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Smart Grid
EIB and Endesa Sign €250mn Smart Grid Credit Line
Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.
Carbon Emissions
Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince
Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…
Nuclear Power Plant
Czech Govt Proposal for Revenue Cap on Power Producers Hits Nuclear Hardest
The Czech industry ministry has proposed a cap on power producers' revenue ranging from 70 to 230 euros per megawatt hour, depending on the source.
Oil Price
Euro Could Stay Below Dollar for as Long as Natural Gas Prices Remain High
The euro is on course to stay below parity with the US dollar for some time if gas prices do not fall markedly.
Carbon Neutral
World’s Greenest Warehouse to Be Built in Sweden
The project will lead the way to urgent CO2 reductions as called for by COP27.
Electric Car
First Fit for 55 Deal to Bolster EV Uptake
The first Fit for 55 deal has been signed between the European Council and the European Parliament on a 100% CO2 emission reduction target for all EU vehicles b…
EU
EU Commission Offers €3bn for Innovative Cleantech Projects
It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and …
Net Zero Emission
TotalEnergies Bent on Taking Legal Action Following Allegations of ‘Dramatically Underreporting’ Emissions
After Greenpeace published a report claiming that TotalEnergies’ emissions are four times higher than reported, the French energy giant has made up its made to…
Hydrogen Project
Google Calls for More Restrictive ‘Green’ Hydrogen Rules
US technology giant Google, leading a group of several companies including Spanish utility Iberdrola and the Dutch natural gas firm Eneco, has urged the Europea…
Hydrogen Technology
Race to Ship Clean Canadian Hydrogen to Europe Navigates Choppy Water
On Canada's tranquil Atlantic coast, a dozen companies are racing to ship Canada's first green hydrogen to Europe by 2025, aiding the continent's worldwide sear…
Carbon Emissions
EU Gas Emissions End Post-COVID Rise on Cleaner Supply, Energy-Saving-Study
Gas emissions from the European Union's energy sector have ended more than a year of post-pandemic rises thanks to cleaner power supplies and energy-saving effo…
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Rising Interest Rates Weigh on Renewable Growth
European renewable stocks have fallen 20% since August.
Wave Energy
Sea Trials Show Promising Results for AWS Wave Energy Device
Inverness-based AWS Ocean Energy has announced encouraging results from the current phase of sea trials of its wave energy device at the European Marine Energ…
OPEC
OPEC Oil Output Falls by 20,000 Bpd in October -Reuters Survey
The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in October and Septe…
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