Germany and the United States have advanced in negotiations on the Nord Stream 2 gas pipeline project, German Foreign Minister Heiko Maas said on Wednesday. “In recent weeks, a lot of preliminary work has been done, and I believe that our positions have become closer on many points”, Maas said, …
Read More »Germany Leads Call to Keep Nuclear Out of EU Green Finance Taxonomy
A group of five EU member states led by Germany have sent a letter to the European Commission asking for nuclear energy to be kept out of the EU’s green finance taxonomy. The letter – signed by the environment or energy ministers of Austria, Denmark, Germany, Luxembourg, and Spain – …
Read More »USA and Germany Plan to Compensate Ukraine’s Losses Due to Nord Stream 2
The United States and Germany want to compensate Ukraine for losses after the launch of the Nord Stream 2 gas pipeline, Bloomberg reports citing sources. The agreement, which some officials hope to have ready for Chancellor Angela Merkel’s visit to Washington next month, could see the countries commit to bolstering …
Read More »Germany says Turkey should negotiate on eastern Mediterranean gas plans
Germany said Turkey should negotiate a solution to its disputed natural gas exploration plans in the eastern Mediterranean. German Defence Minister Annegret Kramp-Karrenbauer called for an agreement after meeting with Turkish Defence Minister Hulusi Akar on Thursday in Ankara. The talks focused on tensions in the eastern Mediterranean and NATO’s …
Read More »Germany to Build 475km Pipeline Network as Part of €8bn Hydrogen Fund
Two natural gas grid operators have announced plans to build a 475km hydrogen gas transport network in eastern Germany. Leipzig-based Ontras Gastransport and Kassel-based Gascade will develop the system as part of a hydrogen hub in the region, which is to be developed from 2026. Two thirds of the total …
Read More »Germany Pumps $10 Billion in Hydrogen in Bid to Become Global Leader
Germany will fund 62 large-scale hydrogen projects with as much as $10 billion in federal and state funds as it aims to become the world’s leader in hydrogen technologies, the German ministries of economy and transport said. Germany will provide $9.72 billion (€8 billion) to the 62 projects it has …
Read More »Germany to Invest €8 bn in Large-Scale Hydrogen Projects
Germany to provide € 8 billion worth of funding to hydrogen projects across the country, with a focus on the Northern parts. EPA-EFE/FELIPE TRUEBA Germany said on Friday (28 May) it would invest €8 billion in 62 large-scale hydrogen projects, including electrolysers and pipeline infrastructure, as part of the country’s …
Read More »Germany’s Looming Power Supply Gap Will Likely Be Filled by Gas
Germany’s plans to phase out coal and nuclear power will leave a large gap in supplies of electricity that’s likely to be filled by natural gas. Germany will need to add about 18 gigawatts or 60% more gas-fired capacity to plug the hole left from shutting its six remaining nuclear …
Read More »German Lawmaker Calls for ‘Countersanctions’ against US over Nord Stream 2
On Wednesday, US State Department Principal Deputy Spokesperson Jalina Porter signalled the Biden administration’s readiness to use all available tools to try and prevent the completion of Russia’s Nord Stream 2 gas-exporting pipeline. A German lawmaker has urged Berlin to initiate countermeasures against the US over the Nord Stream 2 …
Read More »US, Germany Having No Single Assessment for Nord Stream 2
The Nord Stream 2 gas pipeline is among matters having no common assessment in the Trans-Atlantic aspect, German Chancellor Angela Merkel said at an online conference on Wednesday. “It is important to speak also in future about matters probably having no common assessment in the Trans-Atlantic partnership. The topic of …
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