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Portuguese-Danish-Dutch consortium plans $1.1 bln hydrogen plant in Sines

Portuguese project developer Madoqua Renewables, Danish fund manager Copenhagen Infrastructure Partners (CIP) and Dutch firm Power2X announced plans on Thursday to invest 1 billion euros ($1.09 billion) in a green hydrogen plant in Portugal.

read more... 22/04/2022

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Prysmian and Siemens Energy win UK-Germany power link contract

The NeuConnect consortium has awarded contracts worth £1.5bn ($1.95bn) to Prysmian Group and Siemens Energy to deliver cabling works and converter stations for the first subsea power link between the UK and Germany.

read more... 13/04/2022

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Daily (25.03.2022): European front-year electricity prices gained ground on Thursday amid bullish carbon prices

Crude oil prices retreated on Thursday in the absence of confirmation on banning Russian oil by the European Union. News that exports from Kazakhstan's Caspian Pipeline Consortium (CPC) terminal may partially resume added further pressure. Hence, Brent crude decreased by 2.1%, to settle at $119.03 a barrel. U.S. West Texas Intermediate (WTI) crude lost 2.3%, to settle at $112.34.

read more... 25/03/2022

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Spanish consortium targets 2GW green H2 in €3.2bn plan

Spain's Repsol will lead a consortium to deliver 500MW of installed electrolyser capacity by 2025, rising to 2GW by 2030, which would meet half of the country's 4GW target for 2030.

read more... 21/01/2022

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UK 7 GW East Coast Hydrogen network could surpass government hydrogen target alone

The East Coast Hydrogen Consortium in the UK has the potential to connect up to 7 GW of hydrogen production by 2030, surpassing in a single region the government's target of 5 GW of low-carbon production by that date, the group said Nov. 30.

read more... 03/12/2021

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