Europe
EU Carbon Market Reform Seeks to Stabilize Permit Prices
The European Union is working on the design of a new funding mechanism valued at about โฌ30 billion to support its clean-energy transition while avoiding disruption to the blocโs carbon trading system. The proposed instrument, based on 400 million...
Europe
EU Energy Standards for Data Centres Address Power Demand
The European Union is moving ahead with new measures aimed at improving the energy performance of data centres as electricity demand from the sector continues to rise sharply. Under the blocโs revised Energy Efficiency Directive, the European Commission is...
Companies
Chinese Ming Yang Joins the Norwegian Offshore Wind Industry
The European arm of Ming Yang Smart Energy Group Ltd, the Chinese wind turbine manufacturer, has become a member of Norwegian Offshore Wind, an industry organisation representing nearly 300 companies across Norwayโs offshore wind value chain. The development strengthens...
Companies
Vattenfall and Nscale Secure Sustainable AI Infrastructure Power Agreement
In a key development for enterprise leaders focused on scaling transformative AI systems, Vattenfall and Nscale have formalized a long-term renewable power agreement. This contract will supply the inaugural phase of Nscaleโs hyperscale data center in Kvandal, northern Norway....
Europe
British Hydropower Association Issues Technical Framework for Pumped Storage Infrastructure
The British Hydropower Association (BHA) has released new pumped storage safety guidance aimed at modernizing the reservoir safety framework for pumped storage hydropower (PSH) schemes across the UK. This publication addresses the increasing deployment of pumped storage projects designed...
Europe
UK Reforms Offshore Wind Environmental Compensation Rules to Accelerate Clean Energy Development
Legislation that came into force on Thursday, 21 May 2026, introduces significant changes to how offshore wind developers in the United Kingdom can fulfil their environmental obligations, broadening the range of compensatory measures available when projects affect protected marine...
Europe
Italy to Allocate 10 GW of Solar Capacity in Renewable Energy Auctions Through 2027
Italy's energy management authority, Gestore dei servizi energetici (GSE), has outlined an ambitious schedule for Italy solar capacity auctions spanning 2026 and 2027. The organization announced that its renewable energy FerX auctions will distribute 10 gigawatts of photovoltaic capacity...
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