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Italy’s high gas reliance stalls renewables growth

As the EU’s largest producer of gas-fired power generation, Italy’s gas usage in its power generation mix is about 50%, nearly three times the EU average, the think tank said in a report.

read more... 30/04/2024

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Norway's Statkraft to invest up to $6.6 bln in hydro, wind power

Norway's state-owned renewable power producer Statkraft on Monday said it plans to invest up to 6 billion euros ($6.56 billion) to upgrade its domestic hydro and wind power facilities and to build new onshore wind farms.

read more... 09/01/2024

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€800 million to jolt the market: Europe’s hydrogen boosters activate

The EU’s Hydrogen Bank has begun operations and is offering €800 million to hydrogen producers to kickstart demand for the fuel crucial to industrial decarbonisation.

read more... 28/11/2023

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Italy aims for bigger EU gas supply role with TAP expansion

The Italian government is targeting a greater energy supply hub role in the EU through the expansion of the Trans Adriatic Pipeline (TAP) and closer ties with key gas producers in Africa.

read more... 25/08/2023

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European gas prices rise on growing prospect of Australian LNG strike

European natural gas prices jumped in volatile trading on Monday as the prospect of a strike at a liquefied natural gas producer in Australia intensified fears of disruption to global supplies.

read more... 22/08/2023

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