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Vulcan Energy inks 20-year geothermal energy supply deal with Germany’s MVV

Vulcan Energy has signed a deal with Germany's fifth biggest utility firm MVV Energy for at least 240 gigawatt hours per year of geothermal energy starting in 2025, the company said on Tuesday.

read more... 06/04/2022

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SSE unveils plans for green hydrogen at Scottish wind farm

SSE has unveiled plans to produce and deliver green hydrogen through electrolysis using renewable energy from its Gordonbush onshore wind farm in the Scottish Highlands.

read more... 05/04/2022

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Hertz to buy up to 65,000 electric vehicles from Polestar

Rental car firm Hertz Global Holdings said on Monday it would buy up to 65,000 electric vehicles over five years from Swedish EV maker Polestar, the latest move by the rental car firm to add zero-emission models.

read more... 05/04/2022

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BECCS project included in €1.1bn EU grants

The European Commission has signed grant agreements of €1.1 billion with seven large-scale low-carbon technology projects, including a BECCS development.

read more... 05/04/2022

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Daily (05.04.2022): Oil prices increased sharply on Monday as Europe considers more sanctions in Russia

Oil prices rebounded sharply on Monday as the EU is considering further sanctions against Russia, potentially including energy imports, due to war crimes in Ukraine. Hence, Brent crude soared by $3.14, or 3%, to settle at $107.53 a barrel. U.S. WTI crude surged by $4.01, or 4%, to settle at $103.28 a barrel.

read more... 05/04/2022

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