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NS2 operator certification unlikely until 2022

German energy regulator Bnetza has until early January to reach and publish a draft decision on the 55bn m³/yr Nord Stream 2 project developer's application to act as the line's operator, with a final decision not likely until summer 2022.

read more... 14/09/2021

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Italvolt purchases land, moves closer to building 45 GWh gigafactory

Future European battery maker Italvolt has signed a land purchasing agreement for an area of 1 million square meters in Italy's Scarmagno municipality for its planned 45 GWh gigafactory, taking it one step closer to starting battery production.

read more... 14/09/2021

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World’s largest direct air capture and CO2 storage plant on in Iceland

Last week, Swiss company Climeworks launched Orca, the world’s largest direct air capture and storage plant that permanently removes CO2 from the air. The plant is located in proximity to the Hellisheidi geothermal power plant by ON Power near Reykjavik, Iceland.

read more... 14/09/2021

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Daily (13.09.2021): European carbon prices slumped by nearly 3% on Friday, weighed by profit-taking and news on Nord Stream 2

Oil prices increased on Friday, on market optimism over improving Sino-US relations. At the same time, crude production in the Gulf of Mexico continues to suffer eleven days after the hurricane, lending additional support to prices. Hence, Brent oil gained 2.1% at $72.92 a barrel and WTI crude surged by 1.9% to $69.43 a barrel.

read more... 13/09/2021

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Britain announces biggest round of its renewable energy scheme

The British government will announce the biggest round of its renewable energy scheme on Monday, hoping to build up enough extra offshore wind capacity to power about eight million homes.

read more... 13/09/2021

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