Europe & UK

BP Plans Green Hydrogen Base in U.K. as Energy Transition Speeds Up

Europe & UK

BP ventures back into oil frontiers to boost output – EQ Mag

May 11, 2023 Anand Gupta

LONDON : BP (BP.L) is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies try to balance pressure to slash climate-warming […]

Europe & UK

Europe to Take Off in Energy Storage and Potentially Arrive at 95GW in Installed Capacity by 2050 – EQ Mag

May 11, 2023 Anand Gupta

British research institution Aurora Energy Research pointed out that Europe will be increasing its quantity of 10MW grid-grade energy storage systems each year, and could arrive at an accumulated capacity of 42GW by 2030, before potentially reaching 95GW by 2050. This also means that the period between 2023 and 2050 will see more than EU€70 […]

Europe & UK

Italian Council Of Ministers Approve 594 MW Solar PV Capacity To Come Up On Agricultural Land – EQ Mag

May 10, 2023 Anand Gupta

Italy’s Council of Ministers have cleared EIA for 13 agrivoltaic projects in the country These will be spread across various municipalities in the Apulia and Basilicata regions Altogether, these represent 594 MW PV capacity including a 48.635 MW and a 48.278 MW projects in the Municipalities of Foggia and Stornara, respectively The Italian cabinet has […]

Essar’s Vertex Hydrogen chosen by UK govt to build hydrogen economy

Europe & UK

Germany, Austria, Italy urge EU to back hydrogen projects – EQ Mag

May 10, 2023 Anand Gupta

BRUSSELS : Austria, Germany and Italy have pressed the European Union to support a cluster of infrastructure projects to transport green hydrogen imported from North Africa, as part of efforts to build a market in Europe for the low-carbon fuel. Europe is attempting to scale up its production and imports of renewable hydrogen – a […]

Brazil – TotalEnergies Partners With Casa dos Ventos to Jointly Develop a 12 GW Renewable Energy Portfolio

Europe & UK

Can joint gas buying boost Europe’s energy security? – EQ Mag

April 28, 2023 Anand Gupta

Brussels/London : The European Union opened a scheme this week for companies to jointly buy gas, aiming to secure supplies ahead of winter and avoid a repeat of last year’s record-high energy prices. Russia, Europe’s former top gas supplier, slashed fuel deliveries to EU countries last year following its invasion of Ukraine, plunging the continent […]

1 unit of Parli thermal power generation plant shut due to coal shortage

Europe & UK

EU adopts 2030 climate targets on carbon emissions – EQ Mag

April 27, 2023 Anand Gupta

5 new laws aim to reduce bloc’s greenhouse gas emissions by at least 55% by 2030 EU member states approved on Tuesday five new laws that “will enable the EU to cut greenhouse gas emissions within the main sectors of the economy,” including maritime transport and aviation industry, the Council of the EU announced. The […]

Monthly meeting in virtual mode with original equipment manufacturers of wind turbine generators availing concessional customs duty benefits

Europe & UK

Norwegian regulator proposes 20 new areas for offshore wind farms – EQ Mag

April 27, 2023 Anand Gupta

Norway is a major producer of oil and gas as well as hydropower, but is planning to commission up to 30 GW of offshore wind permits by 2040 OSLO : Norwegian energy regulator NVE on Tuesday recommended 20 areas suitable for deploying offshore wind farms that will help meet a 2040 target for 30 gigawatts […]

Europe & UK

9 European nations set to turn North Sea into green power plant – EQ Mag

April 26, 2023 Anand Gupta

Brussels : Nine European countries have signed a declaration aimed at transforming the North Sea into a green power plant. The declaration, signed on Monday at the second North Sea Summit in Ostend, Belgium, sets ambitious targets including the production of at least 120 gigawatts (GW) of offshore wind energy in the North Sea by […]

Southeast Asia’s Largest Energy Storage System Officially Opens

Europe & UK

Conrad Energy Has Put Its Energy Storage Project in England into Commission – EQ Mag

April 19, 2023 Anand Gupta

Conrad Energy, a developer of renewable energy projects in the UK, has announced that its 25MW/50MWh battery energy storage project in Blackburn has entered operation. The project is connected to the 33kV grid of the Electricity North West. It has also completed both the pre-commissioning calibration and the functional testing that follows grid connection. Steve […]

Tender for 50 MW (AC) Solar PV Project with Land having 10 years plant O&M at Tamilnadu, India

Europe & UK

The Renewable Energy Financing Mechanism sees first tender established – EQ Mag

April 15, 2023 Anand Gupta

The first-ever cross-border tender to support renewable energy in the EU has been adopted by the Commission today. The tender is organised in the framework of the renewable energy financing mechanism (RENEWFM) and builds on the commitments by Luxembourg and Finland to cooperate under this new instrument. Luxembourg is contributing with a voluntary payment of […]