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German government agrees on law to speed up LNG terminal construction

The German government has submitted a legislative proposal to speed up the permitting process and construction of onshore and floating liquified natural gas (LNG) terminals, as well as the necessary pipelines to connect them to the grid.

read more... 12/05/2022

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EU Commission considering higher renewable energy target for 2030

The European Commission is looking to increase the EU’s renewable energy target for 2030 as part of plans due next week, which also include faster permitting rules for new projects and a solar strategy that could make rooftop solar mandatory for all new buildings, according to leaked proposals seen by EURACTIV.

read more... 12/05/2022

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Daily (11.05.2022): The price of Brent crude oil decreased for the third consecutive day

The price of Brent crude oil decreased for the third consecutive day due to the lack of an EU resolution on a restriction on Russian imports. As a result, on Tuesday, the price fell by 3.3% to $102.46 per barrel.

read more... 11/05/2022

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Rotterdam aims to supply 4.6 million mt/year of hydrogen by 2030

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

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Portugal set to start up Europe's largest floating solar park

Two tugboats have moved a vast array of 12,000 solar panels, the size of four soccer pitches, to their mooring on Portugal's Alqueva reservoir in preparation to start up Europe's largest floating solar park in July.

read more... 11/05/2022

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