Investors including Allianz SE and Abu Dhabi’s sovereign wealth fund, already suing Norway’s government in a gas-tariff dispute, are petitioning for tax relief to cut costs of a natural gas terminal and pipeline.
Three utilities scrapped plans to extend the world’s biggest offshore wind farm, saying they had doubts they could satisfy concerns about how the facility would affect the habitat of a bird in the estuary east of London.
After weeks of turmoil that ended in street protests and a government split, Dong Energy A/S Chief Executive Officer Henrik Poulsen says a cash infusion from Goldman Sachs Group Inc. will resurrect the Danish utility.
Poland, where 90 percent of power comes from coal, may be an unlikely clean-energy hub. Yet wind capacity that almost doubled in two years is set to grow further as developers rush to start projects before subsidies change.
Danish Prime Minister Helle Thorning- Schmidt is rebuilding her Cabinet after a coalition partner quit in protest over allowing Goldman Sachs Group Inc. to buy a stake in the state-owned energy company.
As night turned to day on Jan. 30, Denmark’s biggest newspapers were predicting Prime Minister Helle Thorning-Schmidt’s coalition would survive a dispute over letting Goldman Sachs Group Inc. buy part of Dong Energy A/S.