Hungary aims to invest up to 16 billion euros by 2030 to boost electricity production and storage capacity and curb reliance on gas imports, supplied mostly by Russia, Technology and Industry Minister Laszlo Palkovics said on Tuesday.
read more... 07/09/2022
Britain said it is considering ways to support combining electricity generated using biomass, such as wood pellets, with technology to capture and store the resulting carbon emissions.
read more... 12/08/2022
The European Commission has signed grant agreements of €1.1 billion with seven large-scale low-carbon technology projects, including a BECCS development.
read more... 05/04/2022
Crude oil prices increased on Friday amid expectations that Russian oil production will decline sharply in the coming weeks following Western sanctions on technology transfers and financing options for Russian oil companies. Hence, Brent crude settled 1.2% higher at $107.93 a barrel. U.S. WTI crude rose by 1.7% to end at $104.70 a barrel.
read more... 21/03/2022
Germany has earmarked 200 billion euros ($220 billion) to fund industrial transformation between now and 2026, including climate protection, hydrogen technology and expansion of the electric vehicle charging network, its finance minister said.
read more... 07/03/2022