The rules governing the EU's internal gas market will in future also apply to pipelines to and from third countries. The Council today formally adopted an amendment to the so-called gas directive which aims at closing a legal gap in the EU's regulatory framework and boosting competition in the gas market. This is the final step in the legislative process.
Austrian power grid operator APG plans to invest Eur2.5 billion over the next 10 years to future-proof its network against a massive expansion of wind and solar, it said.
Gazprom would be able to honor its minimum contractual commitments to EU customers without Nord Stream 2 or Ukrainian gas transit from January 1, 2020
Royal Dutch Shell has decided to exit a Baltic liquefied natural gas (LNG) project led by Russian state gas major Gazprom on the Russian Baltic coast.
The parties discussed key areas of cooperation between the companies, including gas supplies and the ongoing construction of the Nord Stream 2 gas pipeline.
Bulgaria, which is heavily dependent on Russian gas for its domestic needs, will lose hefty transit fees when TurkStream becomes operational at the end of this year and Gazprom stops its gas deliveries to Turkey, Greece and Macedonia via Bulgaria in 2020.
It was noted that France ranks among Gazprom's key markets in Europe. The Company's gas exports to the country grew by 58 per cent in five years, reaching 12.9 billion cubic meters in 2018.
The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Such investments shall be subject to the same profitability and transparency requirements as the other investments of the Fund, says Siv Jensen, Minister of Finance.
The EU section of Russia's planned 55 Bcm/year Nord Stream 2 gas link to Germany could face tariff regulation from March at the latest after the European Parliament signed off changes to the EU's gas directive on Thursday.
France's EDF has launched a hydrogen production and distribution subsidiary to support decarbonisation of industry and mobility using low-carbon electricity from its nuclear and renewable energy fleet.
NOVATEK announced that it has signed a non-binding Heads of Agreement for the supply of LNG with Repsol.
НОВАТЭК и трейдинговая компания Vitol S.A. объявили о подписании Базовых условий соглашения на поставку СПГ
According to the latest figures published by Energy Charts from German solar research institute Fraunhofer ISE, renewable energy accounted for 54.45% of net electricity generation in March.
CT - Provisional figures published by the UK Government on Thursday show that renewable energy sources generated a record amount of electricity in 2018, increasing by 11.8% over 2017 levels, led by a record year for wind energy generation which provided 17.1% of the UK’s electricity.
WNN - The UK and the European Commission signed a contract extension today for the world’s largest fusion research facility, Joint European Torus (JET). The extension secures at least EUR100 million (USD112 million) in additional inward investment from the EU over the next two years and "brings reassurance" for the more than 500 staff at the site in Culham, near Oxford, the Department for Business, Energy & Industrial Strategy (BEIS) said.