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Bulgartransgaz opens tender for Vertical Gas Corridor expansion
Bulgarian state-owned gas transmission operator Bulgartransgaz said on Wednesday that it has decided to launch a tender for expanding infrastructure as part of an initiative to build a gas corridor linking Greece and northern Europe.
read more... 21/03/2024
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UK offers cash bonuses for green wind investments
The UK Government plans to encourage offshore wind companies to cut their carbon footprint by providing extra payments in Allocation Round 7 of the Contracts for Difference scheme, scheduled to launch in 2025
read more... 15/03/2024
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Germany approves gas deal with Italy, Switzerland
Germany’s cabinet on Wednesday approved a trilateral “solidarity” agreement with Italy and Switzerland, through which the nations agreed to support each other during a potential gas supply crisis.
read more... 14/03/2024
Norway’s Ambitious Plan to Store Carbon Dioxide in the North Sea
Norway has big plans to pump waste carbon from oil and gas operations and heavy industry under the seabed of the North Sea to be stored safely underground. It believes this method will be key to decarbonizing its fossil fuel activities in the coming years and supporting a green transition. However, some fear that this process cannot be done safely without risk to the environment. Others believe that carbon capture and storage (CCS) is merely a band-aid on a bullet wound and that countries should be fixing their carbon problem at the source rather than mitigating the effects of fossil fuel production. Nonetheless, so long as the world relies on oil and gas, companies will be looking for ways to produce lower-carbon fossil fuels through innovative methods, such as CCS technology.
read more... 14/03/2024
Germany launches green subsidies for industry
Germany on Tuesday launched a bidding process for subsidies to support energy-intensive firms switching to green production in a 4 billion euros ($4.37 billion) funding round, the economy ministry said on Tuesday.
read more... 13/03/2024