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More funding to progress UK nuclear-generated hydrogen project
An EDF-led consortium has been awarded UK government funding to further develop plans to use heat and electricity from Heysham 2 to create hydrogen for use in the production of asphalt and cement. Earlier this year, a feasibility study demonstrated the significant benefit the project would bring in proving how nuclear could power hydrogen electrolysis.
read more... 15/09/2023
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UK-Germany energy link on track as construction advances
Construction is well underway on the £2.4 billion NeuConnect project, a pivotal energy link set to connect the UK and Germany.
read more... 15/09/2023
Daily (14.09.2023): British gas prices soared on Wednesday amid escalating LNG strikes in Australia
On Wednesday, crude oil prices edged lower due to stronger US crude inventories. Hence, Brent crude slipped by 0.2% to $91.88 a barrel, while WTI crude declined by 0.4% to $88.52 a barrel.
read more... 14/09/2023
EU's von der Leyen pledges more support for wind industry
The European Union will put forward a package of measures to support its wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday.
read more... 14/09/2023
EU to launch first phase of world-first CO2 border tax
The European Union starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the CO2 emissions of products sold into Europe, such as steel and cement, or risk financial penalties.
read more... 14/09/2023