renewable-energy
Top StoriesWind Turbine Maker Vestas Says Price Power Improving, Shares Jump
Top StoriesSiemens Energy Blames Russia Restructuring for Wider 2022 Loss
Top StoriesSwitzerland’s New Energy Asset: Hydro Plant With Capacity to Charge 400,000 Car Batteries
Top StoriesWind Turbine Maker Siemens Gamesa Makes Deeper Cuts to Profit View
EU Approves 3-billion-euro German Green Heating Scheme
Date: August 2, 2022
By Kate Abnett BRUSSELS (Reuters) -The European Commission said on Tuesday it had approved the German government’s 3-billion-euro scheme to support renewable energy and waste heat-based district heating programmes, which it said would help Germany and the EU achieve their climate change targets. The 2.98-billion-euro scheme would promote green energy by offering government grants until...
Utility Engie Prepared for Less Russian Gas as Profits Surge
Date: July 29, 2022
By Benjamin Mallet PARIS (Reuters) -French utility Engie said on Friday it was well prepared for a reduction in deliveries of Russian gas, as its first-half profits surged on the back of higher energy prices. Engie added it was working with the Belgian government on possibly extending operations at two nuclear units. Russia’s invasion of...
Britain’s Drax Half-Year Profit Jumps on High Prices and Demand
Date: July 26, 2022
By Susanna Twidale LONDON (Reuters) -Drax Group reported a rise in half-year profit on Tuesday, as the British power generator benefited from high electricity prices and strong demand for renewable power amid surging gas prices across Europe. British electricity prices have soared over the past year, pushed higher by record high gas prices following Russia’s...
Britain’s Sse Says First-Quarter Trading Beats Expectations
Date: July 21, 2022
(Reuters) – British power company SSE Plc said on Thursday first-quarter performance slightly exceeded its expectations, supported by strong production at its thermal and renewable energy plants amid surging energy prices. British and European gas prices have jumped over the past year, peaking at record levels after Russia’s invasion of Ukraine and concerns that Russian...
Biden Stops Short of Declaring Climate Emergency, Takes Steps on Wind Power
Date: July 20, 2022
By Jeff Mason and Timothy Gardner SOMERSET, Mass./WASHINGTON (Reuters) -U.S. President Joe Biden said on Wednesday that climate change is an emergency but stopped short of a formal declaration, announcing a modest package of executive actions and promising more aggressive efforts. Biden made the comments during a visit to Massachusetts and as a historic heat...
UK Gives Go-Ahead for EDF’s Sizewell C Nuclear Plant Construction
Date: July 20, 2022
LONDON (Reuters) -Britain gave consent for the planned Sizewell C nuclear plant to be built in southeast England, the government’s business department said on Wednesday, giving a boost to a project that is expected to help the country achieve its net-zero goals. The plant, which would be capable of producing 3.2 gigawatts of electricity or...