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Russia to substitute decline in gas exports to Europe by ‘blue’ hydrogen

The European policy of carbon neutrality will inevitably lead to a decline in direct supplies of Russian natural gas and affect derived revenues by 2050, the department head of Gazprom Export, the export arm of Russia’s top gas producer Gazprom, Sergey Komlev said in an interview with Gazprom’s in-house magazine, adding that Russia can maintain its export positions on the European market using ‘blue hydrogen’ deliveries.

read more... 04/08/2021

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Naturgy to plough $16.5 bln into renewables, networks by 2025

Spanish power group Naturgy said on Wednesday it plans to invest 14 billion euros ($16.54 billion) mostly to ramp up its renewable generation capacity and transform power and gas networks to boost core earnings around 30% by 2025.

read more... 29/07/2021

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Europe to boost battery production as electric shift accelerates

As electric car sales take off and petrol engines face being phased out by 2035, Europe is looking to develop its own battery production base.

read more... 27/07/2021

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Eni to buy 1.2GW Spanish renewables portfolio

Italian energy company Eni is to buy 1200MW of Spanish wind and solar projects from Madrid-based European private equity manager Azora for an undisclosed price.

read more... 27/07/2021

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bp and EnBW submit £10bn bid to ‘accelerate Scotland’s energy transition’

bp and EnBW have submitted a bid for offshore wind in Scotland that could make the country a global leader in the field and accelerate its energy transition.

read more... 26/07/2021

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