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Seven countries to share €2.4bn EU funding to accelerate green transition
A total of €2.4 billion (£2.1bn)of funding has been made available to seven countries to help them accelerate the green transition.
read more... 16/06/2022
EU Council approves final regulation on priority EU energy projects
The EU Council on May 16 adopted the revised regulation on funding for priority EU energy projects, the final step in the TEN-E approval process that defines the projects that will allowed to be subsidized under the Projects of Common Interest (PCI) program.
read more... 17/05/2022
German-funded consortium to develop 'battery passport' for Europe
A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF , is to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.
read more... 26/04/2022
Portuguese-Danish-Dutch consortium plans $1.1 bln hydrogen plant in Sines
Portuguese project developer Madoqua Renewables, Danish fund manager Copenhagen Infrastructure Partners (CIP) and Dutch firm Power2X announced plans on Thursday to invest 1 billion euros ($1.09 billion) in a green hydrogen plant in Portugal.
read more... 22/04/2022
Daily (20.04.2022): Oil prices fell by over 5% on Tuesday after IMF cuts growth outlook
Oil prices fell sharply on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation. Hence, Brent crude dropped by $5.91, or 5.2%, to settle at $107.25 a barrel. U.S. WTI crude dropped $5.65, or 5.2%, to settle at $102.56 a barrel.
read more... 20/04/2022