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Shift to hydrogen networks: EU Parliament adopts laws for new gas era

The European Parliament adopted a new set of laws on Thursday (11 April) to transition Europe’s gas markets and infrastructure to hydrogen and pave the way for the eventual creation of an independent hydrogen grid development body.

read more... 15/04/2024

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Daily (11.04.2024): Crude oil prices rose by 1% on Wednesday as Gaza cease-fire hopes fade

Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel. Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel.

read more... 11/04/2024

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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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EU carbon border tax will do little to cut emissions

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday.

read more... 26/02/2024

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Multi-billion offshore wind project receives green light

The Orkney Islands Council’s Development and Infrastructure committee has endorsed the offshore plans for the West of Orkney Windfarm, situated 30 kilometres west of the Orkney Mainland and 25km north of the Sutherland coast.

read more... 12/02/2024

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