Biden to host EU chief as Europe hopes to avoid subsidy race with the U.S.
President of the European Commission, Ursula von der Leyen (L) speaks with US President Joe Biden. Both are meeting in D.C. Friday.Leon Neal | Getty Images News | Getty…
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Enel SpA
Tesla is not the only company reviewing its Europe investment after Biden’s IRA
Elon Musk, Tesla CEO, on a stage at the Tesla Gigafactory in Grünheide, Germany.Picture Alliance | Picture Alliance | Getty ImagesTesla recently announced a strategy shift away…
Biden’s IRA has left Europe blind-sided. And playing catchup could lead to 2 big mistakes
US President Joe Biden, front, and Ursula von der Leyen, president of the European Commission.Bloomberg | Bloomberg | Getty ImagesThe European Union is working against the clock to…
U.S. pledges to ramp up supplies of natural gas to Britain as Biden and Sunak seek to cut off Russia
Rishi Sunak and Joe Biden photographed on the sidelines of the G20 Summit in Indonesia on Nov. 16, 2022.Saul Loeb | AFP | Getty ImagesLONDON — The U.K. and U.S. are forming a new…
Energy markets are facing ‘one or two years of extreme volatility,’ Enel CEO says
This image, from March 2022, shows wind turbines and gas storage facilities in Germany. Europe's energy markets have experienced turbulence in recent months.Jan Woitas | Picture…
Energy CEO calls out Europe’s ‘foolish’ dependence on natural gas
Enel's Francesco Starace photographed during the World Economic Forum in Switzerland on May 24, 2022. During an interview with CNBC on Friday, Starace said dependence on gas was…
Burning gas to produce electricity is ‘stupid,’ the CEO of power giant Enel says
Enel CEO Francesco Starace photographed in 2019. In an interview with CNBC on May 24, 2022, Starace said "you can produce electricity better, cheaper, without using gas."Giulio…
Green hydrogen hub backed by $5 billion of investment planned for the UAE
Solar panels in Abu Dhabi, April 2019.Martial Colomb | Photodisc | Getty ImagesFrance's Engie and Abu Dhabi-based renewable energy business Masdar have established a strategic…
Huge $2.6 billion green hydrogen project planned for Europe
The Iberdrola Tower in Bilbao, Spain.SOPA Images | LightRocket | Getty ImagesSpanish power company Iberdrola and Sweden's H2 Green Steel are to partner and develop a major facility…
‘For us, it is not a solution’: Enel CEO skeptical over the use of carbon capture
The CEO of multinational Italian energy firm Enel has expressed doubt on the usefulness of carbon capture and storage, suggesting the technology is not a climate solution."We have…