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UK Windfall Tax Here to Stay Despite Energy Sector Overhaul

Downing Street’s latest energy announcements this morning will not lead to a reversal in the controversial windfall tax, despite industry hopes of it being softened to make the country’s investment climate more attractive.

read more... 01/08/2023

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World’s first offshore hydrogen production project yields first kilograms of green hydrogen

The offshore hydrogen production platform that Lhyfe is testing in France, named Sealhyfe, began producing its first kilograms of offshore hydrogen on 20 June after it was towed last month to the SEM-REV offshore test site which is connected to BW Ideol’s floating wind turbine Floatgen.

read more... 28/06/2023

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IEA forecasts global EV sales to surge by 35% in 2023, will acquire 18% share of global car market

Global electric vehicle sales are set to surge by more than a third in 2023 on the back of continued support from government policies across China, Europe and the United States, according the latest Global Electric Vehicle Outlook released by the International Energy Agency on April 26.

read more... 27/04/2023

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Norway parliament to discuss proposals to stop electrification of major LNG plant

Norway's parliament will on Thursday debate proposals to delay, or stop, a plan to electrify Western Europe's largest liquefied natural gas (LNG) plant, in the latest example of controversy over cutting CO2 emissions in the Nordic country.

read more... 14/04/2023

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Denmark latest EU country to plan Energy Charter Treaty exit

Denmark is working towards exiting the Energy Charter Treaty, its energy ministry said on Thursday, casting further doubt over an international agreement that critics say has become an obstacle to tackling climate change.

read more... 14/04/2023

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