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Sweden's grid operator eyes new power lines in the north for nearly $1 bln
Sweden's transmissions system operator Svenska Kraftnat plans to build new power lines for nearly $1 billion in the country's northern region to meet rising industrial demand and a boost in renewable power, the state-owned company said on Tuesday.
read more... 19/01/2022
EU advisers concerned about plan for green labels on gas, nuclear investments
Experts advising on the European Union's sustainable finance taxonomy are concerned a draft plan to include gas and nuclear relies too heavily on promises to make those fuels green in future, rather than assessing their real impact today.
read more... 19/01/2022
Daily (18.01.2022): Brent oil reached its highest level since 2014 on Monday, lifted by supply disruptions and stronger demand
Oil prices strengthened on Monday, with Brent climbing to its highest in more than seven years, supported by a rise in demand and supply disruptions in Libya and Nigeria among others. Nevertheless, gains were limited by concerns over the Omicron variant. As such, Brent oil edged 0.5% higher at $86.48 a barrel and WTI crude increased by a mere 0.6% to $84.29 a barrel.
read more... 18/01/2022
German government disavows blue hydrogen
The new German government unveiled plans last week to massively increase the ambition of its national hydrogen strategy. There is just one caveat: fossil gas-based hydrogen likely won’t be included in subsidy schemes, despite demands from the oil and gas industry.
read more... 18/01/2022
Key EU lawmaker wants rules to prevent countries dodging emissions cuts
The European Union needs tougher rules and financial penalties to ensure each country cuts greenhouse gas emissions to deliver the bloc's climate targets, according to the European Parliament's lead lawmaker on the policy.
read more... 18/01/2022