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Eu
Europe Needs Faster Renewables Growth Rate to Reach Climate Goals
Wind and solar energy deployment in the European Union is not proceeding fast enough to meet global climate goals due to a slow permitting process, a report by …
Natural Gas
EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility
The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply…
Natural Gas
US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply
Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …
Natural Gas
Return of Coal a Threat to European Companies’ ESG Ratings
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to…
Spain
Iberdrola and EU Bank Ink €550M Loan to Boost Renewable Energy in Spain
The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one millio…
Electric Car
Volkswagen-Backed Northvolt to Develop Wood-Based Batteries for EVs
The attempt to develop battery materials from a range of sources comes as major European economies lay out plans to move away from road-based vehicles that use …
United Kingdom
Anglo-German Interconnector Project Reaches Financial Close
The NeuConnect interconnector project linking the UK and German energy markets has reached financial close.
Siemens Energy Bags DolWin4 and BorWin4 Grid Connection Contracts
European TSO Amprion Offshore GmbH has commissioned Siemens Energy to supply the necessary technology for the converter stations of the DolWin4 and BorWin4 grid…
Airbus Joins Investor Club of Eur-1.5BN HY24-Managed Clean Hydrogen Fund
Aircraft maker Airbus Group (EPA:AIR) said on Thursday it has invested in a clean hydrogen infrastructure fund managed by Hy24, the joint venture platform of Pa…
Germany
EIB Backs Germany-UK Interconnector With €400M
Work to build the interconnector will start this year, connecting two of Europe’s largest energy markets for the first time
Hydrogen Project
UK Opens Joint Revenue and Grant Funding Round for Hydrogen
Projects will be able to apply both for grant funding through the GBP 240 million (USD 287m/EUR 282m) Net Zero Hydrogen Fund and revenue support through the Hyd…
All-In-One Solar Tower Produces Jet Fuel From CO2, Water and Sunlight
Taking carbon dioxide, water and sunlight as its only inputs, this solar thermal tower in Spain produces carbon-neutral, sustainable versions of diesel and jet …
Natural Gas
Gazprom Preparing to Restart Flows to Europe Thursday
With Europe on edge over the possibility that Russia will cut off gas flows, new grid data now shows that orders via the Nord Stream 1 pipeline have been made f…
Solar Power Panel
Too Hot for Solar Power: Europe’s Heat Wave Makes Solar Panels Less Efficient
Extreme heat is reducing the efficiency of solar panels in Europe.
Natural Gas
The World Is Ready for a Renewable Gas Revolution
The future for renewable gas is looking increasingly promising, with companies around the world already teasing the idea of providing consumers with carbon-neut…
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