Energy giants Siemens Gesa and SSE have agreed on a $ 628 million deal and profit warnings.

Details of the agreement between the SSE and SGRE revealed the first results for the second quarter, with revenues of nearly 2.2 billion euros and losses of about 304 million euros. Paul Ellis | AFP | Getty Images Siemens Gesa Renewable Energy has agreed to sell its Southern European assets at the SESE headquarters in … Read more

Huge submarine cables are to be the first direct link between Britain and Germany.

Coastal wind turbines in Germany. The NeuConnect project will allow Britain to access “Germany’s huge energy infrastructure, including significant renewable energy sources,” the interconnector said. By Thomas E. Gunnarsson | Moment Open | Getty Images More than 1.5 billion pounds ($ 1.95 billion) in key contracts have been awarded for a major link between Germany … Read more

Europe backs Russia’s coal. Is oil next? | CNN Business

London CNN Business – European leaders have agreed to suspend Russian coal production under a new sanctions package in response to allegations of violence in Ukraine. Oil embargo could be next. All European coal mines will be banned from the European Union, the European Commission said on Friday. Europe, the source of the EU, plans … Read more

Germany: G7 rejects Russia’s demand for gas in rubles

According to the German Ministry of Energy, the Group of Seven major economies have agreed to reject Russia’s request to pay rubles in Russian natural gas exports to Moscow. as if Frank Jordan Associated Press March 28, 2022, 12 ፡ 46 46 p.m. • Read 2 minutes Share to FacebookShare to TwitterEmail this article BERLIN … Read more

As the crisis in Ukraine escalated, Britain reconsidered its massive power plant.

A.D. Sever Stury airs since 2010. Jamie Cooper | Sspl | Getty Images An independent commission in the United Kingdom is to revisit the opportunity to use the vast estuary, a large part of the water between England and Wales. The Commission will be established in partnership with the Western Gateway, which covers West England … Read more

FACTBOX: European and American companies flee war to help Ukrainians | Business

More than a million people have fled their homes to Poland and other neighboring countries, and companies in Europe and North America have begun providing assistance to Ukrainian authorities and those fleeing the war after the Russian invasion. Here are some of the companies that have sponsored it. More are expected in the coming days. … Read more

Europe installed a record wind turbine last year. But he says the industry is not enough.

October 12, 2021 New wind turbines are being built in wind farms in Germany. Sean Gallup | Getty Images News | Getty Images Europe By 2021, it will have 17.4 GW of wind power capacity, according to industry data from Windows Europe. Despite this, the Brussels-based organization says it is not enough to achieve its … Read more

“We need to increase energy efficiency in Europe by investing in renewable energy,” he said

A wind turbine in an energy park operated by EDP Renovaveis in EDP Renewal Variable Unit in Manuka, Portugal, June 18, 2018. Daniel Rodriguez | Bloomberg | Getty Images Investment in the sector should be “very fast”, according to Portugal’s utility EDP CEO “Accelerate Renewal” in connection with European energy freedom. “These are the ones. … Read more

The Danish Energy Fund is running a giant green hydrogen project in Spain.

Wind turbines photographed in Aragon, Spain. Pepe Romeo / 500 pixels | 500 pixels | Getty Images A major project to produce green hydrogen and ammonia has been announced, and those behind it hope that the first phase of construction will begin by the end of 2023. On Tuesday, Copenhagen Infrastructure Partnership announced details of … Read more

‘For us, it’s not a solution’: Enel’s CEO is skeptical of carbon footprint.

Inel, chief executive of several international energy companies, said he was skeptical of carbon footprint and storage, noting that the technology was not a climate solution. “We’ve tried it – and when we say ‘we’, I mean the electric industry,” Francesco Starce told CNBC’s Karen Tiso on Wednesday. You can imagine, we have tried hard … Read more