The European Commission wants renewable power and related hydrogen production correlated every hour from 2027 under draft EU “additionality” rules.
read more... 24/05/2022
Copenhagen Infrastructure Partners is planning to build an artificial island for renewable hydrogen production in the North Sea, backed by 10 GW of offshore wind, the company said May 20.
read more... 23/05/2022
The Port of Rotterdam could supply 4.6 million mt/year of hydrogen to Europe by 2030 from local production and imports, it said May 10.
read more... 11/05/2022
Denmark's government on Tuesday said it aimed to significantly boost renewable energy supply and temporarily increase production of natural gas from its fields in the North Sea, in a move to rapidly become independent of Russian supplies.
read more... 20/04/2022
Crude oil prices dropped sharply on Thursday after President Joe Biden unveiled the largest ever release from the US Strategic Petroleum Reserve and called on oil companies to increase drilling to boost supply. This news outweighed OPEC+ saying it would continue with only a gradual increase in production. Hence, Brent crude ended the day at $107.91, falling by 4.9% day-on-day. U.S. crude for May delivery settled 7% lower at $100.28 per barrel.
read more... 01/04/2022