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€800 million to jolt the market: Europe’s hydrogen boosters activate

The EU’s Hydrogen Bank has begun operations and is offering €800 million to hydrogen producers to kickstart demand for the fuel crucial to industrial decarbonisation.

read more... 28/11/2023

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Daily (27.11.2023): Oil prices declined by 1% on Friday amid market’s waning confidence in OPEC's production quota adjustments

On Friday, oil prices declined by more than 1% in a thinly traded market where confidence in a substantial adjustment to production quotas by OPEC and its allies has diminished. Consequently, Brent crude settled at $80.58 per barrel, while WTI crude ended at $75.54 per barrel.

read more... 27/11/2023

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EU plans boost for power grid investment

The European Commission has drafted plans to scale up investment in Europe's power grids, including dozens of projects earmarked for priority access to permits and EU funding, a draft document seen by Reuters showed.

read more... 27/11/2023

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Finland opens auction for offshore wind totalling 7.5GW

The Finnish Government has announced a new offshore wind auction totalling 7.5GW to boost the country’s renewable energy generation

read more... 27/11/2023

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UK allocates £2bn for zero emission vehicle supply chain

The UK Government has unveiled its Battery Strategy, a pivotal roadmap to enhance domestic supply chains for electric vehicles (EVs) and diminish reliance on Chinese-made batteries.

read more... 27/11/2023

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