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Nina Chestney

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: The sun sets behind wind turbines at the Saint-Nazaire offshore wind farm, off the coast of the Guerande peninsula in western France, February 25, 2023. REUTERS/Stephane Mahe
AnalysisBusinessEconomyElectricityOffshore WindPoliticsWind

Global offshore wind industry poised to miss big targets as obstacles mount

Global offshore wind faces setbacks: rising costs, delays, and missed targets jeopardize renewable energy goals by 2030.

Gas drying towers are pictured at Gas Connect Austria's gas distribution node in Baumgarten some 40 km (25 miles) east of Vienna March 6, 2013.  REUTERS/Heinz-Peter Bader/File Photo
BusinessNatural GasNewsPoliticsRegulationsTradeTransmission

Austria to be cut off from Russian gas from Saturday

Russia's Gazprom has told Austria that it is suspending gas deliveries from Saturday, a gas flow monitoring platform reported on Friday.

FILE PHOTO: High-voltage power lines, an electricity pylon and wind turbines are seen near Pedrola, Spain, December 12, 2021. Picture taken on December 12, 2021. REUTERS/Albert Gea/File Photo
EconomyElectricityIndustryInfrastructureManufacturingNewsRegulationsReportsSolarStorageUnited NationsWind

Renewable energy to fall short of UN goal to triple by 2030, IEA says

Renewable energy will meet nearly half of electricity demand by 2030 but fall short of the U.N. goal to triple capacity, IEA reports.

FILE PHOTO: A drone view shows power-generating windmill turbines at a wind park in La Regrippiere, near Nantes, France, April 17, 2024. REUTERS/Stephane Mahe/File Photo
AnalysisClimateElectricityEnvironmentReportsSolarWind

Record renewables growth fuels cost competitiveness: IRENA report

Over 75% of 2023's new renewable energy was cheaper than fossil fuels, highlighting its growing global competitiveness.

FILE PHOTO: Wind turbines stand on a power station near Yumen, Gansu province, China September 25, 2020. Picture taken September 25, 2020. REUTERS/Carlos Garcia Rawlins/File Photo
ElectricityNewsPoliticsRegulationsTradeWind

Chinese wind turbine-makers move into Europe as trade tensions flare

Chinese wind turbine makers this month clinched their first order in Germany, as they build momentum in the European market

FILE PHOTO: Onshore wind turbines at Little Cheyne Court Wind Farm operate beside electricity pylons in Dungeness, Britain, July 10, 2024. REUTERS/Chris J. Ratcliffe/File Photo
ElectricityInfrastructureNewsPolitics

Renewables growth rate insufficient to reach 2030 target, says IRENA

Goal set last year at a UN conference to triple renewable energy capacity by 2030 unlikely to be met, says new report.

FILE PHOTO: A drone view shows bifacial 540 W solar panels at a solar panels park by energy supplier Enel Green Power, in Trino, Italy, March 5, 2024. REUTERS/Claudia Greco/File Photo
BusinessElectric Vehicles (EVs)ElectricityFinanceGeothermalHydropowerNewsNuclear PowerSolarWind

IEA expects global clean energy investment to hit $2 trillion in 2024

Global investment in clean energy technology and infrastructure is set to hit $2tn, twice the amount going into fossil fuels, IEA report shows

FILE PHOTO: Plants grow through an array of solar panels in Fort Lauderdale, Florida, U.S., May 6, 2022. REUTERS/Brian Snyder/File Photo
ClimateEmissionsEnvironmentLegislationNewsPoliticsRegulations

Countries’ plans not yet aligned with tripling renewables capacity goal

Countries' climate plans are not yet in line with a goal to triple renewable energy capacity by 2030, a report by the IEA...

BusinessElectricityNewsSolarWind

Japan’s JERA creates global renewables-focused unit in UK

New division of the power giant will develop, invest in, own and operate renewable energy projects such as onshore and offshore wind, solar...

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