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EC targets EUR 480m of EU funds for CO2 transport, storage

The European Commission has allocated nearly EUR 480m in EU funding to CO2 transport and storage projects as it seeks to create a “European carbon value chain”, it said on Thursday.

read more... 26/01/2024

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German gas storage levy against EU law

The German storage levy charges a fee on all gas exiting the German grid, set at €1.86/MWh for January-June, with the aim of recouping money spent to purchase strategic reserves in 2022.

read more... 10/01/2024

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France unveils plan to up investments in nuclear fusion, natural hydrogen

France will give the green light to new investments in nuclear fusion, natural hydrogen, energy storage and carbon capture, President Emmanuel Macron announced on Monday (11 December).

read more... 13/12/2023

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Europe's Gas Storage Hits Record High But Winter Worries Persist

Earlier this week, reports emerged that Chevron was negotiating LNG deliveries for the European Union, looking at contract terms of 15 years.

read more... 06/11/2023

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Severe German winter may cause record low gas storage

Germany is better prepared for winter gas supply than last but in the worst-case scenario, it could cause storage facilities to hit a record low of 2% of capacity, network regulator BNA said on Thursday.

read more... 03/11/2023

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