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The Latest Breaking News on Renewable energy

France's TotalEnergies pulls out of Russian gas producer

French energy giant TotalEnergies says it will walk away from its stake in Russian natural gas producer Novatek and take a $3.7 billion loss

The Independent UK

France, Spain, Portugal to build hydrogen pipeline by 2030

Spain, France and Portugal have agreed to build a major undersea pipeline to transport hydrogen from the Iberian Peninsula to France and Europe by 2030

The Independent UK

How to Find the Best Energy Stocks

Energy stocks can expose investors to volatile oil and gas prices. Here's how to find the best energy stocks to buy now.

Kiplinger

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Hull hydrogen pioneer HiiRoc wins global KPMG tech innovation accolade

Modular hydrogen production with huge scale-up potential takes prestigious honour as team look to capitalise on attention

Birmingham Post

Illinois hasn’t delivered jobs, job-training promised under clean energy law

Fifteen months after Gov. J.B. Pritzker signed the Climate and Equitable Jobs Act, the state hasn’t begun its promised workforce development programs aimed at helping minority contractors and workers.

Chicago Sun-Times

What is the energy price relief plan and will it actually reduce power bills?

Treasury modelling suggests average household will be $230 better off after national cabinet backed $1.5bn intervention

The Guardian - AU

Scottish hydrogen HGV firm shifts into gear

Recent funding has led to a recruitment drive ahead of launches in the next few years

Insider UK

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Claim over Scotland’s potential wind power 'was always inflated'

The claim that Scotland has 25% of Europe’s potential offshore wind resources has been repeatedly used

Insider UK

$1.5bn energy price relief package for Australians including caps on coal and gas

Treasury advised the PM and premiers not to deliver the rebates as cash handouts due to risk of fuelling inflationary pressure

The Guardian - AU

Energy consumption forecast to rise 3.2% next year

Energy consumption is forecast to increase by 3.2% next year on projected economic growth and other data, the Energy Policy and Planning Office said on Friday.

Bangkok Post

Aramco, Shandong Energy Collaborate on Downstream Projects in China

Saudi Aramco and Shandong Energy Group are exploring collaboration on integrated refining and petrochemical opportunities in China, the Saudi Arabian Oil Company said in a statement on Friday. The companies have signed a Memorandum of Understanding (MoU) which includes a potential crude oil supply agreement and chemicals products offtake agreement,…

Asharq Al-Awsat

Germany at a crossroads: what a nuclear power station tells us about its energy dilemma

Neckarwestheim’s nuclear power station was granted a stay of execution amid Russian gas shortage. Some want it to stay while others can’t wait for it to go

The Guardian - UK

$125 a tonne domestic coal cap confirmed as Albanese unveils power plan

Labor says coal and gas caps will ease bills

Newcastle Herald

Afternoon Update: national cabinet agrees to cap gas, coal prices; Covid cases rising; and South Koreans getting younger

Gas and coal prices will be capped, and relief is coming on energy bills, as parliament is recalled

The Guardian - AU

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ABC News

Coal and gas prices to be capped as national cabinet strikes deal

The government expects its energy market intervention will spare the average household from $230 in otherwise expected price hikes next year, as national cabinet agrees to impose price caps on gas and coal.

ABC News

National cabinet updates: Bill relief among federal government measures to tackle energy price hikes — as it happened

Wholesale gas and thermal coal prices will be capped and households offered bill support, under a national cabinet deal to counter surging electricity prices

Newcastle Herald

NSW declares gas pipeline project 'essential to NSW'

Dominic Perrottet says the pipeline will be the 'backbone' of the state's gas needs.

ABC News

Green hydrogen exports from WA seen as possible power source for Europe

The WA government will take part in an international study to determine how to fast-track hydrogen exports from Oakajee, north of Geraldton, to the Netherlands and Germany.

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Newcastle Herald

Coal cap looks wrong, but realistic examination of power grid is long overdue

Blaming coal for the electricity grid's conversion crisis

Newcastle Herald

Wide support for National Transition Authority

Energy companies and unions have expressed broad support for a Greens' proposal to establish a national transition authority to manage the energy transition.

The Guardian - UK

Rishi Sunak’s U-turn on windfarms reflects the Tories’ failure to protect rural England

As the Conservatives squabble over planning and housing targets, England’s countryside is being destroyed, says Guardian columnist Simon Jenkins

ABC News

Anthony Albanese urges national cabinet to endorse unprecedented intervention to cap coal and gas prices

As the year's end draws near, the prime minister convenes national cabinet, asking it to impose a price cap on coal and gas, fearing worse price spikes in 2023.

The Conversation

How do floating wind turbines work? 5 companies just won the first US leases for building them off California's coast

Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it also has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible.

Newcastle Herald

Report criticises coal price cap and says gas the real driver of power prices

"A price cap on coal is a short term political fix, not the solution it is being portrayed as, and it may actually make things worse.

The Conversation

Cumbria coal mine: empty promises of carbon capture tech have excused digging up more fossil fuel for decades

The idea that a technology called carbon capture and storage (CCS) could catch molecules of CO₂ as they emerge from the chimneys of power stations and factories has been around for more than two decades. Michael Gove, the secretary of state responsible for “levelling up” the UK’s regions, recently justified…

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