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German industry leans on Berlin for swift carbon storage plan

Leading German companies have urged Berlin to make public its strategy to enable carbon capture and storage by the end of this year, as they seek to capitalise on weakened opposition to the technology and prevent any political delay.

read more... 24/08/2023

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Daily (23.08.2023): European carbon prices surged by over 2% amid bullish gas prices

Oil prices fell slightly on Tuesday due to the worsening economic outlook in China and uncertainties surrounding the possible impact of the economic slowdown in the US. Thus, Brent crude edged 0.5% down at $84.03 a barrel, while WTI crude traded 1.3% lower at $79.64 a barrel.

read more... 23/08/2023

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Equinor inaugurates world's largest floating wind power farm in Norway

Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions

read more... 23/08/2023

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French nuclear watchdog ASN issues first lifespan extension to 40-year-old reactor

French nuclear watchdog ASN issued a decision allowing for the continued operation of state-owned utility EDF's Tricastin 1 nuclear reactor in southern France, the first lifetime extension granted to a French reactor after 40 years of operation.

read more... 23/08/2023

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Denmark plans to allocate 26.8 bln crowns for new CO2 capture and storage tenders

Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carbon dioxide (CO2) emissions per year, the climate and energy ministry said on Monday.

read more... 23/08/2023

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