Latest news
More funding to progress UK nuclear-generated hydrogen project
An EDF-led consortium has been awarded UK government funding to further develop plans to use heat and electricity from Heysham 2 to create hydrogen for use in the production of asphalt and cement. Earlier this year, a feasibility study demonstrated the significant benefit the project would bring in proving how nuclear could power hydrogen electrolysis.
read more... 15/09/2023
EUR 195M guarantee fund approved for deep geothermal projects in France
The European Commission has approved under EU state aid rules a French aid scheme to set up a guarantee fund for deep geothermal operations. The fund will be implemented for a period of 10 years and may provide compensation for deep geothermal projects, providing some protection against the risk linked to the high degree of uncertainty of deep geothermal resources during drilling.
read more... 10/08/2023
Italy eyes 19 billion euros in energy investments as it reviews post-COVID plan
Italy said on Thursday it planned to use EU money to fund an investment programme worth around 19 billion euros ($21 billion) to strengthen power and gas grids and make its economy greener.
read more... 28/07/2023
Daily (27.07.2023): European carbon prices erased all the gains made during the week as bearish fundamentals prevailed
On Wednesday, oil prices slightly declined as they responded to a smaller-than-expected decrease in US oil reserves and the expectation of an upcoming rate hike by the Federal Reserve. Thus, WTI crude settled at $78.78, down by 1% day-on-day, while Brent crude fell by about 1% to reach $82.92 a barrel.
read more... 27/07/2023
Italy’s energy groups set to benefit from green EU funds
Eni, Enel and other state-controlled Italian energy groups are due to benefit from a partial transfer of European Union funds to the REPowerEU scheme, credit rating agency DBRS said on Monday (24 July).
read more... 25/07/2023