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Italy plans to become EU gas hub by 2027
Italy plans to become a gas hub for EU neighbours within three years by harnessing energy from North Africa amid the current geopolitical turmoil threatening supply, said energy minister Pichetto Fratin on Tuesday.
read more... 17/04/2024
Five European countries open their doors to cross-border CO2 storage
Five northern European countries – Denmark, Norway, Belgium, the Netherlands, and Sweden – have laid the foundations for Europe’s carbon capture and storage (CCS) infrastructure by joining forces to conclude arrangements on the transport and storage of carbon across borders.
read more... 17/04/2024
Daily (16.04.2024): Day ahead power contracts rocketed on Monday amid low renewables
Oil prices fell slightly on Monday as the Iranian attack on Israel appeared to be less destructive than anticipated. Brent crude decreased by 0.4% to $90.10 a barrel, while WTI crude experienced a 0.3% drop to settle at $85.41 a barrel.
read more... 16/04/2024
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EU countries to pledge help for solar sector, but no trade curbs on China
Most European Union countries are set to commit more support to help Europe's ailing solar panel manufacturers on Monday, but steer clear of restrictions on cheap panel imports from China, a draft document showed.
read more... 16/04/2024
France announces simplification measures for geothermal permitting
France’s Ministry of the Economy, Finance, Industrial and Digital Sovereignty has announced measures to simplify the mining procedures related to geothermal energy, CO2 storage, and critical minerals. Among other improvement, the new measures aim to cut the permitting time by half for exclusive research permits related to geothermal projects.
read more... 16/04/2024