8 GW of installed capacity. The 8 countries have now committed to increase that to 19.6 GW ...

President Joe Biden has announced new senior advisors for clean energy and climate change while Gina McCarthy left the government.

“We are grateful for the leadership Gina ...

Governments need to help citizens and businesses deal with very high energy prices, but long-term reforms to the electricity market design should be taken forward in full consultation with ...

China leads the way in installing new offshore wind capacity.

World Forum Offshore Wind (WFO) published its Global Offshore Wind Report HY1 2022 today. Globally, 6,759 MW of offshore wind capacity went into operation ...

Floating offshore substations, installed in deep water, offer several advantages such as a lighter substructure, an easier and asset-light installation in challenging conditions as well as lower ...

The proposals would allow wind and other renewable projects supported by the Renewables Obligation to opt for new long-term, fixed price contracts.

The proposals would allow wind and other ...

The Pomerania Wind Power Projects have been finished, developer European Energy said. The wind farms have a total capacity of 44.7 MW.

"European Energy has more than 500 MW of its own wind and solar power assets across the ...

The joint statement from the world’s major renewable sectors outlines the need for urgent action to facilitate a rapid shift of investment into renewable energy.

As the G20 meets in Bali this week for the Energy ...

The new and expanded ocean space surveillance system incorporates subsea infrastructure monitoring, marine planning through weather forecasts and real time monitoring and 3D ...

This sale includes a pipeline of onshore wind projects with a total capacity of 3.8 GW in various stages of development in France, Greece, Italy and Spain, with the possibility to develop up to 1.4 GW of co-located photovoltaic projects....

Developer Ørsted has announced that Hornsea 2, for now the largest offshore wind farm of the world, entered full operation mode yesterday.

The wind farm is situated ...