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Energy transition news from EnergyNews.biz: hydrogen, energy storage, SMRs, grids and renewables, every day.

Every 15 minutes, across dozens of European power markets, a financial settlement mechanism reconciles the gap between what energy participants planned to produce or consume and what actually happened. The imbalance price, applied to each Balance Responsible Party’s deviation from its scheduled position, is one of the least visible and most consequential pricing signals in the European electricity system.

Germany’s ambition to anchor a hydrogen based industrial transition is colliding with hard infrastructure timelines and unresolved cost pressures. That tension is visible in the decision by transmission system operator Ontras Gastransport to commission nearly 110 kilometers of hydrogen pipelines to supply steelmaker Salzgitter, even as large parts of Europe’s green steel pipeline remain exposed to market uncertainty.

Roughly one third of anthropogenic carbon dioxide emissions are already absorbed by the ocean, according to long standing global carbon budget estimates. As emissions trajectories continue to overshoot mitigation pathways, U.S. lawmakers are now pushing to examine whether that natural sink can be responsibly enhanced through targeted intervention.