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Engie bets on Korean demand with $7 bln Oman green ammonia project

French energy company Engie was awarded a land parcel in Oman on Wednesday, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.

read more... 22/06/2023

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EU tries to pass renewable energy deal, sources say ammonia exception eyed

EU countries hope to pass a deal on new renewable energy targets on Wednesday and are considering options including an exemption for certain ammonia plants, in an attempt to win over countries sceptical of the final law, diplomatic sources said.

read more... 14/06/2023

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UK offshore wind capacity needs to increase by 265% to meet 2030 targets

The UK’s offshore wind capacity will need to increase by 265% to meet government targets. The UK Government seeks to grow offshore wind capacity from 13.7GW to 50GW by 2030.

read more... 13/06/2023

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EU to try again for renewable energy deal after nuclear row

European Union countries will try again next week to pass a deal on new renewable energy targets, which have been stalled by concerns from France and other states that the law sidelines nuclear energy.

read more... 12/06/2023

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German network regulator wants higher returns for grid operators

Germany's network regulator wants to provide operators of power and gas grids higher returns on equity for their outlays, its president said on Wednesday, responding to higher inflation that utilities say threatens investments in these assets.

read more... 08/06/2023

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