Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al Saud signed, on March 11, a memorandum of understanding (MoU) with Germany to produce hydrogen. On the sidelines of signing the memorandum, the Saudi Minister said that the Kingdom will secure a leading position in the production of hydrogen since …
Read More »German Steel Powerhouse Turns to ‘Green’ Hydrogen Produced Using Huge Wind Turbines
A major green hydrogen facility in Germany has started operations, with those behind the project hoping it will help to decarbonize the energy-intensive steel industry in the years ahead. The “WindH2” project involves German steel giant Salzgitter, E.ON subsidiary Avacon and Linde, a firm specializing in engineering and industrial gases. …
Read More »Germany Agrees to Pay Energy Companies over 2 Billion Euros in Nuclear Exit Compensation
The German government has agreed to pay nuclear power station operators 2.4 billion euros in compensation for losses suffered during the country’s early nuclear shutdown in the wake of the Fukushima disaster, ending a long legal battle. “The government has reached an agreement with EnBW, E.ON/PreussenElektra, RWE and Vattenfall,” Germany’s …
Read More »Siemens Gamesa Cements Its Position in French Offshore Wind Industry
Siemens Gamesa Renewable Energy has been awarded a firm order from the EDF Renewables/Enbridge/wpd consortium for the 448MW Courseulles-sur-Mer offshore wind power project. Located 10km off the Bessin coast, the project brings the total capacity awarded to Siemens Gamesa by the consortium in France to approximaely 1GW. Both the wind …
Read More »Germany Considers Shutting Down Nord Stream-2 if Russia Stops Gas Transit through Ukraine
The German government is considering the possibility of establishing a mechanism which will allow shutting down the Nord Stream-2 gas pipeline if Russia reduces gas transit through Ukraine, reported German newspaper WirtschaftsWoche citing sources. According to the newspaper, Chancellor Angela Merkel and Foreign Minister Heiko Maas are not considering the …
Read More »German Authorities Discussing ‘Shutdown Mechanism’ for Nord Stream 2
The German authorities are considering the possibility of creating a shutdown mechanism for the Nord Stream 2 gas pipeline, which would be used in the case of a Russian attempt to decrease gas transit via Ukraine, German media reported. The WirtschaftsWoche newspaper reported that neither Chancellor Angela Merkel nor Foreign …
Read More »Germany’s Merkel Stands by Backing for Russia Gas Pipeline
German Chancellor Angela Merkel on Friday stood by her backing for a German-Russian gas pipeline project despite the Navalny case and the threat of U.S. sanctions Merkel said her government’s position on Nord Stream 2 is still unaffected by tensions over Russian opposition leader Alexei Navalny who recovered in Germany …
Read More »Merkel Stands by Nord Stream 2, but Is Open to Discussing Russia with Biden
Angela Merkel said she’s willing to discuss energy ties with Moscow with the incoming U.S. administration, but the German chancellor reiterated her support for a controversial gas pipeline to Russia. “We need to also discuss which economic relations in the gas sector are possible with Russia, and which aren’t,” Merkel …
Read More »Russia Says Gas Pipeline to Germany at Risk after US Sanctions
Russian state gas company Gazprom acknowledged there is a risk that its undersea pipeline to Germany could be suspended or cancelled after the United States imposed sanctions on Tuesday on a Russian ship involved in its construction. Germany’s Economy Ministry said it had been informed in advance of the new …
Read More »German Tech Giant Places Major Bet on Green Hydrogen
Hydrogen is turning into the next media star after solar and wind. In its latest claim to fame, two spinoffs of German tech conglomerate Siemens are joining forces to advance green hydrogen technology by building wind-to-hydrogen systems to help decarbonize the global economy. Green hydrogen is touted as a solution …
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