Latest Stories

IEA expects an inflection in oil markets in 2023 when demand will exceed supply

19 January 2023

The International Energy Agency reports that oil demand this year will grow by 1.9mn bpd, to a record 101.7mn bpd, and supply by 1mn bpd, to 101.1mn bpd, in its first monthly report for 2023 released on January 18.

Hungary could face renewed EC scrutiny over Paks nuclear plant expansion

19 January 2023

Brussels could take another look as prolonged delays forces Budapest to consider extending lifespan of existing reactors.

EU wind installations up 33% in 2022 despite challenging supply chain

18 January 2023

The EU installed 15 GW of new wind farms in 2022, according to preliminary data from WindEurope. That’s 33% more than 2021.

Siemens Gamesa clinches supply deals for wind projects off Denmark and in Canada

18 January 2023

Wind turbine manufacturer Siemens Gamesa has secured supply deals for a 1-GW wind project off Denmark and a 495-MW project in Canada.

Low-carbon investments to rise by $60bn in 2023 as inflation weakens; hydrogen and CCUS spending to surge

18 January 2023

Global spending on low-carbon projects will increase by $60bn this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and CCUS infrastructure, according to new Rystad Energy research.