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EU backs seven decarbonization projects with Eur1 billion Innovation Fund

The EU is backing seven large-scale industrial decarbonization projects through its Innovation Fund, with over Eur1.1 billion ($1.3 billion) to support breakthrough technologies in energy-intensive industries, hydrogen, carbon capture, use and storage and renewables, the European Commission said in a statement Nov. 16.

read more... 17/11/2021

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TenneT places EUR-1bn green bond to fund new interconnecion projects

Dutch transmission grid operator (TSO) TenneT Holding BV has placed a EUR-1-billion (USD 1.16bn) senior green bond that will provide it with funds to finance transmission projects in the Netherlands and Germany.

read more... 04/11/2021

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Daily (01.11.2021): Oil prices gained ground on Friday, supported by an increase in Wall Street oil-linked index funds

Crude oil prices strengthened slightly on Friday, backed by the momentum from Wall Street’s oil-linked indexes. As a result, Brent crude inched 0.1% up at $84.38 a barrel and WTI oil gained nearly 1% at $83.57 a barrel.

read more... 01/11/2021

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Government to invest £1.7bn in a new large-scale nuclear power station

A new large-scale nuclear power station is set to secure a fresh £1.7 billion in government funding.

read more... 29/10/2021

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EU climate and infrastructure agency eyes end of fossil fuel projects

The director of CINEA, a recently established EU agency managing €55 billion in EU funding for clean energy and transport, has told EURACTIV about the challenge of ending fossil fuel projects entirely, saying coal and natural gas assets “are not simply going to go away” and need to be managed during the transition.

read more... 29/10/2021

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