Octopus Energy Generation, one of Europe’s largest specialist renewables investors, is making a major Europe-wide push into the wind energy market, acquiring 321MW onshore wind farms across 17 sites. Its fund management team has invested €584m in wind farms in France, Germany and Poland, on behalf of the Sky fund it manages, accelerating homegrown power across key European markets. These wind farms will generate enough clean power for over 250,000 homes.
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UK Infinity Fusion Consortium to accelerate UK fusion power plant
Type One Energy, Tokamak Energy and AECOM have announced the UK Infinity Fusion Consortium to pursue development of the first private-sector-led fusion power plant project in the United Kingdom. Together, the companies intend to develop a fusion project that is commercially credible, deployable using existing enabling technologies, and capable of attracting private capital.
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Solar surge halts fossil generation rise as renewables overtake coal
Record solar growth meant clean power sources grew fast enough to meet all new electricity demand in 2025, thereby preventing an increase in fossil generation, according to Ember’s seventh annual Global Electricity Review . This was the first year since 2020 without an increase in electricity generation from fossil fuels and only the fifth year without a rise this century.
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Climate progress: from net-zero ambitions to the Paris Agreement goal
Climate targets require strong commitments from countries to be achieved. Using a multi-model analysis, new research shows that current net-zero pledges bring the world closer to a well-below 2 °C pathway, but an emission gap remains. Increasing ambition will be crucial: expanding the global coverage of net-zero pledges and speeding up action increases consistency with the Paris Agreement (1.5–2.0 °C range in model mean).
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Plan to scale hydrogen production from end-of-life oil fields
As demand accelerates for scalable, cost-effective hydrogen, Eclipse Energy and Wood have signed a memorandum of understanding (MOU) to collaborate on the commercialisation and global deployment of subsurface hydrogen production. The partnership comes as Eclipse transitions from technology validation to commercial execution, with multiple projects progressing this year.
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24 April 202624 April 2026Energy, Nature, Regulation, Updates
New coalition to set sustainability standards for AI data centres
Clear, credible benchmarks for sustainable data centre are being developed through the Greening AI Data Centres Coalition (GADCC). The coalition brings together nine of the world’s leading built environment, sustainability and finance organisations in response to the rapid global growth of AI-driven data centres and the increasing pressures these facilities place on energy systems and networks, water resources and local communities.
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Commission acts to protect Europeans from the fossil energy crisis
AccelerateEU is the Commission's toolbox to bring immediate relief to European households and industries, especially the most vulnerable ones, while putting Europe on a steady pathway to energy independence. Since the escalation of the conflict in the Middle East, the EU has spent an additional €24bn on energy imports due to higher prices – without receiving any extra energy.
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UK Government to reduce impact of gas prices on electricity costs
The UK Government is setting out new measures to reduce the impact that volatile gas prices have on the price of electricity. These measures will further reduce the share of electricity exposed to gas price shocks and provide generators the economic incentive to move on to fixed contracts not linked to volatile gas. This will be done by two means.
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Eurostat identifies significant increase in fuel prices in March 2026
UUntil February 2026, the price of fuels and lubricants for personal transport in the EU was generally decreasing, for the EU average and for most of EU countries. However, it increased significantly in March 2026, according to Eurostat. In March 2026, the price of fuels and lubricants in the EU increased by 12.9% compared with March 2025.
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MDBs work together to help build critical minerals to manufacturing value chains
The Multilateral Development Banks (MDBs) have issued a statement recognising the importance of working together to help build diversified, resilient and responsible critical minerals to manufacturing value chains, in order to scale up support for clean, affordable and reliable energy access, as well as the digital and economic transformation of their client countries.
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First hydrogen transmission network operator on path to independence
The European Commission has issued a positive opinion in the process of certifying GAZ-SYSTEM as a hydrogen transmission network operator. The company is the first in Europe to undergo the certification procedure in this area, securing confirmation of compliance with EU regulations. This is the next big step in building a new energy market and confirms the company’s role in the energy transition taking place in the region.
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The EU has cut its greenhouse gas emissions by 40% since 1990
The European Union's greenhouse gas emissions fell a further 3% between 2023 and 2024, bringing the EU’s total emission reductions to 40% below 1990 levels, according to official EU data sent to the United Nations Framework Convention on Climate Change and a European Environment Agency (EEA) analysis. The EU greenhouse gas inventory was prepared and submitted to the UN body by the EEA on behalf of the EU on 15 April.
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Flight cancellations in Europe due to dearth of jet fuel
The International Air Transport Association (IATA) has issued a statement saying that the International Energy Agency's assessment of potential jet fuel shortages is sobering. "We have also estimated that by the end of May we could start to see some cancellations in Europe for lack of jet fuel. This is already happening in parts of Asia. Along with doing everything possible to secure alternative supply lines, it’s important that authorities have well-communicated and well-coordinated plans in place in case rationing becomes necessary, including for slot relief,” said Willie Walsh, IATA's Director General.
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Oil demand set to decline the sharpest since Covid cuts
Oil demand is expected to contract by 80 kb/d this year, as the Iran war upends the International Energy Agency's (IEA's) global outlook. This is 730 kb/d less than in last month’s report and a forecast 1.5 mb/d 2Q26 decline would be the sharpest since Covid-19 slashed fuel consumption. Initially, the deepest cuts in oil use have come in the Middle East and Asia Pacific, mainly for naphtha, LPG and jet fuel. However, demand destruction will spread as scarcity and higher prices persist.
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New approaches needed to address supply chain risks for rare earth elements
Rare earth elements are moving rapidly to the forefront of global policy making for energy, transport, advanced manufacturing and digital technologies as demand continues to expand while supply chains remain highly concentrated, according to a new International Energy |Agency (IEA) report developed to inform G7 discussions this year.