Eu

Oil Price

U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery

The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.

Electric Vehicle Battery

Fortum Launches Li-Ion Recycling Hub in Germany

Fortum has launched Fortum Batterie Recycling GmbH in Germany to provide safe and sustainable electric vehicle (EV) battery recycling in central Europe.

Carbon Neutral

South Korea to Strengthen Energy Cooperation With ASEAN

Areas of focus will include the enhancement of clean energy and data exchange.

Energy Storage Battery

EC Announces €19.8MN for Croatian Grid Balancing Batteries

The European Commission has approved, under EU State aid rules, a €19.8 million Croatian aid measure aiming to help with the procurement and installation of gr…

Oil Shale

Australia’s Origin Energy Quits Shale Gas Exploration

The logo of Australian energy company Origin is pictured in Melbourne, Australia, July 3, 2016. Picture taken July 3, 2016. REUTERS/Jason Reed/File Photo

Net Zero Emission

What Are Climate Bonds?

The EU Commission presented an energy crisis emergency plan this week.

EU

European Commission – Demand Reduction and Taxes to Tackle Energy Costs

The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.

Offshore Wind Power

North Seas Energy Cooperation Commits to 260GW Offshore Wind by 2050

North Seas Energy Cooperation country energy ministers have committed to reaching over 85% of the European Union’s 2050 offshore wind capacity ambition.

EU

Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments

The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.

Energy Saving

EU Parliament Backs Higher Targets on Renewables and Energy Savings

European Union lawmakers voted on Wednesday to raise the bloc's targets to expand renewable power and save energy, backing proposals that had been made more amb…

Energy Saving

Energy Efficiency Needs Priority in Hungary’s Energy Policy – IEA

The IEA has released its annual review of Hungary’s energy policy, stating that energy efficiency needs to be central in the coming years for the European coun…

Energy Storage Project

EU Approves €20 Million State Aid to Energy Storage Company in Croatia

The European Commission has approved €19.8 million (US$20.1 million) in state aid from the government of Croatia to energy storage operator IE-Energy for a ser…

Natural Gas

EU to Propose Crisis Measures to Curb Energy Price Spike

The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …

Energy Storage Battery

EU Approves State Aid to Greece for 900 MW in Energy Storage

The European Commission has approved, under EU state aid rules, Greece’s support package of EUR 341 million for the construction and operation of storage facil…

Hydrogen Production

European Parliament to Vote on Scrapping Green Hydrogen ‘Additionality’ Requirements

Hydrogen Europe presses MEPs to relax toughest regulations on green hydrogen production so European developers can compete with the US