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Iberdrola opens 1.1GW hydroelectric storage project in Portugal

Spanish energy utility Iberdrola has officially opened the Tâmega Gigabattery hydroelectric storage project in Portugal.

read more... 20/07/2022

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EU launches 5.4-billion-euro hydrogen project with Alstom, Daimler, others

The European Commission on Friday approved a 5.4-billion-euro ($5.4 billion) hydrogen project jointly funded by 15 EU countries and 35 companies including Alstom and Daimler Truck, seeking to gain the edge in an innovative sector.

read more... 18/07/2022

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Drax plans GBP-2bn bioenergy-plus-CCS project

UK power producer Drax Group Plc  plans to invest GBP 2 billion (USD 2.39bn/EUR 2.37bn) this decade in the development of two units under a bioenergy-with-carbon-capture-and-storage (BECCS) project at its North Yorkshire power station.

read more... 13/07/2022

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EU invests €1.8bn in energy transition technologies

The EU today announced €1.8bn ($1.8bn) of funding for 17 large-scale renewable energy and decarbonisation projects — including hydrogen, renewable power generation and advanced biofuels projects.

read more... 13/07/2022

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UK regulator Ofgem confirms need for huge Eastern HVDC link

UK energy regulator Ofgem has confirmed its support for the proposed 4-GW Eastern High Voltage Direct Current subsea power cable project between Scotland and England, which at GBP3.4 billion ($4.07 billion) would be Great Britain's largest electricity transmission project in recent history.

read more... 12/07/2022

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