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Negative emissions ‘needed for post-2050 targets’
Negative greenhouse gas (GHG) emissions technologies will be needed not just to reach carbon neutrality by or around 2050, but also for setting targets beyond 2050, a German think-tank says.
read more... 28/05/2021
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German gas capacity fees to fall next year
Germany's gas system operators have published transport capacity fees applicable from 1 January 2022, which would fall from those set for October-December 2021, the first three months of the planned joint Germany VTP (Trading Hub Europe) market area.
read more... 28/05/2021
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Germany, Norway flip switch on $2.4B undersea energy link
Germany and Norway inaugurated a new undersea cable Thursday that directly links the two countries' electricity networks, a project that has been described as a key step in Europe's effort to shift away from fossil fuels to renewable energy.
read more... 28/05/2021
Daily (27.05.2021): Oil prices continued to rise on Wednesday amid lower U.S. crude inventories
The Energy Information Administration reported on Wednesday that U.S. crude inventories dropped by 1.7 million barrels for the week ended May 21, overshadowing concerns over the prospects for a return of Iranian crude supplies to the global market. Thus, Brent crude edged 0.3% higher at $68.87 a barrel, while the Amercian WTI crude closed 0.2% higher at $66.21 a barrel.
read more... 27/05/2021
Nissan May Build Huge Battery Plant In The UK
Car giant Nissan is said to be in advanced negotiations with the UK government to build a huge electric car battery plant as part of an official push to make Britain the company’s largest electric vehicles (EVs) production hub outside Japan.
read more... 27/05/2021