Author: EnergyNews.biz Newsroom

BP’s decision to write down up to $5 billion from its gas and low carbon energy division places a hard number on what has been an increasingly visible problem for the company: its early and aggressive push into renewables has failed to deliver competitive returns relative to its peers.

Fortum’s framework agreement with Helsinki-based Steady Energy highlights how established nuclear operators are positioning themselves to support heat-focused small modular reactors, with operational credibility and regulatory confidence becoming as critical as reactor design.

China’s power grid operators have reduced fault response times to roughly 0.1 seconds, a performance threshold that highlights how system stability, rather than generation capacity alone, is becoming the limiting factor in highly electrified economies.

PuriFire Energy has obtained funding from the Circular Bio-based Europe Joint Undertaking (CBE JU) for its WoodVALOR project, aiming to transform contaminated waste wood into higher-value products using advanced bio-processing technologies.

China’s first commercial land based small modular reactor moved closer to grid operation in December after the ACP100 demonstration project at Changjiang in Hainan completed its non nuclear turbine steam run on the first attempt, according to China National Nuclear Corporation.

India has taken a major step toward becoming a global exporter of renewable hydrogen and ammonia through a long-term offtake agreement signed between AM Green Ammonia India and Uniper Global Commodities.

The UK government’s Phase Two reports from the Direct Air Capture and Greenhouse Gas Removal Innovation Programme reveal early but instructive results from a diverse portfolio of carbon removal technologies.

India and Germany reinforced their strategic ties on Monday, signing multiple Memorandums of Understanding in the presence of Prime Minister Narendra Modi and German Chancellor Friedrich Merz.

Germany added an estimated 6.57 gigawatt-hours of stationary battery storage capacity in 2025, lifting the country’s total installed capacity to approximately 24 gigawatt-hours.

China has sharply criticised the European Union’s Carbon Border Adjustment Mechanism (CBAM), describing aspects of the scheme as discriminatory and misaligned with the country’s green development progress.