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Marubeni to invest $12.2bn in UK’s clean energy projects

Japanese integrated trading and investment business Marubeni has entered a memorandum of understanding (MoU) with the UK Government to invest £10bn ($12.2bn) in the country’s renewable energy projects over the next ten years.

read more... 16/10/2023

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Denmark to treble power demand by 2035

Denmark’s annual power demand could treble to 127 TWh by 2035, fuelled by a surge of electrolysers using wind and solar power to create hydrogen and other green fuels, said the nation’s energy agency in a new study.

read more... 16/10/2023

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France to force shops, offices to turn off lights

France will force commercial premises such as shops and offices to switch off lights as part of new measures aimed at cutting power demand, energy minister Agnes Pannier-Runacher said on Wednesday.

read more... 13/10/2023

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UK weighs one-off increase to energy price cap to aid suppliers

Britain's energy regulator is considering a one-off increase to its price cap on energy bills to reduce the risk of suppliers going bust amid record levels of customer energy debt, it said on Thursday, in a proposal condemned by consumer campaigners.

read more... 13/10/2023

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France, Germany to aim for energy accord ‘by the end of the month’

Over the years, France and Germany have developed radically diverging electricity systems. While Paris puts large-scale nuclear power plants at the heart of its market, Germany is moving towards a smaller-scale decentralised power generation model relying on 100% % renewable energy.

read more... 12/10/2023

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