Energy transition
EBRD to support Ukraine gas reforms
The European Bank for Reconstruction and Development (EBRD) is to provide a sovereign-guaranteed loan to Ukraine's state-owned energy firm Naftogaz. The loan will aid a government plan to reform Ukraine's struggling energy market and secure the transit…
E.ON Energy Trading joins CEGH
EON Energy Trading has joined the Central European Gas Hub (CEGH) at Baumgarten. The move is part the company's plans to expand its gas trading activities in Central and Eastern Europe in an effort to improve market access and develop a more integrated,…
Government initiates $3bn renewables programme
The US Treasury and Department of Energy today announced today a $3 billion funding programme for the development of renewable energy projects, as well as publishing application guidance for obtaining funds.
Pickens Plan hit by transmission issues
Oil tycoon T. Boone Pickens has confirmed reports that he is to shelve plans to build the world's largest wind farm in Texas and will funnel the resources into smaller projects instead.
The next 15 years
Rachel Morison talks to energy experts about their long-term outlook for the future
National Grid secures £360 million loan for UK gas distribution upgrade
The European Investment Bank (EIB) has signed a loan of £360 million ($590 million) to National Grid to support the company's investment programme for the upgrade and extension of its four gas distribution networks in the UK.
EU issues national template to meet renewables targets
The European Commission has issued a template for National Renewable Energy Action Plans (NREAPS) requiring Member States to detail their strategies for reaching 2020 renewable energy targets.
BG Group buys into US shale
US oil and natural gas company Exco has signed an agreement with UK-based BG Group to jointly develop its Haynesville shale gas assets.
DOE awards $408m to CCS projects
US Department of Energy Secretary Steven Chu announced today that two carbon capture and storage (CCS) projects will receive $408 million in funding from the American Recovery and Reinvestment Act.
Bache Commodities launches new green commodities index
Bache Commodities, the global commodities and financial derivatives business of Prudential Financial, has launched a green commodities index.
Next generation solar power could replace fossil fuels says WRI
Concentrating solar thermal (CST) power has the potential to provide power on the margin of the demand curve, as well as replacing coal at the core of the power mix in the US, according to a report by the World Resources Institute (WRI.)
EEEM sees rising returns thanks to climate change investment
Energy efficiency and energy management (EEEM) received over $184billion of climate change stimulus funds and saw the strongest returns, rising 16% year to date, of the four climate sectors outlined in the latest quarterly review of the HSBC Climate…
DOE moves forward on CCS
The US Department of Energy has announced plans to advance the construction of the first commercial scale, fully integrated US carbon capture and sequestration (CCS) project.
Constellation appeals nuclear joint venture finding
Constellation Energy has announced plans to appeal the Maryland Public Service Commission's (PSC) decision to require a pre-approval process for its pending nuclear joint venture with EDF Group.
Renewables see more investment than fossil fuels in 2008
Renewable energy attracted $155 billion of investment compared with $110billion for fossil fuels in 2008, according to a report by the United Nations Environment Programme (UNEP) released this week.
Wind energy: oversize methodology
Operating wind farms to optimal efficiency is difficult to achieve. Andrés Cortés, Eduardo Martín and Enrique Doheijo of Deloitte discuss their method for improving the use of wind and its integration in power grids
Daniel Yergin
Dr Daniel Yergin, Pulitzer Prize-winning author of The Prize and chairman of Cambridge Energy Research Associates (CERA), discusses changes in the energy markets over the past 15 years with Pauline McCallion
Forcing the issue
Given the success of portfolio standards in the US in promoting the renewables sector, the coal and nuclear industries are calling for portfolio standards of their own. Elisa Wood reports
Exelon presses on with NRG acquisition
The Federal Energy Regulatory Comission (FERC) has approved Exelon Corporation's application for its proposed acquisition of NRG Energy.
House energy committee passes cap-and-trade bill
The Energy and Commerce Committee of the House of Representatives approved The American Clean Energy and Security Act by a vote of 33 to 25 yesterday.
DOE announces $2.4bn in CCS funding
US Energy Secretary Steven Chu has awarded $2.4 billion from the American Recovery and Reinvestment Act to the development of carbon capture and storage (CCS) technology.