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EU to squeeze carbon market cap in 2024 as new climate policies kick in

The European Union will shrink the supply added to its carbon market next year, as it presses ahead with reforms to strengthen Europe's main policy for curbing greenhouse gas emissions, the European Commission said on Friday.

read more... 31/07/2023

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Britain to grant over 100 new North Sea oil and gas licences

Britain will grant more than 100 new oil and gas licences in the North Sea as part of efforts to tap domestic supplies and become more energy independent, the government said on Monday.

read more... 31/07/2023

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Italy eyes 19 billion euros in energy investments as it reviews post-COVID plan

Italy said on Thursday it planned to use EU money to fund an investment programme worth around 19 billion euros ($21 billion) to strengthen power and gas grids and make its economy greener.

read more... 28/07/2023

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Germany commits to ‘blue hydrogen’ in updated national strategy

Germany’s updated hydrogen strategy, unveiled on Wednesday (26 July) places heavy emphasis on imports from Denmark and Norway while securing “blue hydrogen” production from fossil gas using CCS technology to mitigate the related emissions.

read more... 27/07/2023

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Spanish gas storage levels hit record 98% for July

Spanish underground gas storage levels have reached a record level for July of 98%, significantly higher than the 72% seen a year ago, TSO Enagas said on Wednesday.

read more... 27/07/2023

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