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Drax plans GBP-2bn bioenergy-plus-CCS project

UK power producer Drax Group Plc  plans to invest GBP 2 billion (USD 2.39bn/EUR 2.37bn) this decade in the development of two units under a bioenergy-with-carbon-capture-and-storage (BECCS) project at its North Yorkshire power station.

read more... 13/07/2022

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EU invests €1.8bn in energy transition technologies

The EU today announced €1.8bn ($1.8bn) of funding for 17 large-scale renewable energy and decarbonisation projects — including hydrogen, renewable power generation and advanced biofuels projects.

read more... 13/07/2022

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EU ministers want stronger carbon price control mechanism

EU ministers want a stronger carbon price control mechanism to tackle excessive rises, according to the EU Council’s formal position on draft ETS reforms published late on Thursday.

read more... 04/07/2022

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G7 urged to back nuclear extensions to tackle climate, security issues

The leaders of the Group of Seven (G7) large industrialised nations should incentivise the extension of the operating life of existing nuclear reactors and support the restart of others to help achieve the goal of achieving a low-carbon and secure energy supply, the nuclear industry has said.

read more... 27/06/2022

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Spain bets on green hydrogen in clean energy push

As Europe seeks to move way from fossil fuels, Spain is racing ahead in developing green hydrogen, aided by a growing wind and solar power complex in efforts to decarbonise its economy.

read more... 23/06/2022

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