Ukraine hopes to make €1.5 billion from electricity exports to the European Union by the end of the year and earn to more in the future after obtaining the right to export its energy there, a Ukrainian energy ministry adviser said on Wednesday (8 June). Former Soviet Ukraine’s electricity grid …
Read More »Italy’s Scramble for Fuel Risks Irreversible Warming
New planned LNG import facilities in the EU – especially in Germany, Italy, Greece, and the Netherlands – could supply a quarter more gas to the EU than before, with Italy ramping up gas imports and production and deviating from climate objectives, a report from the Climate Action Tracker (CAT) …
Read More »The Netherlands, Germany Announce Joint North Sea Drilling Operation
The Netherlands and Germany will drill for gas in the North Sea together, with production expected to start in 2024, the Dutch government has announced. According to the Dutch government’s website, production will take place in the North Sea, about 19 kilometres north of Schiermonnikoog and Borkum. A pipeline is …
Read More »Urgent Action Needed if Ireland to Meet Climate Targets
Urgent and additional measures are needed if Ireland is to meet the climate targets it has set for itself, the country’s Environmental Protection Agency (EPA) has said in a newly released report. According to the EPA’s greenhouse gas emissions projections 2021-2040, published on Wednesday (1 June), “urgent implementation of all …
Read More »Spain to Call for more Energy Ambition in EU at Brussels Summit
Prime Minister Pedro Sánchez will call for more ambition to implement the reform of the European electricity markets and reduce energy bills on Monday and Tuesday at the EU summit in Brussels, Spanish official sources told EURACTIV’s partner EFE. Sánchez, together with other EU leaders, will participate in the extraordinary …
Read More »Hungary Lets Serbia Store Gas to Ensure Steady Winter Supply
Serbia can use Hungary’s facilities to store 500 million cubic metres of gas to secure a steady supply during winter according to an agreement reached between both states in Budapest Wednesday. “We’ll start filling the storage by the end of June. Serbia will be able to withdraw three million cubic …
Read More »Italy’s Eni Starts Procedures to Pay for Russian Gas in Euros and Roubles
Italian energy giant Eni has started procedures to open accounts in euros and roubles with private Russian bank Gazprombank, the company announced on Tuesday. In April, Moscow said it would only continue gas exports in exchange for roubles in response to the West’s sanctions. The European Commission issued then the …
Read More »Gazprom did not Reserve Gas Transit Capacity for June via Slovakia, Poland
Gazprom decided not to renew its capacity share via the Yamal gas pipeline that runs through Poland nor the capacity transit via Slovakia for June, Czech press agency ČTK reported based on their findings of the results of an energy auction. Gazprom announced last week that it would not transport …
Read More »Czechia Plans LNG Imports from Baltics by Train
Czech state fuel distributor Čepro is ready to build a liquefied natural gas (LNG) terminal in the country so gas could be transported from the Baltics by train. In the future, ship transport is also possible if the navigability of the Elbe River is resolved. Planned LNG transhipment facility is …
Read More »Spain Becoming One of Europe’s New Hydrogen Hubs
Spain is becoming one of Europe’s new hydrogen hubs, said European Commission President Ursula von der Leyen during a press conference in Barcelona on Friday, adding that the country has always been a “front runner” in the NextGenerationEU plan. “This is a defining moment for Europe and for our future,” …
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