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UK produces record amount of wind power, easing gas crisis

Bloomberg Britain’s wind farms generated a record amount of electricity this year as gusty weather and a growing fleet of turbines softened the impact of soaring natural gas prices. Wind power will be a critical factor in how well Europe manages an energy crisis that’s already cost more than $1 trillion. Higher wind speeds will ease the need to burn ...

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Green methane may solve hydrogen export dilemma: Fortescue

Bloomberg Fortescue Future Industries (FFI), one of the leading proponents of hydrogen, is exploring a more efficient way to ship the zero-emissions fuel overseas by using “green methane.” Green methane — essentially synthetic natural gas made using renewable energy — is a promising technology that would avoid the costs and technical difficulties of liquefying pure hydrogen, according to Mark Hutchinson, ...

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BHP makes $6.4bn binding offer to acquire OZ Minerals

  Bloomberg BHP group Ltd has made a binding offer to acquire Australian copper producer OZ Minerals Ltd. for $6.4 billion, securing its biggest deal in more than a decade and boosting exposure to key materials used in clean energy and electric cars. The A$28.25-a-share bid, first announced in November, will now go to shareholders for approval in late March ...

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