Saudi Arabia’s Neom Green Hydrogen Company (NGHC) has completed a financial close for its hydrogen plant at a total investment value of $8.4bn.
read more... 26/05/2023
Oil prices saw a slight rebound following the sharp decline on Wednesday as investors eagerly anticipated the release of first-quarter growth figures for the United States, the world's largest consume. Brent crude saw a 1% increase day-on-day, ending at $78.37, while WTI crude rose by 0.6% to settle at $74.76 a barrel.
read more... 28/04/2023
The world’s first major carbon trading system has since 2005 forced power plants and factories to buy permits when they emit CO2, and has cut emissions from those sectors by 43%.
read more... 27/04/2023
The Danish Energy Agency (DEA) has invited bids to build and operate Power-to-X projects with a deadline for applications set to 1 September. Through the tender – the first of this kind in both Denmark and the world – the country has made available DKK 1.25 billion (approximately €167.7 million) in state support for the production of Power-to-X in the form of green hydrogen.
read more... 21/04/2023
Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.
read more... 06/03/2023