Europe

Canada Commits CA$3B to Complete Romania’s CANDU Nuclear Construction. Canada will loan CA$3 billion in available export financing to Nuclearelectrica S.A. (SNN), Romania’s state-owned operator of the

Over a year after the start of Russia’s attack on Ukraine, Germany is at the heart and center of current debate when it comes to energy dependence. Like most European countries, Germany did not have adequate time to wean off Russia’s rich and steady inflow of natural gas. But the impact of Russia’s abrupt supply […]

Environmental experts consider decarbonization to be among the most important keys to minimizing the effects of climate change. While the transition to a low-carbon economy may present challenges, it also offers opportunities for innovation, the creation of new jobs, and sustainable economic growth. Accordingly, the U.S., like Europe and other parts of the world, has […]

European countries have moved quickly to adopt new energy sources after Russia’s invasion of Ukraine in February 2022. Governments have reduced imports of Russian-produced energy, with demand for natural gas

The recent shake-up in natural gas markets and their ensuing impact on energy security, and geopolitical tension, dramatically altered the trajectory of global coal-fired generation, sending it soaring to

The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power generation project portfolios. Among the latest is

An independent power producer (IPP) formed earlier this year and backed by a leading global renewable energy investment firm announced it will build what is expected to be the largest solar photovoltaic power plant in Europe. Rezolv Energy on Nov. 4 said it had acquired the rights to build and operate a 1,044-MW solar PV […]

With winter fast approaching, and the dreaded effects of extreme natural gas price levels and volatility looming, together with unprecedented uncertainty of fuel supply, governments in Germany and France have

The European Investment Bank Group (EIB Group) said it will support an initial investment of €30 billion ($30.2 billion) in loans and equity financing to move the European Union (EU) away from fossil fuels and toward cleaner forms of energy over the next five years. The EIB board of directors on Oct. 26 said a […]

Energy giants Chevron and Uniper are pairing with chemical technology companies Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast that could support industrial decarbonization and mobility applications in the region and expand clean ammonia exports. The companies, in a joint statement on Oct. 19, said they […]