Month: October 2026

How renewables can cut Europe’s energy bills and inflation

How renewables can cut Europe’s energy bills and inflation

October 19, 2026 |

Fossil fuel dependency is a threat to the EU – to its economy as much as to its climate. Fossilflation is happening in front of our eyes, with higher global oil and gas prices pushing inflation towards 3% as of July 2026. But Europe’s energy affordability crisis is not simply the result of temporary geopolitical shocks. It is the result of a structural dependence on volatile fossil fuels. If Europe wants lower bills, stronger industry, and protection from future fossil fuel price shocks, it cannot treat renewable investment as optional or purely environmental. It must treat it as critical price-stability infrastructure. That means using all available tools, including monetary policy and public finance, to accelerate the shift away from fossil fuels.

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How Vietnam can meet rising energy demand more efficiently

How Vietnam can meet rising energy demand more efficiently

October 19, 2026 |

Vietnam’s economic growth is creating an increasingly urgent energy challenge. As industrial production expands, cities grow and living standards rise, the country needs more electricity to sustain development. Hotter weather is adding pressure. Vietnam will need new generation and transmission infrastructure. But the central challenge is no longer simply how much capacity the country can build. It is how effectively that capacity can be converted into dependable electricity when and where people and businesses need it. Meeting rising demand efficiently therefore requires action across the entire power system: reducing avoidable consumption, shifting demand away from peak hours, modernizing the grid and expanding storage.

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U.S. Power Sector Shift: Report

U.S. Power Sector Shift: Report

October 16, 2026 | , ,

Clean power growth slows while fossil power rebounds: Clean power continues to account for the largest share of planned U.S. power sector development, the “pipeline” of future capacity, but growth has slowed from its 2024 peak. Meanwhile, fossil power announcements have increased since 2022, suggesting electric utilities and energy developers are recalibrating their priorities in response to evolving federal policy and projected rapid load growth, relying on methods to evaluate resource adequacy that favor traditional dispatchable resources.

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Unsupported Renewables: CEER Report

Unsupported Renewables: CEER Report

October 16, 2026 | , ,

The coming years, with rising capacity reaching the end of support, will show whether and how Member Countries adapt their legal schemes, including to make decommissioning less attractive. Challenges such as balancing responsibility and small operators’ market participation may intensify as more installations leave support. The data provided by regulators is published alongside the report so readers can carry out their own analysis. Some of it does not clearly distinguish between post-support installations and those that never received support.

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World Energy Transition: IRENA Report

World Energy Transition: IRENA Report

October 16, 2026 | ,

The report titled “World Energy Transition Outlook 2026” published by the International Renewable Energy Agency (IRENA) examines that, the global energy transition has entered a new phase. Renewable energy deployment continues to break records, technology costs have fallen significantly and electrification is advancing across transport, buildings and industry. Compared with previous editions of the World Energy Transition Outlook, current government plans target higher renewable energy deployment, greater electrification of end-use sectors and a focus on clean hydrogen and enabling technologies.

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Nel Hydrogen secures $12 million PEM Electrolysers order

Nel Hydrogen secures $12 million PEM Electrolysers order

October 15, 2026 | , ,

Nel Hydrogen US, a subsidiary of Nel ASA, has received a purchase order from a US-based global technology company for multiple containerised PEM electrolysers from its MC-series, along with related services. The order is valued at approximately $12 million. Furthermore, the electrolyser stacks will be manufactured at Nel’s facility in Wallingford, Connecticut, US. The units are expected to be delivered in 2027.

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ACCIONA to develop 2 GW offshore wind transmission project 

ACCIONA to develop 2 GW offshore wind transmission project 

October 15, 2026 | , ,

ACCIONA has been selected as the development partner for the Gippsland offshore wind transmission project in Victoria, Australia. The 2 GW project will support the connection of offshore wind generation in Gippsland to Victoria’s electricity grid.  Furthermore, ACCIONA will contribute its expertise in financing, design, construction, operation and maintenance as the project progresses towards delivery.

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METLEN and Karatzis Group inaugurate 790 MWh BESS in Greece

METLEN and Karatzis Group inaugurate 790 MWh BESS in Greece

October 15, 2026 | , ,

METLEN and Karatzis Group have inaugurated a standalone battery energy storage system (BESS) in Larissa, Thessaly, Greece. The facility has an installed capacity of 330 MW/790 MWh. The project was developed through a joint investment vehicle in which METLEN and Karatzis Group hold 49 per cent and 51 per cent stakes, respectively. METLEN was responsible for the construction, operation, and maintenance of the facility.

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Leader Energy begins construction of 400 MWh BESS in Malaysia

Leader Energy begins construction of 400 MWh BESS in Malaysia

October 14, 2026 | , ,

Malaysia-based Leader Energy Group Berhad has commenced construction of a 100 MW/400 MWh battery energy storage system (BESS) in Pajam, Negeri Sembilan, with commissioning scheduled for 2027. The project is being developed under Malaysia’s Battery Energy Storage System bidding programme (MyBeST). Administered by Malaysia’s Energy Commission, MyBeST comprises four grid-connected BESS projects, each with 100 MW of power capacity and 400 MWh of storage capacity.

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New York announces $200 million for 565 MW solar projects

New York announces $200 million for 565 MW solar projects

October 14, 2026 | , ,

The New York State Energy Research and Development Authority (NYSERDA) has announced a framework to deploy $200 million through the state’s Sustainable Future Program to expand access to affordable solar energy. The funding will be administered through the NY-Sun Program, with incentives disbursed after project completion. It is expected to support the deployment of approximately 565 MW of solar capacity.

