renewable-energy
Top StoriesUK Launches Review of British Electricity Market
TechnologyNext-Gen Hpc Delivers Sustainability, Efficiency, and Lower Tco
Top StoriesSpain’s Opdenergy Plans Market Debut on July 22
Top StoriesSpanish Gas Grid Operator Enagas Aims to Invest $4.7 Billion by 2030
Spain’s Opdenergy Sets Price Range for Market Debut
Date: July 11, 2022
MADRID (Reuters) – Spanish renewable energy company Opdenergy on Monday set the price range for its planned initial public offering (IPO) between 4.75 euros and 5.40 euros ($4.80-$5.46) per share, valuing the business at up to 572 million euros. The Madrid-based company, which operates solar parks in Europe and Latin America, plans to raise up...
Shell Invests $38 Million in Carbon Credit Projects in Brazil
Date: July 11, 2022
By Rafaella Barros SAO PAULO (Reuters) – Shell said on Monday it has invested 200 million reais ($38.07 million) into a Brazilian preservation-focused company. Carbon credit developer Carbonext runs preservation projects across more than 2 million hectares (4.9 million acres) of the Amazon Forest that are owned by companies seeking to capitalize on the carbon...
UK Regulator Proposes Reforms to Cut Reliance on Gas Imports
Date: July 8, 2022
LONDON (Reuters) -British energy regulator Ofgem is proposing reforms to wholesale electricity markets to reduce Britain’s reliance on gas imports and accelerate the transition to low-carbon energy supply, it said on Friday. Last year, the government set out plans to increase offshore wind capacity to 50 gigawatts (GW) by 2030 and increase solar power. However,...
Britain Delays Planning Decision on EDF’s Sizewell C Nuclear Project
Date: July 8, 2022
By Susanna Twidale LONDON (Reuters) – Britain has delayed a decision on whether to grant EDF development consent to build the Sizewell C nuclear plant in Suffolk, England to give the minister responsible more time to consider the proposal, the government said. The delay comes amid a tumultuous week in British politics, with several ministers...
France Launches Hunt for New Edf Ceo, Sets Money Aside for Full Nationalisation
Date: July 7, 2022
By Jean-Stéphane Brosse and Leigh Thomas PARIS (Reuters) -EDF and the French government are seeking a new boss to overhaul the power utility and build more nuclear reactors, they said on Thursday, with billions in public money earmarked to help finance a full nationalisation of the debt-laden company. EDF, in which the state already has...
Explainer-Why a French Plan to Take Full Control of Edf Is No Cure-All
Date: July 7, 2022
By Silvia Aloisi and Forrest Crellin PARIS (Reuters) – The French state has said it will fully nationalise EDF, the debt-laden utility that runs the nation’s nuclear power plants and which the government has so far struggled to restructure. It has not said whether it will buy out minority shareholders on the market or take...