Japan has urgently secured several additional cargoes of liquefied natural gas from the United States to avert an imminent electricity supply shortage caused by rapidly declining national reserves expected at the end of July.
Manufacturer Stellantis halts production of its hydrogen-powered commercial vehicles, citing a lack of commercial prospects and an insufficient market, according to a statement released by the automotive group.
The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.
Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.
Driven by rising electricity demand, the battery energy storage systems market is set to soar, according to The Insight Partners, growing from $41.97bn in 2024 to $143.28bn in 2031 at an average annual rate of 17.91%.
The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.
Ørsted has completed a $2.75bn project financing with 25 banks and five export credit agencies for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan, strengthening its industrial partnership strategy. —
European Union member states have requested to keep their national strategies for phasing out Russian gas by 2027 confidential, citing security concerns and market disruption risks, according to a document revealed by Reuters.
Sumitomo Corporation announces a strategic investment in Independence Hydrogen aimed at developing new decentralized hydrogen production and distribution projects in the United States, targeting industrial, logistics and critical infrastructure sectors.
The French Cigéo project, designed to bury the most hazardous radioactive waste deep underground, obtains a crucial technical validation before its final authorization, expected by the end of 2027.
The UK's National Wealth Fund participates in a GBP 59.6 million funding round to finance a CO₂ capture pipeline for the cement and lime industry, targeting a final investment decision by 2028.
PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.
Valmet secures a contract to deliver a bubbling fluidized bed biomass boiler and flue gas handling equipment to Kraftringen Energi's upcoming combined heat and power plant, aimed at strengthening energy supply in Sweden.
The global photovoltaic films market is expected to see significant growth, reaching $41.59bn by 2034 due to the development of new solar technologies and the increasing demand for encapsulation suited to these innovations, a recent study indicates.
Investment fund Ardian finalises its takeover of Akuo and appoints former Électricité de France executive Bruno Bensasson to steer the renewable-energy developer’s growth towards five gigawatts of installed capacity by 2030.
TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.
Singapore announces fixed airline ticket levy dedicated to Sustainable Aviation Fuel (SAF) procurement, maintaining unchanged amounts from 2026 to 2028, regardless of significant fluctuations in global fuel prices.
EDF Power Solutions has been selected by the Japanese government to build a 110 MW lithium-ion battery after winning a public tender aimed at enhancing the flexibility of the country's electricity grid.
Westinghouse Electric Company signs a $180mn contract with ITER Organization to complete the final assembly of the vacuum vessel for ITER’s experimental nuclear fusion reactor, currently under construction in Cadarache, southern France.
GE Vernova Hitachi Nuclear Energy and Fortum announce partnership aimed at preparing for the potential deployment of small modular reactors in Finland and Sweden, with commissioning scheduled for the 2030s.
Danish developer European Energy finalises financing deal exceeding €70m for constructing two Australian solar plants, totalling 137 megawatts of installed capacity on the local electricity market.
The Ingerslev Å solar plant, operated by BeGreen, an Equinor subsidiary, begins production in Denmark, adding a capacity of 65 MW and generating approximately 68 GWh annually for the local DK1 electricity market.
Envision Energy signs a turnkey contract with Kallista Energy for a 120 MW / 240 MWh energy storage project in Saleux, Hauts-de-France, marking its entry into France’s stationary battery market.
The global hydropower plants market is projected to reach USD 318.3 billion by 2032, driven by growing demand for renewable energy, increased adoption of micro-hydropower plants, and heightened government support, according to a recent report.
Petronas formalizes a memorandum with JOGMEC to secure Japanese LNG deliveries, including a first cargo from LNG Canada scheduled for July at Toho Gas.
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.
The SA-H2 fund, supported by international partnerships and local institutional backing, mobilises 37 million USD to develop export-oriented green hydrogen from South Africa, with an initial concrete project announced.
Asian developer Gurīn Energy selected Saft to supply a battery storage system exceeding 1 GWh in Fukushima, marking a new stage in Japan’s energy storage deployment.
Swedish energy developer Minesto confirmed a 25% increase in output from its Dragon 12 tidal system, marking a key step towards commercial deployment in the Faroe Islands.
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.
The Moscow Arbitration Court postpones by nine months the trial initiated by Rosatom against Fortum and Outokumpu, seeking nearly three billion dollars following the controversial cancellation of a nuclear project in Finland.
Above-average summer temperatures in Asia are significantly boosting demand for American liquefied natural gas, offsetting a potential slowdown in Europe and opening new commercial opportunities for U.S. exporters.
The European Commission opens a four-week consultation to define industrial and regulatory priorities for the EU’s first fusion energy strategy, expected by the end of 2025.
A new law extends the operational lifespan of nuclear reactors in Japan, enabling them to run past 60 years to meet rising energy demand and reduce reliance on fossil fuels.
During a visit to France, the Saudi Minister of Industry presented the kingdom's titanium and aluminium as levers to reach agreements with French manufacturers and support the country’s industrial diversification.
The potential lifting of U.S. sanctions on the Arctic LNG 2 project paves the way for a rapid resumption of Russian liquefied natural gas exports, significantly impacting global markets from the third quarter of 2025.
The United States reactivates a major loan for TotalEnergies' Mozambique LNG project, stalled since 2021 due to a jihadist attack. The funding should enable a market-anticipated restart by 2030.
Liquefied natural gas (LNG) transactions observed on the Market on Close (MOC) are slowing due to high inventories and limited demand, despite the traditionally buoyant winter period.
This thermal storage infrastructure, combined with Elisa’s optimization, illustrates how energy flexibility helps reduce emissions and stabilize the electrical grid within a context of increasing district heating electrification.
The Flamanville EPR will be connected to the grid this Friday. After two decades of delays and cost overruns, this next-generation reactor marks a major milestone for French nuclear energy.
