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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
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
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Europe’s high-voltage grid investment gap worse than feared
EU countries systematically underestimate the speed at which renewables will be added to grids in their development plans – making the investment gap larger than thought, new research made available to Euractiv has shown.
read more... 13/03/2024
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France to continue recycling nuclear fuel beyond 2040
France will continue its treatment-recycling strategy for used nuclear fuel beyond 2040, with plans to extend the life of existing recycling plants and to launch studies for a new mixed-oxide (MOX) fuel fabrication plant and a new used fuel processing plant, the Minister for the Economy, Finance, Industrial and Digital Sovereignty, Bruno Le Maire, announced on Friday.
read more... 12/03/2024
Italy presses ahead with nuclear as energy transition tool after 30-plus-year hiatus
The Italian Chamber of Deputies will launch a major inquiry into how nuclear energy could help Italy reach its energy transition goals, a significant step as the country remains the only G7 nation not operating nuclear power stations, having shut down the last plant over 30 years ago.
read more... 08/03/2024