By

Catherine Hunter

Published on

June 4, 2026

Welcome to This Week in Energy - your regular update on the latest global news and developments from across the energy sector.


🇵🇹 EDP begins solar project in Japan involving Amazon, O Jornal Económico 

EDP has opened its biggest Japan solar project: a 44MWp park in Fukushima under a long-term PPA with Amazon. It should generate 48GWh+ a year and supports both firms’ net-zero goals.

🇮🇹 Italy’s high energy prices threaten industrial competitiveness, says Confindustria, ANSA 

Confindustria says high energy prices are an existential threat to Italian industry. It wants faster approval of large-scale renewables to cut power costs and boost energy security.

🇳🇱 Dutch Government designates new areas for offshore wind energy, Rijksoverheid

The Netherlands has designated three new offshore zones for 10GW of wind. The sites prioritise green hydrogen production to ease grid congestion.

🇫🇷 Emmanuel Macron seeks to rally industry leaders to accelerate France’s electrification, Le Monde 

At the Élysée, business leaders announced new investment projects to accelerate France’s electrification. The initiatives span construction, industry, transport and energy.

🇧🇪 Can nuclear and renewables really be complementary in Belgium? L’Echo 

Belgium’s steady nuclear fleet doesn’t flex well with variable wind and solar, risking surpluses and grid stress. Both can work if Belgium scales flexibility and sets a clear long-term nuclear plan.

🇩🇪 Canada and Germany’s SEFE to sign extensive LNG deal, Handelsblatt 

Canada is reportedly nearing an LNG supply deal with Germany’s Sefe from the planned Ksi Lisims terminal. The project still hasn’t reached final investment decision.

🇩🇪 Federal Network Agency keeping grid privilege for battery storage systems in place, Handelsblatt 

Germany won’t end the grid-fee exemption for battery storage early. Projects commissioned by 4 Aug 2029 still get 20 years with no network charges.

🇪🇸 Brussels approves €9 billion support scheme for Spanish power companies to safeguard electricity supply, El País 

Brussels has approved a €9bn Spanish capacity mechanism to back generation, storage and demand response. It aims to support grid stability and security of supply as renewables scale.

🇬🇧 Energy bills in Britain to jump 13% on impact of Iran war, Reuters 

Ofgem has raised the UK price cap by 13% from July, lifting the average bill to £1,862. That’s about £221 more than the £1,641 cap for April–June, driven by higher wholesale gas prices.

🇺🇸 U.S. energy storage expands to support growing power needs, The Wall Street Journal 

U.S. battery storage is booming to meet demand from AI and electrification. Capacity could triple by 2030, but policy and permitting may slow it.

🇺🇸 US clean energy is booming and unravelling at the same time, Electrek

Clean-energy projects are surging to secure incentives. Policy uncertainty is driving cancellations and lost investment.

🌍 Indo-Pacific power markets: short-term fossil “buffer”, long-term renewables + nuclear push, BowerGroupAsia

Indo-Pacific nations are boosting renewables, but leaning on fossil and nuclear short term. AI demand and energy-security instincts may slow cross-border power sharing.

🌍 The next phase of South-east Asia’s energy transition: fixing the grid, The Business Times 

South-east Asia’s energy transition is shifting. The key challenge is upgrading grids to move clean power reliably to where it’s needed.

🌍 China’s secret weapon in AI race with US? Lots of cheap energy, Al Jazeera 

The U.S. leads in advanced AI chips, but China may have an edge in cheap, abundant electricity. As AI depends on data centres, reliable low-cost power is a major advantage.

🌍 MidEast conflict forces Asia to shift energy investments, Asian Power

Asia is rethinking energy investment as Middle East conflict disrupts supply routes. The IEA says energy security and trade reliability are driving the shift.

🌍 India’s ‘city of glass’ under pressure as Gulf crisis chokes off energy, Financial Times

Gulf gas disruptions have sent energy prices soaring in India’s “city of glass,” forcing factories to cut output. A local industry leader called it their worst-ever crisis.

🌍 Blackout in Sumatra and the threat to Indonesia’s energy transition, The Jakarta Post 

Sumatra’s May 2026 blackout wasn’t just a one-off technical fault. It exposed deeper grid weaknesses that threaten Indonesia’s energy-transition goals.


Stay tuned for our next news update. In the meantime, check out our energy page for more information.