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UK’s hopes of boosting hydrogen trade hobbled by Brexit

The UK hydrogen strategy, unveiled last week (17 August), has many similarities with the EU’s own blueprint presented one year before, analysts say. But trade and regulatory cooperation between the two sides is complicated by Brexit, with the UK likely to become a rule-taker at the end of the day.

read more... 27/08/2021

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UK hydrogen strategy defers difficult decisions on CO2 intensity, market mechanisms

The UK will pursue a technology-neutral approach to develop 5-GW of low-carbon hydrogen by 2030 in its much-anticipated Hydrogen Strategy, but said details on market mechanisms and carbon intensity definitions to support it would wait until 2022.

read more... 17/08/2021

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Spain urges EU to act on soaring energy prices

Spain has called on the EU to back measures to limit surging electricity prices as controversy deepens over the cost to ordinary citizens of the bloc’s strategy to reduce carbon emissions.

read more... 04/08/2021

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TotalEnergies to prioritize low carbon intensity in new upstream investments

France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29.

read more... 30/07/2021

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Daily (30.06.2021): EUAs hiked at fresh six-week highs on Tuesday amid bullish gas, upcoming carbon market reform

Crude oil prices stabilised on Tuesday, with the market still focused on the upcoming OPEC summit, where the organization is set to plan their output strategy for the coming months. Hence, Brent crude steadied at $74.76 a barrel. At the same time, U.S. WTI crude ended rather flat at $72.98 a barrel.

read more... 30/06/2021

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