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EU approves $7.4 bln in state aid to boost renewable hydrogen

The EU commission said on Thursday it had approved 6.9 billion euros ($7.4 billion) in state aid for infrastructure projects to boost the supply of renewable hydrogen.

read more... 16/02/2024

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Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs

Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.

read more... 16/02/2024

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Daily (15.02.2024): Oil prices fell by over 1% on Wednesday, driven by a 12-million-barrel build in US crude oil inventories

Oil prices declined on Wednesday amid signs of a strong supply outlook following a significant surge of 12 million barrels in US crude oil inventories. As a result, Brent crude fell by about 1% to stand at $81.60 a barrel, while WTI crude dropped by more than 1.5% to settle at $76.64 a barrel.

read more... 15/02/2024

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French Senate approves nuclear safety reform

The French Senate on Tuesday adopted a draft bill to merge nuclear safety authority ASN with technical safety body IRSN, despite opposition from unions and associations concerned with transparency in the nuclear industry.

read more... 15/02/2024

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Germany grants €3.5 billion for green hydrogen import program

Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has allocated €3.53 billion for the country’s hydrogen importing mechanism, H2Global Foundation, to fund future auctions for renewable hydrogen and its derivatives.

read more... 15/02/2024

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