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Fortum picks up 800GWh Finnish PPA

Chemical manufacturer Borealis has signed a power purchase agreement (PPA) with Fortum to source 800 gigawatt-hours of electricity from two onshore wind farms to be built in Finland.

read more... 18/02/2022

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European Union to toughen emissions test for hybrid cars

The European Union plans to toughen its method for measuring carbon dioxide emissions from plug-in hybrid cars, two sources familiar with the matter said, after criticism that current tests yield results up to four times below real-world emissions.

read more... 07/02/2022

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EU to propose green investment label for gas and nuclear energy

The European Commission is set to propose rules on Wednesday to allow some gas and nuclear power plants to be labelled as green investments, with minor changes to a previous draft proposal, a Commission source told Reuters.

read more... 02/02/2022

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Investor clash on gas and nuclear muddies EU green finance drive

European efforts to reach a common definition of sustainable investments risk fragmenting the market they aimed to unify, as investors are deeply divided over which energy sources should count as green.

read more... 26/01/2022

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Italy prepares energy package to curb surging bills

Italy is preparing measures, including an increase in domestic gas output, to try to lower surging energy bills, four government and political sources told Reuters on Friday, adding the measures could be approved as early as this month.

read more... 17/01/2022

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