In September 2020, total net electricity production in the OECD was 841.0 TWh, down by 3.2% compared to September 2019 and down by 10.4% compared to August 2020. In the first three quarters of 2020, total electricity production was 7,731.5 TWh, down by 3.3% compared to the same period in 2019.

"Nord Stream 2 confirms the resumption of pipelay works planned for Dec. 11," a project spokesman told

The Green Hydrogen Catapult target will require investment of roughly $110 billion and deliver more than 120,000 jobs, according to the groups.

Since 1990, GHG emissions in the EU have been steadily declining, with emissions in the EU 27 falling to 24% below their 1990 levels in 2019.

Construction work on the Nord Stream 2 gas pipeline in the Baltic Sea will resume this week, despite U.S. sanctions designed to end the pipeline that will bring Russian gas to Germany.

The DNV GL spokesman said: "Under these new guidelines, we find DNV GL's verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable."

The pan-European STOXX 600 index edged up 0.3%

Wintershall Dea is one of five European energy companies -- along with France's Engie, Austria 's OMV, Anglo-Dutch Shell and Germany's Uniper -- that have co-financed the project, each committing to invest Eur950 million.

The pan-European STOXX 600 index was up 0.8%

With its sunny plains, windy hillsides and gas infrastructure, Spain is keen to lead production of hydrogen using renewable resources, a process seen as key to meeting carbon emissions targets provided costs can be brought down.