South Korea and UK have agreed to strengthen cooperation on nuclear power and clean energy.
The European Commission is proposing new measures to help the EU power grid adapt to changes in demand, aiming to reduce reliance on fossil fuels and enable more renewables to come online.
Herman Galushchenko, Ukraine’s Energy Minister, has said that the country aims to increase the share of renewable energy in its power generation mix to 50 per cent to boost energy security.
Siemens Energy, in a consortium with FATA, part of the Danieli Group, has won €1 billion contract from the Italian transmission system operator Terna to supply four converter station for the Tyrrhenian Link project in Italy.
Japan’s Jera has announced that it intends to acquire the Belgian offshore wind power generation firm Parkwind for €1.55 billion.
Drax has announced that it has put its investment programme into the bioenergy with carbon capture and storage (BECCS) project at Drax Power Station on hold.
GE has won an order from Damco Energy of Greece to provide power generation equipment for Damco’s 840 MW natural gas-fired power plant to be built in Alexandroupolis, Greece.
Britain’s grid operator, National Grid, has said that consideration is being given to keeping some coal-fired power plants available for back-up power to ensure sufficient electricity supplies for next winter.
Octopus Energy has announced it will invest €1 billion into France’s renewable energy sector over the next two years.
Ukraine is expecting to add around 300 MW of new wind capacity in 2023 and export renewable electricity to the EU, despite difficult conditions resulting from Russia’s illegal full-scale invasion, according to the country’s State Enterprise Guaranteed Buyer.