Eu

PowerGrid Technology

Digital Opportunities to Secure Europe’s Power Supply

Digitalisation offers many opportunities to secure Europe’s power supply over the coming seasons, Siemens has reported.

Carbon Emissions

EU Bans Goods Linked to Deforestation

New checks will now be in place before items are imported onto the continent – to understand their impact on forestry.

Natural Gas

ICE Warns EU Gas Price Cap Could See Prices Rise

An exchanges operator has warned the European Union that its proposal to cap gas prices would make it more likely that prices rise to hit the cap.

Romania

MET Group Enters Romanian Renewables Market

Swiss-based European energy company, MET Group, has announced its entry into the Romanian renewables market, with the acquisition of a 100% stake in a solar pro…

Energy Investment

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…

Offshore Wind Power

Orsted Eyes One of Europe’s Largest Green Hydrogen Plants to Tap North Sea Offshore Wind

Danish renewables giant partners with compatriot developer for power-to-x facility it says could grow to 3GW of electrolysis

EU

Germany Says Borrowing More Money to Compete With the U.S. Would Be a ‘Threat’ to Europe

European Commission President Ursula von der Leyen said Sunday “new and additional funding at the EU level” will be needed to make European companies more com…

Electric Car

Prices of EVs Could Rise by 10% In 2024

That’s the warning from carmakers, after EU rules on manufacturing are set to change in two years.

Natural Gas

Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document

The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…

United States

Explainer: Why the U.S. Inflation Reduction Act Has Europe up in Arms

Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington's huge new green energy subsidy packag…

EU

Emergency Call Services, Telcos Urge EU to Protect Telecoms Networks From Power Cuts

Europe's top telecoms operators and an emergency services lobby on Monday urged Brussels to shield mobile and fixed grids from power cuts, a letter reviewed by …

Natural Gas

Eastward Gas Flows via Yamal-Europe Pipeline Fall to Zero

Eastbound gas flows through the Yamal-Europe pipeline to Poland from Germany fell to zero on Monday morning, while Russian supplies to Europe via Ukraine inched…

Natural Gas

European Gas Consumption Is 24% Below the Five-Year Average

Europe’s natural gas demand in November fell by nearly a quarter compared to the five-year average for the month.

Oil Price

Italy Expects to Raise $4.2 Billion From Windfall Tax and Power Price Cap

The Italian government expects to raise around $4.2 billion (4 billion euros) from a new windfall tax on energy companies and a price cap on the electricity pro…

Hydrogen Production

BP Is Betting Big on Green Hydrogen

UK supermajor BP sees low-carbon hydrogen as one of its key growth areas and is betting on green hydrogen to advance the energy transition and the decarbonizati…