Latest news

Industry sceptical Spain can meet higher H2, storage targets

The Spanish government on Tuesday raised its 2030 green hydrogen capacity goal by 1 GW to 12 GW and increased its storage target by 0.5 GW to 22.5 GW, but industry experts expressed scepticism that the aims could be met.

read more... 25/09/2024

news

EC approves EUR 2.7bn Austrian aid to cut CO2 from industry

The European Commission has approved Austria’s plans to offer up to EUR 2.7bn in state aid to its companies to support them cutting their carbon emissions from industrial processes, it said on Thursday.

read more... 20/09/2024

news

UK will be Europe’s floating offshore wind hub by 2030

“Floating wind is a relatively young industry [but] by 2030 we expect floating offshore wind additional capacities to reach 2,000 MW, of which 1,471 MW are expected in the UK,” a spokesperson for WindEurope told Montel.

read more... 09/09/2024

news

French industry fears inertia on key energy, climate dossiers

Untreated dossiers like hydrogen, nuclear energy, and carbon capture are piling up on the desks of absent ministers, as France remains without a government since the July elections. Industry fears this governmental paralysis puts the country’s energy and climate goals and associated investment at risk.

read more... 06/09/2024

news

UK Windfall Tax Hike Could Cost the Government $16 Billion

The planned additional hike in the UK’s windfall tax on North Sea oil and gas operators could lead to $16 billion (£12 billion) lower tax receipts for the country compared to the current tax regime, offshore industry group OEUK warned in a new report on Monday.

read more... 03/09/2024

news