Sails Return to Slash Shipping Emissions
Facing pressure to reduce carbon emissions, the shipping industry is reviving sail technology, with Hurtigruten's new cruise ship featuring large retractable sails and solar panels aiming for zero emissions by 2026, and Cargill's Pyxis Ocean demonstrating significant fuel savings using wind-powered ...
Sails Return to Slash Shipping Emissions
Facing pressure to reduce carbon emissions, the shipping industry is reviving sail technology, with Hurtigruten's new cruise ship featuring large retractable sails and solar panels aiming for zero emissions by 2026, and Cargill's Pyxis Ocean demonstrating significant fuel savings using wind-powered ...
Progress
32% Bias Score
9 Million UK Households Face £66M Energy Overpayment Risk
Nine million UK households risk overpaying £66 million on energy bills unless they submit meter readings by January 1st due to the Ofgem price cap increase to £1,738, impacting those on standard variable tariffs without smart meters.
9 Million UK Households Face £66M Energy Overpayment Risk
Nine million UK households risk overpaying £66 million on energy bills unless they submit meter readings by January 1st due to the Ofgem price cap increase to £1,738, impacting those on standard variable tariffs without smart meters.
Progress
48% Bias Score
New Jersey Offshore Wind Project Seeks Second Delay Amidst Market Volatility
New Jersey's Leading Light Wind project, a joint venture between Invenergy and energyRE, seeks a second delay until May 2020 due to market volatility, impacting its ability to secure crucial turbine components and potentially delaying the project's contribution of power to 1 million homes.
New Jersey Offshore Wind Project Seeks Second Delay Amidst Market Volatility
New Jersey's Leading Light Wind project, a joint venture between Invenergy and energyRE, seeks a second delay until May 2020 due to market volatility, impacting its ability to secure crucial turbine components and potentially delaying the project's contribution of power to 1 million homes.
Progress
60% Bias Score
UK Energy Bills to Rise Further in Spring
UK energy bills will rise to £1,738 annually from January 1st, 2024, increasing to £1,785 in April due to volatile international energy markets, particularly concerning EU gas storage, the Russia-Ukraine gas deal, and potential impacts from a Trump presidency on LNG flows; Ofgem is introducing zero-...
UK Energy Bills to Rise Further in Spring
UK energy bills will rise to £1,738 annually from January 1st, 2024, increasing to £1,785 in April due to volatile international energy markets, particularly concerning EU gas storage, the Russia-Ukraine gas deal, and potential impacts from a Trump presidency on LNG flows; Ofgem is introducing zero-...
Progress
36% Bias Score
Turkey Sets New Electricity Service Fees Starting January 1st, 2025
Turkey's Energy Market Regulatory Authority (EPDK) set new fees for electricity services starting January 1st, 2025, including security, disconnection/reconnection, meter checks, and payment notifications, with costs varying by consumer type and voltage level (details in Turkish Lira).
Turkey Sets New Electricity Service Fees Starting January 1st, 2025
Turkey's Energy Market Regulatory Authority (EPDK) set new fees for electricity services starting January 1st, 2025, including security, disconnection/reconnection, meter checks, and payment notifications, with costs varying by consumer type and voltage level (details in Turkish Lira).
Progress
12% Bias Score
EU to Act Against Russia's Shadow Fleet Following Baltic Cable Sabotage
The EU announced stronger action against Russia's shadow fleet after suspected sabotage of the Estlink 2 undersea energy cable linking Finland and Estonia, with the oil tanker Eagle S, possibly part of the fleet, suspected of causing the damage.
EU to Act Against Russia's Shadow Fleet Following Baltic Cable Sabotage
The EU announced stronger action against Russia's shadow fleet after suspected sabotage of the Estlink 2 undersea energy cable linking Finland and Estonia, with the oil tanker Eagle S, possibly part of the fleet, suspected of causing the damage.
Progress
52% Bias Score
Aktor Raises €200 Million to Fund €2 Billion Investment Plan
Aktor Group is raising €200 million through a public share offering to fund a €2 billion investment plan, including acquisitions of real estate assets from Prodea (€180 million), renewable energy projects (1.3 GW capacity), and a 50.1% stake in ENTELECHEIA (€30 million).
Aktor Raises €200 Million to Fund €2 Billion Investment Plan
Aktor Group is raising €200 million through a public share offering to fund a €2 billion investment plan, including acquisitions of real estate assets from Prodea (€180 million), renewable energy projects (1.3 GW capacity), and a 50.1% stake in ENTELECHEIA (€30 million).
Progress
44% Bias Score
China's Mining Sector Achieves Record Production in 2023
China's mining industry achieved record production of nonferrous and iron ore in 2023, with a significant increase in exploration rights granted and substantial new discoveries, strengthening its global influence on mineral resources.
China's Mining Sector Achieves Record Production in 2023
China's mining industry achieved record production of nonferrous and iron ore in 2023, with a significant increase in exploration rights granted and substantial new discoveries, strengthening its global influence on mineral resources.
Progress
52% Bias Score
BP's Q3 Profit Down, But Share Buybacks and Low-Carbon Investments Offset Losses
BP plc's Q3 2024 results showed a decline in profit to $2.3 billion and revenue to $47 billion due to lower oil prices, but the company announced a new $3.5 billion share buyback program and continues investing in low-carbon energy.
BP's Q3 Profit Down, But Share Buybacks and Low-Carbon Investments Offset Losses
BP plc's Q3 2024 results showed a decline in profit to $2.3 billion and revenue to $47 billion due to lower oil prices, but the company announced a new $3.5 billion share buyback program and continues investing in low-carbon energy.
Progress
44% Bias Score
Saxony's Slow Wind Energy Expansion Despite Rising Approvals
By end of September 2024, Saxony commissioned only five new wind turbines (23.9 MW), down from ten (46.8 MW) in 2023; however, 44 turbines received approval (vs 29 in 2023), and contracts for 306.5 MW were awarded, potentially powering 300,000 households.
Saxony's Slow Wind Energy Expansion Despite Rising Approvals
By end of September 2024, Saxony commissioned only five new wind turbines (23.9 MW), down from ten (46.8 MW) in 2023; however, 44 turbines received approval (vs 29 in 2023), and contracts for 306.5 MW were awarded, potentially powering 300,000 households.
Progress
40% Bias Score
Green Hydrogen Market Projected to Reach \$30 Billion by 2030
The global green hydrogen market is poised for explosive growth, reaching \$30 billion by 2030, driven by technological advancements and decreasing renewable energy costs; however, challenges remain in scaling production and infrastructure.
Green Hydrogen Market Projected to Reach \$30 Billion by 2030
The global green hydrogen market is poised for explosive growth, reaching \$30 billion by 2030, driven by technological advancements and decreasing renewable energy costs; however, challenges remain in scaling production and infrastructure.
Progress
52% Bias Score
EU Accuses Russia of Sabotage, Citing Damaged Undersea Cable
The European Union has formally accused Russia of a string of sabotage incidents across Europe, citing the damage to the Estlink 2 undersea cable as a prime example, allegedly caused by a ship from Russia's 'shadow fleet', prompting plans for stronger countermeasures.
EU Accuses Russia of Sabotage, Citing Damaged Undersea Cable
The European Union has formally accused Russia of a string of sabotage incidents across Europe, citing the damage to the Estlink 2 undersea cable as a prime example, allegedly caused by a ship from Russia's 'shadow fleet', prompting plans for stronger countermeasures.
Progress
56% Bias Score