Monday, 24 March 2025
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Forrest Crellin

A view of the retired Agios Georgios power station in Keratsini suburb, near Athens, Greece, January 3, 2025. REUTERS/Louiza Vradi
AnalysisBusinessCoalEconomyElectricityFuelIndustryNatural GasNuclear PowerOffshore WindPoliticsUtilitiesWind

Europe’s power price divide hits southeastern economies

Greek businesses and households face soaring energy costs, as uneven investment deepens Southeast Europe's energy crisis.

FILE PHOTO: Steam rises during a test from a well at the Coso geothermal field at the China Lake Naval Air Weapons Station in China Lake, California July 31, 2008. Picture taken July 31, 2008.  REUTERS/Fred Prouser/File Photo
BusinessElectricityFuelGeothermalNatural GasNewsOil

Shale drilling techniques could lead to a geothermal surge, IEA says

Geothermal is suited to providing the massive amounts of stable energy data centres require, according the the head of the IEA.

FILE PHOTO: Snow covers the roofs of the so-called "Alter Flecken" (old spot), the historic core of Freudenberg with its half-timbered houses from the 17th century in the heart of the federal state of North Rhine-Westphalia near the city of Siegen, Germany,  January 19, 2024.   REUTERS/Wolfgang Rattay/File Photo
ChemicalsElectricityFuelIndustryLiquefied Natural GasManufacturingNatural GasNews

Analysis: Gas price shock set to add to Europe’s industrial pain

EU gas demand is 17% below the five-year average observed during pre-pandemic years — but it is still vulnerable to price shocks.

FILE PHOTO: A general view of the Tata Steel factory, where the producer presents two installations which, the company expects, will ensure fewer emissions, in IJmuiden, Netherlands, January 25, 2024. REUTERS/Piroschka van de Wouw/File Photo
BusinessClimate FinanceElectricityEmissionsNatural GasNewsSolarWind

Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says

Investment in the green energy transition must double to meet the Paris Agreement's net zero goal by 2050, says Wood Mackenzie.

FILE PHOTO: Hydrogen trailers are seen at a hydrogen refuelling station during an organised media tour to a hydrogen energy demonstration zone in Daxing district of Beijing, China May 31, 2023. REUTERS/Florence Lo
HydrogenManufacturingNews

Hydrogen project investments are accelerating but uncertainty remains, IEA says

Hydrogen project investments have doubled in the last year but capacity and demand remain low.

FILE PHOTO: High voltage electricity towers are seen at sunrise in Ciudad Juarez, Mexico April 20, 2022. REUTERS/Jose Luis Gonzalez/File Photo
ClimateCoalEnvironmentFuelNewsWeather

Rising cooling demand to keep coal plants online this year, IEA says

Global electricity demand is set to grow at its fastest pace in nearly 20 years this year, spurred by increasing demand for air...

FILE PHOTO: Solar panels are pictured at a solar energy park in Saelices, Spain, May 11, 2022. Picture taken with a drone. REUTERS/Guillermo Martinez/File Photo
AnalysisElectricityHydropowerInfrastructureReportsSolarStorageWind

Europe’s solar power surge hits prices, exposing storage needs

Mismatch between demand and supply as solar power generation soars could shift investment to much needed storage solutions

FILE PHOTO: An Engie employee walks past solar panels at the photovoltaic park installed by Engie in Marcoussis near Paris, France, February 12, 2024. REUTERS/Gonzalo Fuentes/File Photo
ClimateElectionsElectricityEmissionsEnvironmentNewsPoliticsSolarWind

French renewable energy sector says far-right victory risks trouble for industry

The French renewable energy sector is bracing for a sharp slowdown in wind and solar projects if the far-right wins a majority in...

BusinessClimateFinanceNewsPolitics

Private sector should foot climate bill, French finance minister says

By Forrest Crellin PARIS (Reuters) – Funding to combat climate change needs to come from the private sector as there is no more...

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