Public Sector Pension Investment Board

CWP Europe formalised two major projects in Albania and Montenegro with backing from the European Commission, reinforcing the Balkans’ integration into the European energy market.
A roadmap under development aims to establish regulatory and technical foundations for the deployment of small modular reactors, with the goal of strengthening national energy security and attracting private capital.

Naftogaz proposes integrating its gas storage into EU strategic reserve plan

Naftogaz urges the European Union to use Ukraine’s gas storage capacity as part of a strategic reserve system, while calling for the end of storage filling obligations after 2027.
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Metacon acquired components from the bankruptcy estate of Hynion Sverige AB for SEK3.5mn ($320,000), aiming to support its hydrogen refuelling station projects in Sweden.
John Cockerill and Axens launch NesaBTF, an industrial torrefaction technology designed to optimise biomass supply, with targeted ambitions in the growing sustainable aviation fuel market.

EDF raises nuclear forecast to 375 TWh driven by industrial plan

EDF adjusts its 2025 nuclear production forecast to between 365 and 375 TWh, supported by the performance of its industrial programme START 2025 focused on maintenance efficiency.
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wpd solar France has launched construction of a 140.6MWc photovoltaic park in Marcy, in the Nièvre department, integrating agricultural co-activity across 632 hectares in partnership with five local farms.
Independent energy producer CVE has inaugurated a 12 MWc solar farm on municipal land in Volx, generating 19 GWh annually and an estimated €5mn in economic returns over 30 years.

Fuel consumption in France rises despite overall oil downturn

In September 2025, French road fuel consumption rose by 3%, driven by a rebound in unleaded fuels, while overall energy petroleum product consumption fell by 1.8% year-on-year.
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The 2025 edition of the Renewable Electricity System Observatory warns of the widening gap between French energy ambitions and industrial reality, requiring immediate acceleration of investments in solar, wind and associated infrastructure.
GreenYellow strengthens its presence in the French overseas territories with the acquisition of 18 rooftop photovoltaic installations in Réunion, totalling 3.1 MWc in capacity, as part of a strategy to consolidate its decentralised energy assets.

Agri-voltaics attract energy developers amid rural land tensions

The rapid rise of agri-voltaic projects in France raises concerns over agricultural impact, land speculation and the economic viability of a still-emerging model.
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The 2026 draft budget proposes eliminating tax incentives for B100 and E85 fuels, prompting opposition from agricultural unions concerned about the economic impact on the biofuel sector.
Airlines for Europe warns of insufficient sustainable fuel production in Europe and requests a delay in regulatory obligations if the European Commission does not act swiftly.

Enagás in talks to acquire GIC’s stake in French gas transporter Terega

Spanish gas infrastructure operator Enagás is in advanced talks to acquire the 32% stake held by Singapore’s sovereign wealth fund GIC in Terega, valued at around €600mn ($633mn), according to sources familiar with the matter.
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BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.
The United Nations nuclear agency is urging Ukraine and Russia to establish a local ceasefire to repair damaged power lines at the Zaporizhzhia plant, which remains on alert after losing all external power supply.

Egypt to drill 480 new oil and gas wells by 2030

Egypt’s petroleum ministry will launch 480 exploration wells by 2030 with investments exceeding $5.7bn, aiming to revive production and reduce reliance on imports.
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Société Ivoirienne de Raffinage receives major funding to upgrade facilities and produce diesel fuel in line with ECOWAS standards, with commissioning expected by 2029.
Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
In Uganda, 21 activists were arrested in Kampala for protesting against the EACOP oil project, backed by international players, highlighting the economic and geopolitical tensions surrounding this initiative.

Georgia launches its first refinery to secure its energy supply

Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.
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Masdar and TotalEnergies are collaborating to transform green hydrogen into methanol and sustainable aviation fuel (SAF) in Abu Dhabi, aiming to decarbonize the aviation and shipping sectors.
Zambia will import 200 MW of electricity from South Africa and Zimbabwe to compensate for severe power cuts caused by prolonged drought.

EDF inaugurates CEME 1, Chile’s largest solar power plant

EDF and Generadora Metropolitana launch CEME 1, a 480 MW solar power plant in the Atacama desert, to supply 500,000 homes.
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South Sudan is facing a severe economic crisis following the rupture of a pipeline crucial to its oil exports. This situation accentuates inflation and plunges the population into growing insecurity.
European Energy obtains approval for 500 MW of wind and solar projects in Romania, taking a key step towards their realization.

United Kingdom: British General Election 2024

The 2024 UK general election pits the Labour Party and Conservative Party against each other with distinct energy visions focused on renewables and decarbonization strategies.
Élections UK 2024 énergie
By 2023, marine renewable energies, dominated by offshore wind power, had generated over 8,300 jobs and doubled their sales, with strong growth in exports.
Ecuador is facing an almost 11% increase in the price of gasoline, a decision likely to provoke further protests in a country where fuel subsidies are a highly sensitive issue.

Russia Exceeds OPEC+ Oil Production Quotas in May

In May, Russia exceeded OPEC+ production quotas, but is committed to meeting its obligations by September 2025.
Russie quotas production pétrole OPEC+
French start-up Hopium, which promised the first hydrogen-powered sedan, has announced that it has been placed in receivership, leading to a 40% fall in its share price, but claims to have found the funding to continue its activities and develop its fuel cell technology.
Raven SR takes a crucial step towards renewable hydrogen production by obtaining a permit for its bioenergy project in Richmond, California. This approval marks a significant step forward in the conversion of organic waste into clean fuels and contributes to the reduction of CO2 emissions.

Nigeria: President Buhari inaugurates a mega-refinery before its commissioning

Nigerian president inaugurates Dangote's mega-refinery, offering the prospect of solving shortages and creating revenue. However, analysts doubt the actual start-up date of the refinery, which could be delayed until the end of 2024.
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Denmark takes a major step forward in the management of captured CO2 with the construction of its first large-scale facility in Aalborg. The Port of Aalborg and Fidelis New Energy unveil ambitious plans to process up to four million tons of CO2 per year, contributing to the country's emission reduction.
Floating wind resources are poised to become a crucial part of the U.S. energy transition. A look back at the industry's rapid growth prospects, the U.S. Department of Energy's ambitious goals, and development opportunities in California, Oregon and the Gulf of Maine.

France: The Senate votes one last time to revive nuclear power

The right-wing majority Senate has largely approved the nuclear revival bill to speed up the construction of new reactors, despite the opposition of the ecologist group, before the final adoption expected on May 16 in the National Assembly.
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TotalEnergies, the French oil major, is preparing for a climate debate with some of its shareholders at its general meeting on May 26. An advisory resolution on the group's indirect CO2 emissions, proposed by the activist shareholder organization Follow This, was included in the agenda of the AGM.
In the first quarter of the year, EDF recorded a 34.6% increase in revenues compared to the same period last year, despite a drop in its nuclear production. High energy market prices and the acquisition of new residential customers in France contributed to this growth.