Brussels moves towards methane rule delay as energy security pressure bites
The European Commission is examining a one-year postponement of methane requirements for imported fossil fuels due to take effect in January. No delay has yet been enacted, and changes would require approval from the European… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Denmark backs hydrogen export pipeline as commercial commitments lag
Denmark will raise long-term support for its hydrogen pipeline to Germany from DKK10.9bn to DKK16.5bn and temporarily guarantee up to DKK2.1bn of stranded costs. Developers must indicate demand for 0.5 GW of capacity this year, but only 0.1 GW must become financially guaranteed by the end of 2027. The agreement offers Britain a preview of […]
India commits $19.4bn to grid and storage as renewables outgrow network
India has approved a INR1.864tn programme to connect 135 GW of renewable generation and deploy 50 GWh of battery storage by 2032-33. Central government support will cover only part of the investment, leaving execution dependent on state utilities, competitive tenders and private capital. The programme confirms that transmission, storage and grid management are becoming as […]
OGCI members hit 2025 carbon target as methane emissions edge higher
The OGCI’s 12 oil and gas majors reduced aggregate upstream carbon intensity to 16.5kg CO₂e per barrel of oil equivalent in 2025, beating their voluntary target of 17kg. Methane intensity remained well below the group’s… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Wärtsilä and RCT launch Valo with 20 GWh storage portfolio as competition intensifies
Wärtsilä and German engineering company RCT Solutions have launched Valo as a 50:50 utility-scale battery storage joint venture, transferring Wärtsilä’s existing Energy Storage business into the new company. Valo starts with more than 20 GWh across over 130 projects, but that track record is inherited principally from Wärtsilä rather than representing new orders secured by […]