According to a newspaper report, the German government is preparing to declare the second alarm stage of the national emergency gas plan in a few days. The State Secretary in the Federal Ministry of Economics and Climate Protection (BMWK), Patrick Graichen, prepared the energy industry on Monday for the upcoming step, reported “Welt” yesterday with […]
Over the weekend, Robert Habeck attempted the liberation blow. Restarting decommissioned coal-fired power plants should help reduce gas consumption in the electricity sector. For industry, the federal economic affairs minister wants to introduce an auction model to compensate companies for not using natural gas. Their representatives cheered the Green politician’s proposals.The gas auction model is […]
The Commission intends to complete the evaluation of the first projects from the IPCEI on hydrogen by the end of July. There are 41 projects from 15 member states for the development and production of electrolyzers, fuel cells, heavy-duty truck technologies and hydrogen storage, Industry Commissioner Thierry Breton said last week in a post on […]
Gas supplies from Russia continue to falter with further countries reporting problems on Thursday. The Italian group ENI announced that it would receive only 65 percent of the requested gas volume from the Russian supplier Gazprom. On Wednesday, ENI had initially reported a 15 percent cut. Slovakian gas importer SPP said it was seeing a […]
To fill gas storage facilities, the German tender system should be extended to the EU. A compliment would be the joint purchase of LNG, according to a Bruegel analysis on Thursday. The think tank thus presents two proposals on how the energy platform pushed by the Commission could be designed. Brussels wants joint gas purchasing […]
After sitting together until almost midnight, the negotiators were able to announce the result at midday on Wednesday after consulting with their political groups. Surprisingly quickly, EPP, S&D, and Renew agreed on a common position on the dossiers emissions trading, carbon border adjustment (CBAM) and Social Climate Fund. “It was important for us to get […]
Russian energy giant Gazprom announced yesterday that it would cut deliveries via the Nord Stream Baltic Sea pipeline by 40 percent. The reason given was delayed repair work by Siemens. A gas compressor unit had not returned from repairs in time. As a result, only up to 100 million cubic meters of gas could be […]
To achieve climate neutrality, Germany must invest up to €12.8 billion in underground storage facilities for hydrogen. Up to 40 cavern storage facilities would have to be built in addition, according to an industry study presented on Monday. The study was commissioned, among others, by the INES association, which brings together operators of existing natural […]
The wrangling over the future of the European Emissions Trading System (ETS) is entering a new round. After the plenum could not agree on a common position last week, the ENVI coordinators of the political groups want to recommend to put the amendments back on the agenda at the next plenary session from June 22 […]
For the next meeting of EU environment ministers on June 28, the French presidency is seeking agreement on several pieces of legislation from the Fit for 55 package. As “Contexte” reports, there could possibly be general orientations on several climate dossiers: the Emissions Trading System (ETS), including rules for the aviation sector, the Market Stability […]