Europe seeks $940bn boost for giant offshore wind farms
The European Union wants a massive increase in offshore wind to help clean up the electricity industry and aid the recovery after the pandemic.
European Union
Greece seeks halt to EU-Turkey customs union after vessel carries out seismic survey in disputed waters
Greece is stepping up diplomatic efforts to mobilize European Union partners against Turkey, as Ankara continues its energy prospecting in contested waters of the eastern Mediterranean.
Fourth turbine installed at Shetland Tidal Array as part of EU-funded expansion
Nova Innovation has installed a fourth turbine at the “world’s first tidal array” in Bluemull Sound in Shetland.
Europe set for biggest shift yet in financing cleaner growth
The European Union will unleash as many green bonds as the world issued last year, testing the level of investor interest in financing a shift toward cleaner economies.
Germany to push Greece and Turkey to resume talks on energy clash
German Foreign Minister Heiko Maas urged Greece and Turkey to restart talks over their competing claims to economic sovereignty in contested waters of the eastern Mediterranean as he visits the NATO allies on Tuesday.
Virus era threatens Europe’s war on dirty imports
Europe’s plan to put a price on dirtier imports risks getting caught up in global trade tensions as the fallout from the coronavirus pandemic eclipses climate change as the biggest challenge for governments.
BP backs away from frontier exploration
Despite challenges thrown up by the coronavirus outbreak, BP’s production in Africa was largely unchanged, although exploration and development has been pushed back.
Brent hits four-month high as hopes of economic recovery rise
Oil climbed to the highest level since early March in London as hopes for an economic recovery from the coronavirus crisis lifted financial markets.
OGUK urges government to be ‘mindful’ of impact from new Brexit customs costs
Oil and Gas UK (OGUK) has urged the UK Government to be “mindful” of any additional costs to the sector as it plans new Brexit customs charges.
Brexit ‘got in the way’ of UK sector collaborating on North Sea Wind Power Hub
Brexit has “got in the way” of the UK collaborating on a major North Sea wind “island” complex, according to one of the project’s main partners.
Saipem wins £225m Baltic Sea pipeline project
Engineering firm Saipem has won a £225million project to transport and install a new natural gas pipeline in the Baltic Sea.
EU ‘slows down’ progress on renewable energy targets, EEA data suggests
The European Union's progress on expanding the use of renewable energy has "slowed down", according to data collated by the European Environment Agency (EEA).
North Sea task force set up to make sure Aberdeen keeps millions rolling in
An Aberdeen councillor is banking on a new task force to make sure Aberdeen benefits from European Union funding post-Brexit.
Incinerator could become £180million white elephant, warn European lawmakers
The European Union has warned that new rules could turn a planned £180million incinerator in the north-east into a white elephant.
EU emissions drop not as steep without UK
Brexit could make it harder for the European Union to meet its climate targets, carbon pollution figures show.
EU carbon permits drop amid doubt Europe will adopt price floor
European Union carbon allowances declined at the fastest pace since June 1 amid skepticism that the region will adopt a proposal by France to include a minimum price in almost-daily auctions of the contracts.
Gazprom warns EU of impending gas crisis
Gazprom has warned the EU of a wide-scale gas market crisis and underinvestment amid falling commodity prices unless Brussels revises its "contradictory" energy policies.
Gaelectric compressed air project to get £6.5million grant
The UK’s first compressed air energy storage project is to be awarded almost 6.5 million euro (£4.6m) by the European Union. It will hold air in specially engineered salt caverns under high pressure on Northern Ireland’s east coast before releasing it to drive turbines and create power for the grid. The money will pay for environmental impact assessments, planning and design, the Gaelectric firm behind the innovative scheme said. The system could generate up to 330 megawatts of electricity - enough to sustain thousands of homes - for up to six hours and the EU said it will contribute to energy security in the UK and Ireland.
Serbia to see surge in wind power output by 2025
Onshore wind capacity in Serbia is expected to surge by 2025, boosted by a number of new projects in the country. The total onshore wind installed capacity will increase from just 20 (MW) Megawatts last year, to an estimated 542MW in the next 10 years. Serbia’s wind capacity has been boosted in the past three years by a number of new projects.