Finland

The Groupement des Industriels Français de l'Énergie Nucléaire and the Belgian Nuclear Forum formalise a partnership aimed at strengthening industrial exchanges and joint projects between the two countries’ nuclear sectors.
ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.

Bernard Gustin takes chairmanship of expanded 50Hertz supervisory board

Elia Group Chief Executive Officer Bernard Gustin has been appointed chairman of the new twelve-member supervisory board of 50Hertz, restructured under German co-determination law.
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The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.

Containerized BESS Market to Reach USD 35.82 Billion by 2030, Says MarketsandMarkets

Driven by grid flexibility demand and utility investments, the global containerized BESS market will grow at an annual rate of 20.9% through 2030.
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The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.
Valmet will supply and maintain Petrobras’ Neles™ valves across all its operations in Brazil under a one-year contract renewable for up to five years.

Fusion Fuel takes 51% stake in South African joint venture for industrial energy project

Fusion Fuel Green PLC will invest €480,000 in a South African joint venture to deploy proprietary boiler technology at an industrial site, with cash flows expected from the first year.
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Driven by rising demand for energy resilience, the global microgrid market is projected to grow by 15.6% annually between 2025 and 2032, according to SkyQuest Technology Consulting.
Brussels freezes its retaliatory measures for six months as July 27 deal imposes 15% duties on European exports.

Tractebel and NRG-Pallas extend their partnership on the Dutch research reactor

Tractebel and NRG-Pallas have formalised the continuation of their technical cooperation at the Pallas research reactor site in Petten, the Netherlands, reinforcing their commitment to a key project in the European nuclear sector.
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ERG launches a new 47.3 MW wind farm in Corlacky, featuring eleven turbines, bringing its installed capacity in the United Kingdom to 340 MW and confirming its investment strategy.
Element 2 strengthens its partnership with HRS to install a mobile hydrogen station in Glasgow, as part of its expansion strategy for its refuelling network in the United Kingdom and Ireland.

Qatar threatens to cut gas to Europe over climate requirements

Qatar rejects EU climate transition obligations and threatens to redirect its LNG exports to Asia, creating a major energy dilemma.
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Voltalia has been selected for the construction of two photovoltaic plants in Ireland, totalling 92.9 megawatts, further strengthening its presence in the country’s solar infrastructure market.
An agreement between Iberdrola and Echelon provides for the creation of a joint venture dedicated to the development of data centres in Spain, including an initial 144 MW site in Madrid, strengthening integration between energy and digital infrastructure.

Qatar threatens to divert its gas exports to Asia over European rules

Qatar has warned that it could stop its liquefied natural gas deliveries to the European Union in response to the new European directive on due diligence and climate transition.
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The Neart na Gaoithe offshore wind farm, with a capacity of 450 megawatts, comes online off the coast of Scotland, mobilising GBP200 mn ($259 mn) in public and private investment for the region.
SSE plc invests up to €300mn ($326mn) in a new 170MW power plant in County Meath, aiming to ensure energy security and support the growing demand on Ireland's power grid.
Prumo Logística and Fuella are collaborating to develop a low-carbon hydrogen hub at the Port of Açu, with targeted production of 400,000 tonnes per year for export and the domestic market.

Fortum: Nuclear investments deemed unprofitable at current prices

Fortum, a major energy player in Finland, believes that electricity prices on the Nordic market are not sufficient to make new nuclear projects profitable, despite ambitions in Sweden and Finland.
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Lithuania has identified 77 potential sites for the geological disposal of nuclear waste. The final decision is expected in 2047.
Norwegian gas exports to North-West Europe remained at a high level in July, at 10.02 billion cubic meters, despite limited maintenance work.

EU sanctions on Russian LNG: Consequences and challenges for Europe

The EU has adopted sanctions against Russian LNG, impacting transshipment operations and the supply of technology, with major implications for the European energy market, according to a report by Oxford Energy.
France set a new record for electricity generation and exports in the first half of 2024, thanks to strong hydropower activity and a recovery in nuclear power, reports French electricity grid operator RTE.
Virya Energy announces the finalization of financing for the Zeebrugge green hydrogen plant, strengthening Belgium's position in renewable energies.

Origin approves second phase of Eraring power plant battery

Origin Energy validates a $450 million investment to develop the second phase of the Eraring power station battery, aimed at boosting energy storage and grid stability in Australia.
Batterie Eraring phase deux approuvée
TotalEnergies invests 75 million euros in a battery-based electricity storage project in Germany, to boost its storage capacities and support renewable energies.
Ocean Energy USA LLC installs a grid-scale hydrokinetic converter at the US Navy test site in Hawaii, marking a major breakthrough in marine energy technologies.

Irish data centers: higher power consumption than urban areas

In 2023, data storage infrastructures in Ireland will consume more electricity than urban households, accounting for 21% of total demand, according to official statistics.
Consommation infrastructures de données Irlande
The European Commission has opened an investigation to verify whether Belgian public support for the extension of the Doel 4 and Tihange 3 nuclear reactors complies with EU state aid rules.
European power plants are expected to reduce their gas consumption by 25% this summer, thanks to increased solar and hydro capacity.

JinkoSolar Partners with RELC and VI for 10 GW Plant in Saudi Arabia

JinkoSolar, RELC and VI announce a $1 billion investment for a solar cell and module production plant in Saudi Arabia with an annual capacity of 10 GW.
Partenariat stratégique en Arabie
TotalEnergies and SSE are working together to install 3,000 fast-charging stations for electric vehicles in the UK and Ireland by 2028.
Sungrow will supply its PowerTitan energy storage systems for the 800MWh Vilvoorde project in Belgium, run by ENGIE.

UN warns of the environmental impact of the digital economy

Digitization, while essential for economic growth, also has worrying environmental repercussions. The UN calls for sustainable policies to manage this boom.
Impact environnemental de la numérisation
Hungary is focusing on geothermal energy during its EU presidency to attract investment and strengthen regulations.
ENGIE has begun construction of one of Europe's largest Battery Energy Storage Systems (BESS) at its site in Vilvoorde, Belgium. This 200 MW project will enhance the flexibility of the grid.