The new CorPower 4 device will form part of a four-system HiWave-5 project, off the coast of Aguçadoura in Portugal – creating what is claimed will be the world’s first grid-connected wave farms

The measure, which will be implemented by lowering the input costs of fossil fuel-fired power stations, has been approved after recognising the two economies are ‘experiencing a serious disturbance’ following the increase in prices after Russia’s invasion of Ukraine

Under the Temporary Crisis Framework, the public support will provide limited amounts of aid, not exceeding €400,000 per beneficiary, in light of Russia’s invasion of Ukraine

This is four years earlier than previously planned

Extreme temperatures are to blame for 3,626 deaths registered in the UK, according to new research

They will have a total capacity of 86MW and generate enough electricity to power more than 48,000 homes

The project is forecast to increase the storage capacity of the Portuguese grid by 30%

Blending 20% hydrogen into the gas grid could see industrial customers’ energy bills surge 24%, according to new research

The Swedish-headquartered developer CorPower has developed what is described as the world’s largest wave energy test rig

Pension fund USS has invested £200 million to secure a 50% stake in solar energy developer Bruc Energy