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Germany’s hydrogen import bill estimated at €1.2-7bn by 2030

Germany will not be able to meet all of its hydrogen demand from piped gas, the cheapest way of transporting hydrogen, forcing the country to rely on costlier shipping options instead, according to a new study by influential think-tank Agora Energiewende.

read more... 18/09/2023

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Daily (15.09.2023): Brent crude soared by 2% to $93.70, the highest level since November, supported by supply concerns and strong demand

Oil prices climbed by 2% on Thursday, again reaching their highest level since November, boosted by fears of insufficient supply in the face of persistent demand for oil. As a result, Brent crude settled at $93.70 a barrel, while WTI crude stood at $90.16 a barrel.

read more... 15/09/2023

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French power tariffs could rise by 10% in early 2024

French electricity tariffs could rise by up to 10% in early 2024, the country's energy regulator said on Thursday, while cautioning it was too early to say exactly how much inflation-hit consumers will have to pay to keep the lights on next year.

read more... 15/09/2023

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More funding to progress UK nuclear-generated hydrogen project

An EDF-led consortium has been awarded UK government funding to further develop plans to use heat and electricity from Heysham 2 to create hydrogen for use in the production of asphalt and cement. Earlier this year, a feasibility study demonstrated the significant benefit the project would bring in proving how nuclear could power hydrogen electrolysis.

read more... 15/09/2023

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UK-Germany energy link on track as construction advances

Construction is well underway on the £2.4 billion NeuConnect project, a pivotal energy link set to connect the UK and Germany.

read more... 15/09/2023

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