Australia could soon host its first offshore wind farm. Australian company Offshore Energy has signed an MoU with the national government and state of Victoria concerning the 2 GW project "Star of the South," which will consist of 250 turbines.
This is according to the Government of Victoria.
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European lawmakers demand action to rein in gas prices, and the EU Commission has drafted a plan. However, gas prices constitute tricky puzzle: No matter how it’s approached, Europe faces an energy shortage in the next six months. The only way to help consumers is through aid, but this is a potentially costly and dangerous path, says analyst.