"Today, the US is imposing sanctions on the Russia-based entity KVT-RUS and identifying the vessel Fortuna as blocked property," Pompeo said in a statement.

The European Commission is planning to issue new proposals for gas legislation in the last quarter of 2021. EU gas markets are on the cusp of dramatic changes.

In December 2020, the European Commission approved, under EU State aid rules, the €30bn SDE++ scheme.

In October 2020, the Scottish government raised its target for offshore wind power capacity by 2030 from 8 GW to 11 GW.

The Thor wind park will be built off the coast of Thorsminde at an estimated cost of DKK 15.5 billion (USD 2.53bn/EUR 2.08bn).

Renewable electricity production was 262.8 TWh, up by 12.4% compared to October 2019 and by8.7 % compared to September 2020.

Located at the heart of Total's La Mède biorefinery and powered by solar farms with a total capacity of more than 100 MW, the 40 MW electrolyser will produce 5 tonnes of green hydrogen per day to meet the needs of the biofuel production process at Total's La Mède biorefinery, avoiding 15,000 tonnes of CO2 emissions per year.

Renewable power generation in Britain accounted for 37.3% of total production in 2020 (24.8% from wind, 6.5% from biomass, 4.4% from solar, and 1.6% from hydro).

Home to a growing population and rising energy demand, the UAE is leveraging its abundant renewable resources and global technology partners to dramatically reduce its carbon footprint. Chief among its collaborators is the UK, which has a long history of greentech expertise and implementation.

There are several new undersea power cable interconnector projects about to become operational across Europe. These high-voltage direct-current (HVDC) projects will enable significant transfers of renewable energy.

Gas from Russia is transmitted by the TurkStream offshore gas pipeline and further across Turkey.

In January 2020, Russia and Turkey officially commissioned the 31.5 bcm/year TurkStream gas pipeline stretching 930 km across the Black Sea and that will supply 15.75 bcm/year to Turkey and 15.75 bcm/year to Bulgaria, Serbia and Hungary.

The US Senate on Jan. 1 voted to override President Donald Trump's veto of the US National Defense Authorization Act (NDAA) which includes new provisions related to Nord Stream 2 under the Protecting Europe's Energy Security Clarification Act (PEESCA).

The pan-European STOXX 600 index was up 0.2%, while UK’s FTSE 100 rose 0.7% and Germany’s DAX gained 0.2%.

The highest increase in cumulative capacity was observed in Bulgaria (+15%), Denmark and Poland (over 10% growth).