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The shift to clean energy is now irreversible: United Nations’ Simon Steill

The shift to clean energy is now irreversible: United Nations’ Simon Steill

October 13, 2026 |

The Action Agenda is a vital part of the work ahead. It’s where business, investors, governments, cities and regions, and many more, come together to deliver real economy actions. In other words, it’s the fast lane to more implementation. Key to helping countries to put their national climate plans into practice. And there is value in strengthening it within the international process, to complement negotiations, which will remain front and centre. Getting almost 200 countries to agree on every word is incredibly hard but incredibly important. No single COP can fix this global crisis, but each takes meaningful steps forward.

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Ørsted to acquire 172 MW offshore wind farm in UK

Ørsted to acquire 172 MW offshore wind farm in UK

October 13, 2026 | , ,

Ørsted has exercised its buyback right to acquire the remaining 49.9 per cent stake in the 172 MW Gunfleet Sands 1 & 2 offshore wind farm in the UK for approximately £15 million. Ørsted currently owns 50.1 per cent of the project. The transaction is expected to be completed in November. The project is located 7 km off the Essex coast in the UK and has been operational since 2010.

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Hydropulse signs agreement for 150 MW green hydrogen project

Hydropulse signs agreement for 150 MW green hydrogen project

October 13, 2026 | , ,

ITM Power’s subsidiary, Hydropulse, has signed heads of terms with a European oil refinery for a 150 MW green hydrogen project. The project will use ITM Power’s Alpha electrolyser platform to produce green hydrogen at the refinery under a 10-year agreement. The two parties are already carrying out a joint front-end engineering design study. he project is targeting a final investment decision in 2027, with hydrogen production expected to begin in 2029.

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Arevon signs REC contracts for 200 MW solar project in Illinois

Arevon signs REC contracts for 200 MW solar project in Illinois

October 13, 2026 | , ,

Arevon Energy has signed three 20-year indexed renewable energy credit (REC) contracts with Ameren Illinois, Commonwealth Edison Company, and MidAmerican Energy Company for its 200 MWac/275 MWdc Panther Energy Project in Perry County, Illinois. The project is expected to begin construction in 2027 and be completed in 2028. The contracts follow Panther Energy’s selection in the Illinois Power Agency’s Summer 2026 Indexed REC procurement, which the Illinois Commerce Commission approved.

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TotalEnergies and KKR to add 700 MW renewables in US

TotalEnergies and KKR to add 700 MW renewables in US

October 12, 2026 | , ,

TotalEnergies and KKR have signed an agreement to add a 700 MW portfolio of renewable energy assets to their existing 50:50 joint venture (JV) in the US, which currently holds 1.4 GW of capacity. The portfolio includes three utility-scale solar projects located in Texas and Ohio, which are expected to begin commercial operations by the first quarter of 2027. Furthermore, the electricity generated by these projects has already been sold to third parties or will be marketed by TotalEnergies.

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Metacon secures EU funding for hydrogen project

Metacon secures EU funding for hydrogen project

October 12, 2026 | , ,

Metacon’s fully owned Greek subsidiary, Metacon SA, has received EU funding for its participation in the PUREHY2+ project. The project aims to develop an integrated system that will allow biogas producers to produce high-purity hydrogen while capturing carbon dioxide on site. The total project budget is €1.63 million, and it will run for 36 months. Metacon’s share of the budget is €235,022, of which €188,018, or 80 per cent, is covered by EU funding.

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Eskom launches 6 GW renewables tender

Eskom launches 6 GW renewables tender

October 12, 2026 | ,

Eskom Holdings has launched a request-for-qualification process (RFQ) to select renewable energy partners for its Eskom Green phase 1 programme. The programme will cover up to 6 GW of utility-scale renewable energy and energy storage projects, including solar photovoltaic (PV), battery energy storage systems (BESS), wind and other renewable technologies.

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Western US Electricity Markets and Affordable Power

Western US Electricity Markets and Affordable Power

October 12, 2026 |

The western U.S. grid is entering a historic period of transformation. Today, moving low-cost power across the region is often complicated by a maze of separate trading agreements among grid managers, known as balancing authorities (BA). New day-ahead markets are designed to change that by making it easier to share power across BAs, helping reduce electricity costs, strengthen grid reliability, and accelerate clean energy deployment across the West. However, the success of these benefits depends on the rules that govern how day-ahead markets operate and coordinate with one another. 

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SEA’s Energy Transition, Investments and Infrastructure Imperative

SEA’s Energy Transition, Investments and Infrastructure Imperative

October 12, 2026 | ,

Southeast Asia is entering a decisive phase in its economic and energy development. Rapid industrialisation, urbanisation, rising incomes and the expansion of manufacturing and services are driving strong growth in energy demand, while the region’s increasing integration into global supply chains is creating new requirements for reliable and affordable power. At the same time, recent geopolitical disruptions have exposed the vulnerabilities of an energy system that remains heavily dependent on imported fossil fuels. The region must expand its energy system at scale while simultaneously making it more secure and diversified, and also reducing the sector’s carbon emissions.

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EU Priorities for COP31

EU Priorities for COP31

October 12, 2026 | ,

COP31 must be a COP of implementation. The EU should use its political and economic weight to help translate the outcomes of the first Global Stocktake into concrete action: a just transition away from fossil fuels, scaled-up and accessible climate finance, strengthened adaptation and loss and damage support, and an accountable implementation framework grounded in equity, CBDR-RC, science, justice and human rights. This requires coherence between the EU’s domestic policies, its international climate diplomacy and its approach to finance, trade and economic governance.

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