Latest news
Nord Stream 2 could be repurposed for hydrogen and LNG
The Nord Stream 2 gas pipeline that connects Russia and Germany through the Baltic Sea suffered damage in September 2022 following an explosion. StreamTec Solutions, a company formed from the management team of the Nord Stream pipelines, has conducted research on the current condition of Nord Stream 2 as well as future options, noting it could be repurposed for hydrogen transport.
read more... 21/02/2025
Daily (20.02.2025): Gas and power forward prices fell on Wednesday amid improved weather forecasts and weaker demand
Oil prices edged up on Wednesday supported by ongoing supply uncertainties, including the potential delay in OPEC+ barrel returns, cold weather disruptions in North Dakota, and EU sanctions risks. However, the expected restart of oil flows from Iraq’s Kurdistan region is offsetting these supply concerns, limiting price gains.
read more... 20/02/2025
Dutch minister says 2035 target unrealistic for operation of first new large reactor
The Dutch minister responsible for preparations to build an initial two, and eventually up to four, large reactors, Sophie Hermans, has said that the target of having a first unit operational by 2035 is "no longer realistic" because of delays in the site selection process.
read more... 20/02/2025
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Energa gets up to $1.92 bln loan for power grid investments
Polish utility Energa said on Wednesday it has signed a loan deal for up to 7.66 billion zlotys ($1.92 billion) with Poland's development bank BGK to invest in the company's power distribution network.
read more... 20/02/2025
EU draft plan seeks to cut energy costs
The European Commission has set out plans to tackle the cost of energy in the EU, warning in a draft document that Europe risks de-industrialisation because of a growing energy price gap compared to global competitors.
read more... 20/02/2025