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Spanish consortium targets 2GW green H2 in €3.2bn plan

Spain's Repsol will lead a consortium to deliver 500MW of installed electrolyser capacity by 2025, rising to 2GW by 2030, which would meet half of the country's 4GW target for 2030.

read more... 21/01/2022

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Daily (20.01.2022): Oil prices were bullish on Wednesday, supported by forecasts for stronger demand

Crude oil prices rose on Wednesday, as the International Energy Agency (IEA) predicted a rise in crude demand, despite the spread of the Omicron variant. Furthermore, the situation was exacerbated by the apparent inability of OPEC+ to meet its production targets. Thus, Brent oil gained 1.1% at $88.44 a barrel and WTI crude jumped by 1.8% to $86.96 a barrel.

read more... 20/01/2022

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VW and Bosch team up to boost Europe's battery ambitions

Volkswagen and Robert Bosch plan to set up a joint venture by the end of this year to equip battery cell factories and help make Europe self-sufficient in battery production.

read more... 20/01/2022

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Abu Dhabi's Masdar signs green hydrogen deals with Engie, TotalEnergies

Abu Dhabi renewable energy group Masdar has signed a deal to develop a green hydrogen production plant in the United Arab Emirates with France's Engie and Fertiglobe, the company said on Wednesday.

read more... 20/01/2022

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Poland's PGE plans share issue to fund coal-to-gas switches, solar, wind development

Polish utility PGE is planning to raise Zloty 3.2 billion ($800 million) through a share issue to partially finance coal-to-gas switching and the development of its onshore wind and solar PV portfolio, as well as modernize its distribution network, it said Jan. 19.

read more... 20/01/2022

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