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Portugal sees green hydrogen output by end-2022, $12 billion in investment lined up

Portugal will start producing green hydrogen by the end of 2022 and already has private investment worth around 10 billion euros ($12 billion) lined up for eight projects that are expected to move forward, Environment Minister Joao Matos Fernandes said.

read more... 26/02/2021

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Geothermal energy projects in the US receive $46m boost

A total of 17 projects in the US are receiving up to a total of $46 million (£33m) in funding for domestic, carbon-free geothermal energy, with the potential to supply power to homes across the country.

read more... 26/02/2021

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Ford CEO calls on US government to support EV batteries, charging

Ford Motor Co's Chief Executive on Wednesday called on the US government to support battery production and charging infrastructure development, as he outlined the automaker's plan to develop electric platforms for its top-selling trucks, vans and SUVs.

read more... 26/02/2021

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Daily (25.02.2021): Carbon EUAs gained 1.2% on Wednesday amid a rising energy market

Crude prices continued to climb on Wednesday, supported by a decline in US oil supply after a historically cold weather hit the country's main oil regions. As a result, Brent crude increased by 2.6% to $67.04 a barrel and WTI oil rose by 2.5% to $63.22 a barrel.

read more... 25/02/2021

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Ukraine warns of reduction in Russian gas flows to Europe amid high energy demand

Russian state-controlled gas monopoly Gazprom is to reduce gas transit volumes across Ukraine to Europe, despite high demand on the continent due to persistent cold weather.

read more... 25/02/2021

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