energynews

Canadian regulator approves friction reducer cost allocation methodology for Keystone

The Canada Energy Regulator has approved, with modifications, the cost allocation methodology for friction reducers on the Keystone Canada pipeline system. South Bow GP (Canada) Ltd. will need to recalculate the tolls for 2020 and 2021 before final validation.

Nuclear enters Australian elections amid rising dependency on natural gas supplies

Nuclear energy emerges as a key election issue in Australia, as accelerating gas dependency intensifies amid coal plant closures, raising critical concerns about grid stability and energy pricing ahead of the 2025 federal elections.

Trump denounces Canadian surcharge on electricity exported to the United States

Donald Trump accuses Canada of tariff abuse following Ontario's decision to impose a 25% surcharge on electricity exports to three U.S. states, escalating trade tensions between the neighboring countries.
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Mark Carney reshuffles Canada’s energy policy cards

Mark Carney, newly elected Canadian Prime Minister, expresses his intention to abolish the consumer carbon tax, revitalizes nuclear energy, and signals openness to expanding gas infrastructure with the United States.

Trump unveils energy policy in Houston, focuses on fossil fuels

The Trump administration is detailing its energy priorities in Houston this week, focusing on deregulation and support for fossil fuels. The CERAWeek conference, which gathers key industry players, will serve as the stage for these announcements.

United Kingdom: Justice reduces sentences for environmental activists

The British Court of Appeal has reduced the prison sentences of six Just Stop Oil activists, initially sentenced to up to five years. Ten other activists retain their convictions, as the prosecution highlights the severity of their actions.
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France opens public consultation on its energy strategy until 2035

The French government has launched a public consultation on the third Multiannual Energy Programme (PPE), which sets the country's energy production and consumption trajectories for the 2025-2035 period. This process precedes the adoption of the text by decree in April.

EDF and French industrialists at odds over long-term electricity contracts

Negotiations between EDF and major French industrialists stall over electricity tariffs, raising concerns about industrial competitiveness against European offers.

The United Kingdom considers a new tax system to replace the oil superprofits tax

The United Kingdom is exploring the implementation of a new tax system for oil and gas producers to replace the superprofits tax, set to end in 2030.
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Saúl Luciano Lliuya’s lawsuit against RWE opens in Germany

On March 17 and 19, Saúl Luciano Lliuya, a Peruvian farmer, will face energy group RWE in court before the regional court in Hamm, in a climate responsibility case related to the melting of Andean glaciers.

EDF launches auctions for long-term nuclear electricity contracts

EDF implements a system of auctions for long-term nuclear electricity contracts to stabilise prices and finance its nuclear projects. The first deliveries are scheduled for 2026.

Canada Infrastructure Bank invests CAD 217 million in Nova Scotia – New Brunswick interconnection

The Canada Infrastructure Bank (CIB) has committed a CAD 217 million investment to support the construction of a transmission line between Nova Scotia and New Brunswick, enhancing the reliability of the interprovincial power grid.
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North America’s energy emissions set to fall by 20% by 2030, says Wood Mackenzie

According to a report by Wood Mackenzie, net energy-related emissions in the North American electricity sector are expected to drop by 20% by 2030, with significant impacts from renewable energy and transportation electrification.

The High Commissioner for Atomic Energy criticises France’s energy strategy for 2035

Vincent Berger, High Commissioner for Atomic Energy, issues strong criticism of France's energy strategy for 2035, deeming the CO2 reduction target overly ambitious and warning of potential overproduction of electricity.

Indonesia plans to invest 40bn USD in energy projects in 2025

Indonesia announces 40bn USD investment in 21 energy projects in 2025, aiming to increase refining capacity and replace LPG imports.
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US Congress repeals Biden’s methane tax for oil and gas producers

The US Senate passed a resolution to repeal the methane emissions tax imposed on oil and gas producers, a measure that was part of the US Inflation Reduction Act of 2022.

China misses key carbon emissions target for 2024

China has missed a major carbon emissions target for 2024, despite record investments in renewable energy, according to recent data from the National Bureau of Statistics.

France: €20 billion investments for decarbonisation of the Golfe de Fos site

A roadmap for the decarbonisation of the Golfe de Fos site, aimed at attracting €20 billion in investments, has been signed by the State, the Provence-Alpes-Côte d'Azur region, and the Aix-Marseille-Provence metropolitan area.
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France: Eric Lombard and business organisations call for adjustments to European proposals

French Minister of the Economy Eric Lombard, along with several business organisations, praised the European Commission's proposals on societal and climate-related obligations for companies, but argued they need to be adjusted to better account for international competition.

American Electric Power invests $1.7 billion to upgrade transmission network in PJM region

American Electric Power (AEP) and its affiliate Transource Energy will invest nearly $1.7 billion to improve reliability and transmission capacity across several states in the PJM region, including Indiana, Ohio, Virginia, and West Virginia.