Canada’s Enbridge Inc (ENB.TO) on Wednesday set out plans to invest C$3.3 billion ($2.4 billion) in natural gas and liquids infrastructure and renewable power this year, and said there were better investment opportunities in the U.S. due to green energy subsidies. The Calgary-based company said the Biden administration’s Inflation Reduction Act, a $430-billion clean energy […]
Enbridge Seeks Tax Credits for Push Into Hydrogen, CO2 Capture
Enbridge Inc.’s push into new frontiers of the energy transition such as carbon capture and clean hydrogen production could use Canadian tax credits similar to those in the U.S., the company’s CEO said. North America’s biggest oil pipeline company, which for years has invested in wind and solar power projects, is also looking at gaining […]
Europe’s Offshore Wind Market Continues Hammering Down Costs
Europe may lose ground to China in the years ahead, but recent announcements underscore its centrality to the global offshore wind market. Momentum is growing for U.S. offshore wind, and expectations for China are sky-high. But Europe is where the real market action is happening today, as a flurry of recent news highlights. Last week, […]
