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German Government approves hydrogen import strategy

The German Government has approved an import strategy for hydrogen and its derivatives, in a move that will complement the national hydrogen strategy.

read more... 30/07/2024

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Government raises Energy Profits Levy

The UK Government is raising the Energy Profits Levy from 35% to 38%, starting 1st November 2024.

read more... 30/07/2024

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Daily (29.07.2024) : British gas prices rebounded on Friday due to issues at the Freeport LNG export facility in the US

Oil prices fell on Friday, affected by China’s struggling economy despite ongoing tensions in the Middle East. As a result, Brent crude dropped by 1.5%, closing at $81.13 a barrel, while WTI crude declined by over 1.4%, settling at $77.16 a barrel.

read more... 29/07/2024

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EC approves EUR 1.2bn Spanish state aid for green hydrogen

The European Commission (EC) has granted approval for Spain’s plans to provide state aid totalling EUR 1.2bn for large-scale green hydrogen projects to boost the country’s energy transition.

read more... 29/07/2024

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TenneT increases grid investment to €4.6bn

The company increased its investment by €1.1bn ($1.19bn) from €3.5bn in the same period last year.

read more... 29/07/2024

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