EU
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Nuclear
Nuclear, Natural Gas Included in EU Taxonomy—With Potentially Problematic Conditions
Handing a muted victory to proponents of nuclear and gas, the European Commission (EC) on Feb. 2 adopted a measure that labels some nuclear and gas energy activity as climate-friendly investments. However, it set out strict, potentially limiting technical screening criteria for those activities to qualify, prompting pushback from the nuclear and gas industries. The […]
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International
Nuclear and Natural Gas Taxonomy Battles Brewing in Europe and S. Korea
A leaked draft of the European Commission’s proposal to label some natural gas and nuclear power plants as “transitional” or “green” investments has prompted pushback from some European Union (EU) members. Criticism is also mounting in South Korea, where liquefied natural gas (LNG) was included in its new green taxonomy guidelines—but nuclear was left out. […]
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Hydrogen
Hydrogen Prices Skyrocket Over 2021 Amid Tight Power and Gas Supply
Hydrogen prices across key European countries rose over the course of 2021, primarily driven by gas and power price spikes amid tight supply, while record carbon prices lifted grey hydrogen close to parity with low-carbon hydrogen, analysis from market data and intelligence group ICIS shows. Near-Curve The hydrogen near curve posted the largest gains, as […]
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Hydrogen
Shell Starts Up 10-MW REFHYNE Hydrogen Electrolyzer, Eyes Expansion to 100 MW
Shell Energy has started up a 10-MW polymer electrolyte membrane (PEM) electrolyzer facility—one of the largest of its kind in the world—to produce green hydrogen at its Energy and Chemicals Park Rheinland refinery in Wesseling, Germany, and it says plans are underway to expand the plant’s capacity to 100 MW. The startup of the electrolyzer […]
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Press Releases
Statement: EU sustainable finance rules would undervalue hydropower
The International Hydropower Association (IHA) has responded to a public consultation by the European Commission on new rules to define sustainable finance. While the association welcomes and supports the need for an EU Taxonomy on sustainable activities in order to drive investment in renewable energy, IHA believes the proposal as drafted “raises serious concerns” for […]
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News
Endesa to Close Two Giant Spanish Coal Plants
Endesa on Dec. 27 formally moved to shutter two massive coal-fired power plants—the 1.4-GW As Pontes plant in A Coruña, Galicia, which is the biggest coal-fired power plant in Spain, and the 1.16-GW
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News
EU Finalizes ‘Green Deal’ for Clean Energy Investment
The European Union (EU) on Dec. 16 announced an agreement among its member states on rules involving the financing of green energy projects. Lawmakers approved a list of technologies and activities that can be classified as green, after disagreement about whether nuclear energy and natural gas should be included. The so-called “Green Deal” is a […]
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News
Poland Pushing Back Against EU Goal to End Coal-Fired Generation
Polish officials have said it is “not possible” for the country to meet the European Union’s (EU’s) goal of cutting net carbon emissions to zero by 2050, and as such the government will continue to
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Markets
The EU’s Power Provisions: Is Texas a Reliable Indicator?
What does the 21st century power market look like? That is the question the European Union (EU) is attempting to answer with the new electricity regulation and revised electricity directive passed at the end
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News
Spain Closing Mines in Transition Away from Coal
Coal from domestic mines provides just more than 2% of Spain’s electricity generation, as the country has increasingly moved away from coal-fired power toward renewable sources. The administration of new
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