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France aims to subsidise hydrogen with carbon capture
The government was drafting a decree that would not register greenhouse gas emissions from hydrogen production when the CO2 was captured to be used in other industrial processes or stored, the economic daily added.
read more... 08/05/2024
Ireland identifies four coastal areas for offshore wind projects
The Irish Ministry for the Environment, Climate and Communications has unveiled the draft South Coast Designated Maritime Area Plan (DMAP), marking a step towards harnessing offshore renewable energy.
read more... 08/05/2024
Daily (07.05.2024): Carbon prices rose by 2% on Monday amid weaker auctions supply
Oil prices saw a modest increase after a series of geopolitical developments. Hamas accepted a ceasefire proposal mediated by Qatar and Egypt, but Israel rejected it, citing unmet core demands. Concurrently, Saudi Arabia announced an increase in its official selling prices for June, affecting most regions. As a result, Brent crude rose by 0.5% to $83.33 a barrel, and WTI crude also increased by 0.5% to $78.48 a barrel.
read more... 07/05/2024
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Global solar PV manufacturing capacity meets decade’s net zero targets
Global manufacturing capacity for solar PV is already aligned with the targets set for this decade on a net zero pathway, with battery capacity not far behind, according to a new report by the International Energy Agency (IEA).
read more... 07/05/2024
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UK tribunal gives go ahead for lawsuit against Europe power cable-makers
ALondon tribunal has given the green light for a £790m lawsuit against European power cable suppliers to proceed to trial, with allegations of a cartel inflating UK electricity costs, Reuters has reported.
read more... 07/05/2024