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Italian gas grid operator Snam to invest 11.5 billion euros by 2027
Italy's Snam, opens new tab will invest 11.5 billion euros ($12.5 billion) by 2027 to expand its infrastructure to support the country's energy transition, 15% more than in its previous business plan, the gas network operator said on Thursday.
read more... 26/01/2024
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€400bn needed for offshore grids by 2050
Europe’s first-ever Offshore Network Development Plan, published on Tuesday (23 January), highlights the huge investment needed to connect offshore wind farms to final consumers, with an estimated 54,000 kilometres of transmission assets expected to be built in European waters by 2050 – almost 1.5 times the equator’s length.
read more... 25/01/2024
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Belgium to focus on energy grids, H2 during EU presidency
Developing more power grids, offshore energy and international hydrogen trade are three of Belgium’s strategic energy priorities during its six-month EU presidency until the end of June.
read more... 24/01/2024
Belgium to focus on energy grids, H2 during EU presidency
Developing more power grids, offshore energy and international hydrogen trade are three of Belgium’s strategic energy priorities during its six-month EU presidency until the end of June.
read more... 24/01/2024
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German gas storage levy against EU law
The German storage levy charges a fee on all gas exiting the German grid, set at €1.86/MWh for January-June, with the aim of recouping money spent to purchase strategic reserves in 2022.
read more... 10/01/2024