Denmark backs €2.5 billion carbon capture subsidy for Aalborg Portland
Denmark has signed a 16.5 billion crown (~€2.2 bn or £1.9 bn) contract with cement producer Aalborg Portland to subsidise carbon capture and storage (CCS) at its clinker plant from 2030. The subsidy amounts to about 875 crowns (€117)… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Sentrisense secures contract with TenneT to scale dynamic line rating across high-voltage network
Sentrisense has signed a multi-year, multi-million euro contract with TenneT to deploy its Dynamic Line Rating (DLR) sensor technology and supporting software across selected high-voltage overhead lines. The agreement marks a significant step in TenneT’s move from targeted DLR applications to a scalable, data-driven approach to grid capacity management. As transmission grids face higher demand, […]
Norway orders review of 35 billion NOK floating wind subsidy
Norway’s parliament has unexpectedly ordered a review of a 35 billion NOK (£2.6 bn) subsidy for the Utsira Nord floating wind project, raising uncertainty over Europe’s largest planned floating wind zone. The 1.5 GW project, divided into three… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
UK invests £50 million in Somerset flood resilience amid record rainfall
The UK government has announced a £50 m package to bolster flood defences in Somerset after the county experienced its second‑wettest January on record, with more than double its average rainfall and storms causing widespread flooding. Existing defences protected about 2,860 properties, but around 80-90 properties and 30 sq. miles of agricultural land flooded; the new […]
SSEN Transmission joins European cyber network as grid threat levels rise
SSEN Transmission has joined the European Network for Cyber Security as an Information & Knowledge Sharing member, connecting the UK transmission operator with a network focused on strengthening cybersecurity across critical energy infrastructure. The move… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
BP’s new organisational structure – a return to upstream and downstream
BP will reorganise into two main business units – upstream and downstream – under new chief executive Meg O’Neill. The change reverses former CEO Bernard Looney’s 2020 restructure that created separate gas & low‑carbon, production &… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]