United Kingdom

The three European powers activate the UN sanctions mechanism against Iran, increasing pressure on the country's oil exports as Tehran maintains high production despite Western measures.
US grid interconnection volumes rose 33% in 2024, driven by federal reform that streamlined procedures and enabled a record 75 GW of validated capacity.

Natura Resources secures federal and Texas backing for molten salt reactor

US-based Natura Resources has secured strategic funding and key permits for its MSR-1 nuclear reactor, backed by public funds and enriched fuel allocation from the Department of Energy.
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Vema Hydrogen mobilise des experts internationaux pour accélérer la mise sur le marché de son hydrogène minéral, alors que l’entreprise prévoit de forer ses premiers puits pilotes en Amérique du Nord d’ici la fin de l’année.
Ascent Solar Technologies has signed an agreement with Star Catcher Industries to enhance in-orbit power generation by combining lightweight photovoltaic technology with wireless energy transmission.

Commonwealth Fusion Systems raises $863mn for its ARC fusion power plant

Commonwealth Fusion Systems raised $863mn in an oversubscribed round to finalise SPARC and accelerate construction of its ARC fusion plant in Virginia, strengthening its position in the global fusion energy sector.
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Exxon Mobil forecasts sustained growth in global natural gas demand by 2050, driven by industrial use and rising energy needs in developing economies.
The US Energy Information Administration reschedules or cancels several publications, affecting the availability of critical data for oil, gas and renewables markets.

Seoul and Washington open talks on nuclear fuel reprocessing

The United States and South Korea have agreed to initiate discussions on reprocessing spent nuclear fuel, marking a potential strategic shift in the long-standing bilateral agreement.
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Swedish company Eco Wave Power has completed testing of its technology at the Port of Los Angeles, reaching a tangible milestone with the launch of its floaters to generate electricity from waves.
First Public Hydrogen Authority opens a request for proposals to transport gaseous and liquid hydrogen across California, with a deadline set for September 12.

TWAICE rolls out analytics tools across 290 MWh of storage at Fullmark Energy

TWAICE will equip four energy storage sites in Southern California with its analytics platform, supporting operator Fullmark Energy in CAISO market compliance and performance optimisation.
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General Atomics injects $20mn into Fusion Fuel Cycles, a joint venture between Canada and Japan, to develop a facility dedicated to the tritium fuel cycle, a central element for the industrial viability of nuclear fusion.
Avangrid has launched a $122 million project to modernise the Meyer substation in Dansville, a key node for regional electrical interconnection in the State of New York.

Capstone secures 5.8 MW order in Mexico with major food manufacturer

Capstone Green Energy received a 5.8-megawatt order for its natural gas microturbines, to be deployed across multiple food production facilities in Mexico through regional distributor DTC Machinery.
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Soluna Holdings launched two energy projects in Texas, reaching one gigawatt of cumulative capacity for its data centres, marking a new stage in the development of computing infrastructure powered by renewable energy.
The United States Nuclear Regulatory Commission has granted a 40-year extension for the AP1000 reactor design certification, supporting its long-term construction domestically and deployment abroad.

Ohmium reduces electrolyser footprint to 29.7 m²/MW

US-based manufacturer Ohmium unveils a new generation of modular electrolysers integrating all production systems within a reduced footprint, aiming to lower installation and operating costs for green hydrogen.
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Private firm Harvest Midstream has signed a $1 billion acquisition deal with MPLX for gas processing and transport infrastructure across three western US states.
Nano Nuclear Energy has signed a memorandum of understanding with Dioxitek, Argentina’s only uranium supplier for nuclear fuel, to assess the development of local conversion and enrichment capacities.
Georgia Power and Mitsubishi Power announce successful completion of an unprecedented test incorporating 50% hydrogen into an advanced gas turbine, reducing CO2 emissions by 22% compared to natural gas alone.
T1 Energy commits $850 million to build a five-gigawatt photovoltaic facility in Texas, selecting Yates Construction and benefiting from local tax incentives, with 1,800 jobs anticipated by the end of 2026.

Global Offshore Wind Capacity: 85 GW Achieved, 100 GW Targeted by 2026

With an annual increase of 14%, global offshore wind capacity now reaches 85.2 gigawatts, driven mainly by China, the United Kingdom, and Germany, while another 27.3 gigawatts are currently under construction.
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Facing anticipated refusal from G7 countries to lower the Russian oil price cap to $45, the European Union weighs its options, leaving global oil markets awaiting the next European sanctions.
RWE and Amazon Web Services enter a strategic collaboration to supply renewable energy for data centres and accelerate digital capabilities within the global energy sector.

Macron presents a united European front in Greenland amid US ambitions

The French president travels to Nuuk on 15 June to support Greenlandic sovereignty, review energy projects and respond to recent US pressure, according to the Élysée.
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Scatec ASA finalises financing for its hybrid solar-battery Obelisk project in Egypt, securing $479.1 million from international financial institutions for a planned capacity of 1.1 GW solar and 100 MW storage.
Israeli strikes against Iranian nuclear sites disrupt US-Iranian talks on the nuclear deal. Tehran now considers canceling the upcoming negotiation round in Oman, heightening regional economic concerns.

New Mexico launches public investment plan to produce 163 GW of geothermal energy

A new report states that the US state could reach 163 GW of geothermal capacity through a set of public measures and expertise drawn from its oil sector.
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A report identifies 130 gas power plant projects in Texas that could raise emissions to 115 million tonnes per year, despite analysts forecasting limited short-term realisation.
Turbotech reports successful combustion testing of a hydrogen turboprop, developed through digital simulation with Ansys, marking an industrial milestone in light aircraft using alternative fuel.

SSE Renewables commissions 28 MW wind farm in Marne

SSE Renewables inaugurated its first wind farm in Southern Europe in Chaintrix-Bierges and Vélye, with eight Siemens Gamesa turbines and an investment exceeding €30mn ($32.3mn).
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Global photovoltaic tracker shipments rose 20% in 2024, driven by India and Saudi Arabia, pushing the United States to a less dominant market position.
ExxonMobil has been named the most admired upstream exploration company in Wood Mackenzie’s latest annual survey, recognised for its performance in Guyana and its ability to open new resource frontiers.

Israel Strikes Iranian Nuclear Facilities After Critical Uranium Enrichment Levels

Facing alarming breaches of uranium enrichment thresholds by Iran and explicit existential threats, Israel launches targeted military strikes against Iranian nuclear infrastructure, escalating regional tensions dramatically.
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Japanese giant JERA will significantly increase its reliance on US liquefied natural gas through major new contracts, reaching 30% of its supplies within roughly ten years.
Russia declares itself ready to retrieve and transform Iran’s excess nuclear materials into fuel, a proposal aimed at easing tense nuclear negotiations between Iran and the United States.

U.S. LNG Exports Drive Natural Gas Prices Higher

Sustained growth in U.S. liquefied natural gas exports is leading to significant price increases projected for 2025 and 2026, as supply struggles to keep pace with steadily rising demand, according to recent forecasts.
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German company Proxima Fusion, specialized in nuclear fusion, has announced a €130 million funding round aimed at building a stellarator, an alternative technology designed to achieve industrial-scale fusion energy.
Shell is expanding its global Liquefied Natural Gas (LNG) capacities, primarily targeting markets in Asia and North America, to meet rising demand anticipated by the end of the decade.