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CIP plans large-scale hydrogen island in Denmark backed by 10 GW of offshore wind

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

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(Daily 20.05.2022): EUA prices falling to their lowest level since April 28

Oil prices rebounded on Thursday after two days of losses, back by dollar weakness and expectations that China could ease export curbs, boosting demand. As a result, Brent crude rose by 2.7% to $112.04 per barrel.

read more... 20/05/2022

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EU clinches deal on mandatory gas storage for next winter

European Union negotiators on Thursday (19 May) agreed on mandatory gas storage obligations for EU countries, aiming for the the bloc’s storages to be at least 85% full by 1 November 2022.

read more... 20/05/2022

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EDF says Hinkley Point start now June 2027, costs rise

French utility EDF said on Thursday it was pushing back the start date on its Hinkley Point C nuclear reactor to June 2027 and now estimated project costs in the range of 25 billion to 26 billion pounds ($31 to $32 billion).

read more... 20/05/2022

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EU tables €300bn plan to ditch Russian fossil fuels, speed up green transition

The European Commission submitted on Wednesday (18 May) a €300 billion plan to eliminate Russian energy imports by 2027, although it admitted this would require short-term investments in new fossil fuel infrastructure to replace imports of Russian oil and gas.

read more... 20/05/2022

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