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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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EU plans boost for power grid investment

The European Commission has drafted plans to scale up investment in Europe's power grids, including dozens of projects earmarked for priority access to permits and EU funding, a draft document seen by Reuters showed.

read more... 27/11/2023

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MEPs fully include nuclear in Net-Zero Industry Act

The European Parliament has adopted its position on the proposed Net-Zero Industry Act (NZIA), which is intended to bolster Europe's manufacturing output in technologies needed for decarbonisation. MEPs included nuclear fission and fusion among a list of 17 technologies covered by the legislation.

read more... 24/11/2023

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Daily (22.11.2023): European carbon prices plummeted to a one-year-low amid weak auction and a bearish gas market

Oil prices changed slightly on Tuesday, reflecting a cautious market stance in anticipation of a weekend shortened by the Thanksgiving public holiday. The market is also marked by the highly awaited OPEC+ meeting scheduled for Sunday. Consequently, Brent crude ended at $82.45 per barrel, while WTI crude ended at $77.77 per barrel.

read more... 22/11/2023

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Portugal urged to reduce energy support measures

Portugal must reduce energy support measures as soon as possible this year and next, according to a European Commission report published on Tuesday, highlighting Portugal’s limited progress in implementing the Commission’s budgetary recommendation.

read more... 22/11/2023

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