Wind farm

The Block Island Wind Farm, photographed in 2016, is located in waters off the east coast of the United States.DON EMMERT | AFP | Getty ImagesThe White House said Thursday it was targeting 15 gigawatts of floating offshore wind capacity by the year 2035, as it looks to compete with Europe and Asia in the nascent sector."The Biden-Harris Administration is launching coordinated actions to develop new floating offshore wind platforms, an emerging clean energy technology that will help the United States lead on offshore…

A Siemens logo in Germany. The industrial giant says that a newly commissioned green hydrogen plant in the country will use wind and solar power from the Wunsiedel Energy Park.Daniel Karmann | Picture Alliance | Getty ImagesA green hydrogen generation plant described as one of the largest in Germany is open, with industrial giant Siemens saying it will produce 1,350 tons of hydrogen every year.In a statement Wednesday, Siemens said the facility would use wind and solar power from the Wunsiedel Energy Park in Upper…

Jacob Rees-Mogg photographed in London on Sept. 7, 2022. The lawmaker recently called for more fossil fuel extraction from the North Sea.Carl Court | Getty Images News | Getty ImagesLONDON — The U.K.'s new secretary of state for business, energy and industrial strategy is a lawmaker who recently called for more fossil fuel extraction from the North Sea and described fracking as an "interesting opportunity."Jacob-Rees Mogg, who is the MP for North East Somerset in the southwest of England, was confirmed in his role on…

The uptake of electric vehicles has increased in recent years, as countries around the world attempt to reduce the environmental effects of transportation.Simonskafar | E+ | Getty ImagesRecent comments from Elon Musk about the need for more oil and gas reflect a broader concern that the uptake of electric vehicles will be hampered by rising electricity prices, according to the head of equity strategy at Saxo Bank.Speaking to CNBC's "Street Signs Europe" on Tuesday morning, Peter Garnry said car manufacturers would face…

One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts.OrstedA facility described by Danish energy firm Orsted as the "world's biggest offshore wind farm" is now fully operational, with its 165 turbines set to help power in excess of 1.4 million U.K. homes.Situated roughly 89 kilometers (approximately 55 miles) off the coast of Yorkshire, England, the scale of Hornsea 2 is considerable.According to Orsted, it has a capacity of…

A nuclear power plant photographed in Germany, on August 4, 2022. Discussions about nuclear's role in Europe's biggest economy have been thrown into sharp relief following Russia's unprovoked invasion of Ukraine in February.Lennart Preiss | Getty Images News | Getty ImagesNuclear has a role to play in the years ahead but it should not be seen as a "transformational" technology, according to Goldman Sachs.The comments from Michele Della Vigna come after a recent report from Goldman Sachs Research looked at whether Europe…

This image, from May 2022, shows solar panels in Worcestershire, England. The recent hot weather in the U.K. has led to a discussion about the optimum conditions for solar power.Mike Kemp | In Pictures | Getty ImagesLast week saw temperatures in the U.K. surge, with highs of over 40 degrees Celsius (104 degrees Fahrenheit) recorded for the first time ever.The news out of the U.K. — which experienced a number of significant weather-related disruptions — came as other parts of Europe grappled with a heatwave that caused…

Floating solar panels in the Netherlands. A number of major energy firms are looking into the potential of combining floating solar with other energy sources.Mischa Keijser | Image Source | Getty ImagesGerman energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North Sea, as part of a wider collaboration focused on the development of "floating solar parks."Set to be installed in waters off Ostend, Belgium, the pilot, called Merganser, will have a capacity of…

On Wednesday, Shell said the Holland Hydrogen I facility would be "Europe's largest renewable hydrogen plant" when operations start in 2025. Shell is one of several big firms looking to lay down a marker in the sector.Ina Fassbender | AFP | Getty ImagesPlans to build a major hydrogen plant in the Netherlands will go ahead following a final investment decision by subsidiaries of oil and gas giant Shell.In an announcement Wednesday, Shell said the Holland Hydrogen I facility would be "Europe's largest renewable hydrogen…

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it "green" hydrogen.Alex Kraus | Bloomberg | Getty ImagesSiemens Energy and Air Liquide have announced plans to set up a joint venture focused on the production of "industrial scale renewable hydrogen electrolyzers in Europe."The move, announced on Thursday, represents the latest attempt to find a way to drive "renewable"…