renewable-energy
Top StoriesSunny Spain’s Green Energy Plan Leaves Needy Feeling Cold
Top StoriesMacron’s Election Setback Complicates Plans to Revamp Edf
Top StoriesEurope May Shift Back to Coal as Russia Turns Down Gas Flows
Top StoriesItaly’s De Nora Bets on Cornerstone Investors to Defy IPO Drought
Heatwave Puts Europe’s Energy Systems to the Test
Date: June 17, 2022
By Isla Binnie and Kate Abnett MADRID/BRUSSELS (Reuters) – A heatwave in parts of Europe has piled pressure on energy systems as demand for air-conditioning risks driving prices higher and adding to the challenge of building up stocks to protect against any further cuts to Russian gas supplies. Sweltering temperatures have arrived earlier than usual...
Edf Hopeful End in Sight for Long-Delayed, Budget-Busting Nuclear Plant
Date: June 16, 2022
By Benjamin Mallet FLAMANVILLE, France (Reuters) – At a sprawling nuclear site in north western France, a banner next to a crane and a still-under-construction water reservoir confidently states: “Final stretch to get Flamanville 3 started safely and securely.” A decade behind schedule and billions over budget, France’s nuclear-friendly government, its taxpayers, and power giant...
Exclusive-BP Beefs up Hydrogen Team in Bet on Fuel’s Future
Date: June 15, 2022
By Ron Bousso LONDON (Reuters) – BP is beefing up its hydrogen management team as the energy company prepares to accelerate investments in the low-carbon fuel which it believes will play a key role in the world’s shift away from fossil fuels. The revamp of the hydrogen team is the first clear sign of changes...
Energy Execs Say Industry Must Push Harder on Near-Term Transition Projects
Date: June 15, 2022
By Stephanie Kelly and Scott DiSavino NEW YORK (Reuters) -Energy company officials at an industry conference on Wednesday urged shorter-term solutions such as efficiency and conservation as the world transitions to more renewable energy, saying companies must scramble to meet climate targets set for 2030. Global energy supplies have tightened and fuel costs have skyrocketed...
Global Equity Funds Decline Over 20% This Year
Date: June 15, 2022
(Reuters) – Global equity funds have shed over 7% this month due to a slump in stock prices as higher inflation levels fuel worries about more aggressive policy tightening by major central banks. Global bond funds have declined 3.5% on average, while money market funds fell 1.4%, data from Refinitiv Lipper showed. With the sharp...
Bp Buys Into Australian Wind, Solar, Hydrogen Mega-Project
Date: June 15, 2022
By Sonali Paul and Ron Bousso MELBOURNE (Reuters) -BP plc has agreed to buy a 40.5% stake and become operator of an Australian renewable energy project that could become one of the world’s biggest producers of green hydrogen, the global oil major said, without disclosing how much it paid. The Asian Renewable Energy Hub (AREH)...