Orkney wave energy project gets £16m in joint EU and UK funding
A 1 MW wave energy demonstration project in Orkney has secured €19.6 million (£16.5m) for a two year grid connected trial.
European Union
Europe’s giant bet on green hydrogen is full of holes
The tree-lined street in Leipzig may seem an incongruous beachhead for the future of German energy. But the government has billions riding on its success.
EU ramps up pressure on China’s green tech with wind probe
The European Union ramped up pressure on Chinese clean-tech investments potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy.
Why politicians are stoking a climate backlash that threatens green goals
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
Climate measures risk sparking social unrest, German agency warns
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Germany to allow carbon storage to pave way for lower emissions
Germany will allow heavy industries who don’t have other ways of cutting emissions to transport and store carbon underground, a reversal of the government’s original stance as it bolsters efforts to reach climate neutrality.
EU industry calls for green shift help to keep up with China, US
The heads of major industrial companies want the European Union to cut energy costs and the regulatory burden of green rules to help the region stay competitive as the energy transition accelerates.
Europe wary of clean-tech protectionism on green-transition cost
The European Union is shying away from further measures to protect its embattled clean-tech industry from cheap Chinese imports over concerns it could make it harder to source key components and raise the cost of the green transition.
EU risks escalating spat with farmers, business over climate
The European Union issued its most ambitious climate roadmap just as the bloc is facing severe headwinds from angry farmers and an ailing industrial base increasingly alarmed about the high costs of a rapid green transition.
EU Sees Electricity Production Doubling by 2050 to Reach Net Zero
The European Union estimates it will need to more than double its electricity generation by the middle of the century and boost renewables to reach its ambitious goal of climate neutrality.
EU set to seek ambitious goal of 90% emissions cut by 2040
The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.
North Sea boss calls for new licences to be issued until 2035
Francesco Mazzagatti called for the UK to develop a more coherent energy transition policy inclusive of oil and gas producers.
EU trails its ambitions despite adding record wind farms in 2023
The European Union built a record number of new wind farms in 2023 but is still trailing its own targets for adding the renewable resource to its energy mix to reach its climate ambitions and cut reliance on Russian gas.
EU plans big scale up of carbon removals to reach climate neutrality
The green shift in the 27-nation bloc, which is already legally bound to reduce greenhouse gases by 55% this decade, will affect every corner of the economy.
Edinburgh University leads EU funded carbon removal collaboration hub
University of Edinburgh researchers spearhead €5.2 million EU-funded project to establish European carbon removal market.
EU Commission launches £700m inaugural European Hydrogen Bank auction
The EU Commission has launched its first European Hydrogen Bank auction with €800 million (£695m) in subsidies available for renewable hydrogen production.
French fund rule puts $7.6 billion of oil, gas assets at risk
A French rule targeting ESG funds has the potential to force oil and gas divestments of €7 billion ($7.6 billion), according to an analysis by Morningstar Inc (NYSE: MORN).
EU strikes deal to curb methane emissions in oil, gas supply
European Union negotiators struck a deal to curb methane releases from fossil-fuel infrastructure and plotted a course to monitor and limit the emissions associated with imported energy sources.
Scottish Government downgrades estimate of European offshore energy share
Ministers now say Scotland has around 10% of European Union offshore energy potential, down from previous claims of 25%
EU aims to boost its wind industry to counter China’s clean tech ambitions
The European Union launched a wind power package on Tuesday to counter the growing influence of China and spur its own industry, as the bloc focuses more firmly on China as the biggest threat to its clean-tech industry.
Operational clean hydrogen projects set to double within five years
Report shows the pace of development in the global hydrogen sector is accelerating, and the researchers are warning the UK is at risk of falling further behind the European Union and the United States.
EU aims to counter China by bolstering wind energy industry
The European Union will pledge to prop up its wind industry in the face of toughening global competition, supply-chain bottlenecks and financing concerns to ensure that the bloc can meet ambitious climate and sustainable growth plans.
Wind power package for Europe to be presented in October
The European Union is planning to unveil measures to help its ailing wind sector next month, after supply-chain bottlenecks and higher financing costs have put a brake on projects.
Europe is set for a record solar summer and is wasting it
The European Union should take steps to stop the waste of solar energy and limit negative pricing in order to encourage investment, according to renewable energy groups.
Questions raised before Europe reforms kick in by end of year
The most significant legislative development for employers in the Oil & Gas sector this year is the Retained EU Law (Revocation and Reform) Bill (the “Bill”).