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Denmark's CIP to lead giant green hydrogen project in Spain
Danish renewable company Copenhagen Infrastructure Partners (CIP) will lead a project in Spain to build a giant hydrogen plant, it said on Tuesday, as part of the Spanish government's efforts to use EU funds to become a top producer of the gas.
read more... 02/02/2022
EU to propose green investment label for gas and nuclear energy
The European Commission is set to propose rules on Wednesday to allow some gas and nuclear power plants to be labelled as green investments, with minor changes to a previous draft proposal, a Commission source told Reuters.
read more... 02/02/2022
Daily (01.02.2022): UK gas prices eased on Monday on forecasts for warmer weather next month
Oil prices edged up on Monday, trading near seven-year highs, as investors await that supplies will stay tight, due to limited production rise by major oil producers and a strong recovery in fuel demand. Tensions between Russia and the West also underpinned crude prices, which soared by about 17% in January, the biggest monthly gain since February 2021. As such, Brent crude price rose by 1.3% to settle at $91.21 a barrel. The American WTI crude closed 1.5% higher at $88.15 a barrel.
read more... 01/02/2022
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EU says Russia's Nord Stream 2 pipeline on hold for compliance review
European Commission Vice President Valdis Dombrovskis said on Monday the Russia-designed Nord Stream 2 gas pipeline has been put on hold and the Commission is looking into the project's compliance with Europe's energy policy.
read more... 01/02/2022
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Iberdrola generates power at giga battery plant in Portugal
Spanish energy company Iberdrola has connected the first power unit at its Tâmega hydroelectric and pumped storage giga battery plant in Portugal.
read more... 01/02/2022