UK: Cornwall Insight warns energy bills could soar to £2,000 per year
Cornwall Insight, a leading UK-based energy market intelligence provider based, has reportedly warned in its latest forecast that consumer price cap would increase by up to 50% in April, this year, wh....
Larsen & Toubro Ltd to collaborate with Norway-based HydrogenPro
Larsen & Toubro Ltd has reportedly collaborated with Norway-based HydrogenPro to avail its electrolyser technology to venture into the green hydrogen market. Under the terms of the agreement, Hyd....
Scientists make big stride towards harnessing nuclear fusion energy
Scientists have reportedly made significant progress toward making fusion energy a reliable and viable source of energy. The breakthrough could lead to the development of a completely new type of rene....
Joensuu Biocoal to construct bioindustrial facility in Joensuu
Joensuu Biocoal Oy, the investment of Finnish wealth management group Taaleri Plc, has reportedly announced plans to construct a bioindustry facility producing torrefied biomass in Joensuu. The inves....
Rolls-Royce taking bids from England & Wales for main nuclear factory
Rolls-Royce, the British aero-engine manufacturer, is reportedly seeking bids from England and Wales to find a location for the primary site to construct a planned array of small nuclear reactors acro....
ExxonMobil announces plans for achieving net-zero emissions by 2050
American natural gas company, Exxon Mobil Corporation, has reportedly announced its goal for achieving net-zero greenhouse gas emissions by 2050, detailing the comprehensive approach with emission-red....
S. Australia sets record by running on 100% renewable power for a week
South Australia has supposedly reported that for approximately 6½ days leading up to December 29, 2021, the region sourced just about 100% of its electricity from renewable sources, a record fo....
UK: Labour proposes £600m fund to aid firms hit by energy price spike
UK’s Labour Party has reportedly announced that it will spend £600 million ($815 million) from a proposed windfall tax on the North Sea oil and gas producers to support businesses hit by t....
Korea Zinc invests $50M in Energy Vault in its clean energy push
Korea Zinc Co. Ltd., a South Korean metal smelting firm specializing in non-ferrous metals, has reportedly agreed to invest $50 million in Swiss energy storage company, Energy Vault, and use the latte....