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Carbon capture and storage

11/9/2024 News

CO₂ injection begins at Italy’s first CCS project

Eni and Snam have begun injecting CO₂ into a depleted gas reservoir off the coast of Ravenna, in what is Italy’s first carbon capture and storage (CCS) project. Meanwhile, a new report suggests that CO₂ utilisation deployment in carbon capture, use and storage (CCUS) projects is being hindered by high costs and insufficient subsidies.

Offshore wind

3/5/2023 News

EU plans rapid build-out of offshore wind in the North Seas

Nine European countries have signed an agreement aiming to jointly produce at least 120 GW of offshore wind energy by 2030 in the North Sea, Irish Sea, Celtic Sea and Atlantic Ocean, and at least 300 GW by 2050.

Net zero / decarbonisation / energy transition

Head and shoulders photo of Rachel Solomon Williams

24/1/2024 Comment / Rachel Solomon Williams

Powering up the net zero transition in 2024

Rachel Solomon Williams, Executive Director of the Aldersgate Group, outlines what businesses and investors need to see from the UK government to create a thriving low-carbon economy this year.

Energy prices

11/1/2023 News

EU finally agrees deal on gas price cap

European Union (EU) energy ministers finally agreed last month on a temporary mechanism to limit excessive gas prices, which sky-rocketed following Russia’s incursion into Ukraine in early 2022. Meanwhile, Russia announced that it would ban oil exports to countries imposing the oil price cap agreed in December by the EU, G7 nations and Australia.

Offshore wind

21/1/2026 News

UK secures 8.4 GW of offshore wind at strike prices as low as £89.49/MWh in Europe’s biggest auction to date

The UK has secured a record 8.4 GW of offshore wind capacity under the government’s latest Contracts for Difference (CfD) Allocation Round 7 (AR7), marking the largest single offshore wind procurement of its kind in Europe to date.

Net zero / decarbonisation / energy transition

Head and shoulders photos of Miguel Valderrama on left and Jose Carlos Palma on right

28/9/2022 Comment / Miguel Valderrama,Jose Carlos Palma

On the right track: Peru’s energy transition journey

Peru has been reinventing and liberalising its power generation system since the 1990s, based on UK and Chile models. Although there have been significant challenges, the country is well on the road to energy transition, with further opportunities ahead, write Miguel Valderrama (left), MBA candidate at the University of Cambridge, and Jose Carlos Palma (right), LatAm Area Manager with EDF International, both Co-Founders of PYEP (Peru Young Energy Professsionals).

Emissions mitigation

Graphic of sustainable earth concept against background of person working at laptop

11/1/2023 News

EU increases Emissions Trading System (ETS) ambitions

Members of the European Parliament (MEPs) and European Union (EU) governments have agreed to reform the EU Emissions Trading System (EU ETS) to further reduce industrial emissions and invest more in climate friendly technologies. Under the deal, emissions in the ETS sectors must be cut by 62% by 2030; free allowances to industries will be phased out from 2026 and disappear by 2034; and an ETS II for fuel emissions from the building and road transport sectors will be implemented in 2027.

Funding

Map of Germany showing different pipeline systems

10/7/2024 News

EC funding totalling nearly €17bn will support European energy transition projects

The European Commission (EC) has approved state funding to support the construction of a long-distance pipeline transport network for hydrogen in Germany, the deployment of two bottom-fixed wind farms offshore France, and the roll-out of biogenic carbon capture and storage (CCS) projects in Sweden.

Access to energy

Man in suit, left hand in pocket, sanding in corridor with door to left

21/5/2025 Comment / Boma Douglas

Shining a Spotlight on Energy People: Dr Boma Douglas CEng FEI Chartered Energy Engineer

The distinguished engineer and energy manager discusses what has motivated him in his career and what lies behind his nearly two-decades long involvement with, and support of, the Energy Institute.

Liquefied natural gas

HE Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, at the press conference

6/3/2024 News

Qatar to increase LNG production capacity by nearly 85%

Running counter to the COP28 agreement to transition away from fossil fuels, QatarEnergy has announced that it is proceeding with a new LNG expansion programme, the North Field West project, that will increase the kingdom’s production capacity to 142mn t/y before the end of this decade, representing an increase of almost 85% from current production levels.

New Energy World™

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