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Germany's 2022-32 gas plan to integrate hydrogen
Hydrogen, biomethane and synthetic methane should be integrated into Germany's gas infrastructure, the country's transmission system operators (TSOs) said in the draft 10-year network development plan for 2022-32.
read more... 23/06/2021
Daily (22.06.2021): British near-term gas prices rallied at multi-year record highs on Monday amid outages in Norway, weak LNG send-outs
Crude oil futures soared on Monday amid inconclusive nuclear talks between world powers and Iran - which has elected a new hardline president - allaying prospects for a swift revival of the Islamic Republic’s crude exports. Hence, Brent crude increased by 1.9% to settle at $74.90 a barrel. Meanwhile, U.S. WTI crude surged by 2.8% to end at $73.66 a barrel.
read more... 22/06/2021
EIB approves EU 80m in funding for geothermal in East Africa
As part of a wider funding package of EUR 4.1 billion to accelerate renewable energy investment, support COVID-19 economic resilience by backing private sector investment, improve sustainable transport and upgrade schools and social housing, the European Investment Bank (EIB) approved a special package on renewable energy.
read more... 22/06/2021
EU industry hands Brussels headache over carbon border levy
Brussels policymakers, about to unveil the world's first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts' warnings that doing so could expose the EU to legal challenges at the WTO.
read more... 22/06/2021
Only EVs for Audi: No new internal combustion cars after 2026
German luxury carmaker plans to end production of new internal combustion engine models by the end of 2026, German media reported on Monday quoting company’s CEO Markus Duesmann.
read more... 22/06/2021