The Teesside plant in northern England will have capacity of up to 1 gigawatt (GW) of so-called blue hydrogen, about a fifth of Britain’s target of 5 GW of hydrogen capacity by the end of the decade.

Spanish utility group Iberdrola SA (BME:IBE) has signed a joint-venture (JV) agreement with Cosmo Eco Power Co Ltd, a subsidiary of Cosmo Energy Holdings Co Ltd (TYO:5021), and Hitachi Zosen Corp (TYO:7004) to co-develop the 600-MW Seihoku-oki offshore wind project in Japan.

Under the carbon-neutral arrangements, Gazprom and Shell in partnership offset the carbon footprint of the cargo with VCS (Verified Carbon Standards) and CCB (Climate, Community and Biodiversity) emission certificates.

The company will invest around £10bn (€11.6bn) in its power transmission network by 2026.

The share of renewables in the total daily power production stayed above 50% throughout the month and twice reached 68.4%,

Ukraine's electricity grid needs the construction of new nuclear power units, Yuriy Boyko, the country's deputy energy minister said last week.

The UK, as host of the next round of UN climate talks, must take the opportunity to show how nuclear energy is essential to decarbonisation,

"Nuclear power should be right at the heart of green hydrogen production, alongside renewable technology.

The GBP-6.5-billion (USD 8.8bn/EUR 7.3bn) mega-project, with its three separate wind farms in the plans, would use over 200 units of the Siemens Gamesa 14-MW turbines.

In November 2020, the Spanish Council of Ministers approved a decree establishing a new regulatory framework for renewable energy auctions, the Economic Renewable Energy Regime (Régimen Económico de Energías Renovables, REER).