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Europe Braces for Rising Gas Demand After Price Volatility Hits 2021 Low
11 Articles
11 Articles
Europe Braces for Rising Gas Demand after Price Volatility Hits 2021 Low
So far in July, European natural gas markets have seen the lowest volatility in prices since 2021, but as summer temperatures peak in the coming weeks, demand is expected to rise, and so will the benchmark gas prices. In recent days, the historic 10-day volatility in European gas prices slumped to the lowest levels since September 2021, according to Bloomberg’s estimates. The low volatility followed a turbulent month of June, in which prices spi…
The EU has a definition of low-carbon hydrogen, which is expected to pave the way for hydrogen produced from nuclear energy or by capturing CO2. France is launching the competitive dialogue for decarbonised hydrogen as a result.
By 2040, greenhouse gas emissions should be reduced by 90 percent.
The EU wants autonomy through clean hydrogen, diversification and decarbonisation. The initiative will connect producers and consumers through the adoption of pilot projects. Financing is made through funds from EU Member States and industrial partnerships. The European Union announces the launch of a programme aimed at reducing the dependence of natural gas, particularly imported from Russia. The new strategic direction is aimed at using hydrog…
Industry calls for Government to unlock Hydrogen to Power and drive net zero
A new report released today by industry body the North West Hydrogen Alliance (NWHA) provides a blueprint for unlocking hydrogen-powered electricity, positioning the North West as the UK’s leading region in this crucial endeavour to secure the nation’s clean energy future and meet its net zero targets. Hydrogen to power: Delivering net zero ambitions in the North West outlines how the region, leveraging its robust industrial heritage and rapidly…
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