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EU plans strategy to scale up investment in capturing CO2 emissions

The European Commission is working on plans to speed up investment in capturing and storing carbon dioxide emissions, it said on Friday, as the bloc prepares to slash its net greenhouse gas emissions to zero by 2050.

read more... 12/06/2023

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Britain to introduce price floor to energy sector windfall tax

The British government is set to announce on Friday changes to its windfall tax on oil and gas companies aimed at allaying concerns the levy would impede investments and undermine the country's energy security, industry sources said.

read more... 09/06/2023

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German network regulator wants higher returns for grid operators

Germany's network regulator wants to provide operators of power and gas grids higher returns on equity for their outlays, its president said on Wednesday, responding to higher inflation that utilities say threatens investments in these assets.

read more... 08/06/2023

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World’s largest green hydrogen plant reaches financial close

Saudi Arabia’s Neom Green Hydrogen Company (NGHC) has completed a financial close for its hydrogen plant at a total investment value of $8.4bn.

read more... 26/05/2023

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G7 backs liquified gas as ‘temporary’ solution, to dismay of climate activists

The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.

read more... 22/05/2023

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