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EU carbon border mechanism to require surrender of certificates

A proposed EU Carbon Border Adjustment Mechanism will require companies importing carbon-intensive goods into Europe to surrender certificates based on their carbon content, according to a leaked draft legislative proposal seen by S&P Global Platts.

read more... 07/06/2021

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Germany shortlists 62 hydrogen projects with 2 GW capacity for IPCEI state aid

Germany has shortlisted 62 hydrogen production and infrastructure projects as Important Projects of Common European Interest (IPCEI), the energy ministry said May 28.

read more... 31/05/2021

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Italy’s April gas imports hit long-term high

Aggregate deliveries — combining pipeline gas and LNG sendout — of 233.6mn m³/d were the highest for any month since February 2012, when they had hit 259.8mn m³/d.

read more... 06/05/2021

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France turns net power importer on higher demand, lower nuclear output

France was a net importer of power in Week 14 (April 5-11) as cold temperatures saw power demand rise sharply after the Easter weekend, while a combination of planned and forced outages in EDF's nuclear fleet saw its generation at a six-month low.

read more... 13/04/2021

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Russia Tightens Its Grip On Europe's Natural Gas Markets

A much-used proverb says: a good neighbor is better than a distant friend. Nowhere is it more suitable than the EU’s position vis-a-vis its largest and most important neighbor: the Russian Federation. Current relations are the worst since the end of the Cold War. Despite the often rocky interaction, the European and Russian economies are highly complementary. This has led to a level of dependence that has become a problem for certain countries.

read more... 13/04/2021

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