Germany will make €550mn ($572mn) available to help establish green hydrogen projects in developing countries through two new investment funds.
read more... 16/11/2022
A stronger US dollar put downward pressure on crude oil prices on Monday. Moreover, an increase in coronavirus cases in China dashed hopes for a speedy reopening of the world's largest crude importer. As a result, Brent crude dropped by 3%, to end at $93.14 per barrel, while WTI fell by 3.5% to $85.87 a barrel.
read more... 15/11/2022
Irish and French energy regulators confirmed that the Celtic Interconnector will be completed by 2027, despite a substantial re-evaluation of the project’s costs. The French grid operator also confirmed the partial launch of the Savoy-Piedmont electricity interconnection.
read more... 15/11/2022
The German Parliament's upper house - Bundesrat - on Monday approved the federal government's plan to cover December's gas bill for households and certain businesses. The payment is intended to bridge the gap until the planned introduction of the gas price brake next March.
read more... 15/11/2022
Slovakian battery maker InoBat said on Monday it has signed declarations of intent with the Serbian government to build an electric vehicle (EV) battery factory in the Balkan country with a capacity of up to 32 gigawatt hours (GWh).
read more... 15/11/2022