renewable-energy
Top StoriesHeat Pumps, Renovations Could Slash Europe’s Russian Gas Use – Report
Top StoriesAnalysis-Rising Power Bills Complicate Australia’s Election Climate War
Top StoriesJapan to Use Nuclear to Cut Dependence on Russian Energy -PM Kishida
Top StoriesFrance’s Engie Wants Clear EU Guidelines on Russian Gas Payments
Edf Hopes to Seal Epr Nuclear Reactor Deal in India in Coming Months
Date: May 5, 2022
PARIS (Reuters) -French power group EDF hopes to seal a deal to equip six next-generation EPR nuclear reactors in India “in the coming months”, a group spokesperson said on Thursday. The company confirmed a report by BFM television which emerged after French President Emmanuel Macron met with Indian Prime Minister Narendra Modi on Wednesday to...
Italy’s Draghi Thanks Japan for Redirecting Gas Cargoes to Europe
Date: May 4, 2022
ROME (Reuters) – Italian Prime Minister Mario Draghi thanked Japan on Wednesday for swiftly agreeing to redirect liquefied natural gas (LNG) cargoes destined for third countries to Europe. Europe, which sources about 40% of its gas imports from Russia, has been scrambling to diversify its energy supply mix as the conflict in Ukraine escalates. The...
Germany’s Amprion Says There Is Resolve to Speed Power Grid Expansion
Date: May 4, 2022
FRANKFURT (Reuters) – German power grid firm Amprion on Wednesday set out completion times for planned network expansion projects, saying resolve to cut planning and construction times will ensure the timely transport of more renewable electricity to consumers. Amprion, 25%-owned by utility RWE and one of four high-voltage power grids, said milestone projects to bring...
Rocky Ride Ahead for Norway’s $1.2 Trillion Wealth Fund
Date: May 3, 2022
By Gwladys Fouche OSLO (Reuters) – Norway’s $1.2 trillion sovereign wealth fund is prepared for a rocky ride as it confronts the biggest geopolitical changes in three decades, its chief executive said on Tuesday. “We probably face the greatest changes for 30 years,” Nicolai Tangen told a Norwegian parliamentary hearing, adding the world’s largest sovereign...
Uniper Sells 2023, 2024 German and Nordic Power Output
Date: May 3, 2022
FRANKFURT (Reuters) – German utility Uniper has sold large volumes of its future German hydropower output at below-market prices, slides for an analyst call showed on Tuesday. It sold 95% of its German hydropower output for 2023 at an average price of 50 euros ($52.52) per megawatt hour (MWh) and 85% of the output for...
Vestas Warns Ukraine War Adds to Strain on Wind Industry, Shares Plummet
Date: May 2, 2022
COPENHAGEN (Reuters) -Wind turbine maker Vestas posted a deep first-quarter loss and slashed its 2022 margin forecast due to the war in Ukraine and writedowns in its offshore business, reflecting an industry wide struggle to turn a profit despite record demand. Focus on renewables has intensified as the West steps up efforts to wean itself...