Latest news

EU needs over $760 bln/yr to hit green transition targets

Europe will require investments of more than 700 billion euros ($762.44 billion) a year to meet its energy transition goals to combat climate change, the European Union Commission said on Thursday.

read more... 07/07/2023

news

Italy aims to turn up renewable power to two thirds of total by 2030

Italy aims to generate nearly two thirds of its electricity from renewable energy sources by the end of the decade, the energy ministry said on Friday, slightly improving targets made public three years ago.

read more... 04/07/2023

news

UK to tighten emissions trading scheme from 2024

The UK emissions trading scheme (ETS) will be reformed next year to tighten limits on carbon dioxide pollution and expanded in 2026 to include new sectors, the relevant authority said on Monday.

read more... 03/07/2023

news

EU renewable energy law clears first vote after French nuclear assurances

A European Parliament committee on Wednesday backed new EU renewable energy targets, but criticised last-minute changes offering France and other countries possible carve-outs for ammonia plants and greater recognition of nuclear energy.

read more... 30/06/2023

news

Engie bets on Korean demand with $7 bln Oman green ammonia project

French energy company Engie was awarded a land parcel in Oman on Wednesday, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.

read more... 22/06/2023

news