News Powered By AI
News Powered By AI
Long-duration energy storage startup Antora Energy secured $550 million in Series C funding to expand its thermal battery technology, which stores energy as heat in solid carbon blocks for industrial and grid applications.
Germany’s hydrogen freight program received 526 applications for €220 million in subsidies, but analysis suggests the high interest reflects generous subsidy terms rather than genuine market demand for hydrogen trucks and infrastructure.
A heatwave across Europe has driven electricity prices to multi-year highs as soaring demand for cooling coincides with reduced renewable generation and multiple power plant outages.
The British Chambers of Commerce director urged Andy Burnham to permit extraction at North Sea oil and gas fields to prevent significant job losses in Scotland and the northeast during the energy transition.
Great Britain’s state-owned grid operator faced allegations that senior management pressured staff to downplay power system strain during June heatwaves, prompting an independent investigation.
KKR and Energy Capital Partners have agreed to acquire FTSE 100 energy firm DCC for £5.75bn, despite opposition from founder Jim Flavin and major shareholders who view the offer as undervalued.
