Browsing: Europe

Vallourec has signed a memorandum of understanding with Baker Hughes aimed squarely at the compression storage interface, a segment where efficiency losses and capital intensity frequently undermine project bankability.

Statkraft has commissioned what it describes as Ireland’s first four-hour grid-scale Battery Energy Storage System at its Cushaling site in County Offaly, a move that targets curtailment economics as much as grid stability.

Final investment decisions remain the main bottleneck for Europe’s green hydrogen pipeline, which makes ITM Power’s latest notice to proceed notable more for what it signals than for its size.

More than 30 emissions trading systems are now in force or under development worldwide, according to the International Carbon Action Partnership, and the maritime sector is increasingly caught between overlapping carbon regimes.

Kazakhstan’s pitch to deepen energy ties with Germany comes as Europe continues to recalibrate its supply chains under tighter climate and security constraints.

Roughly two years after cutting most Russian gas imports, the European Union is recalibrating its external energy strategy around a smaller group of suppliers, with Algeria emerging as a critical pillar.

Global electrolyzer manufacturing capacity has expanded faster than confirmed hydrogen projects, creating a widening gap between supply and near-term demand. That imbalance is now reshaping industrial strategies in Spain, where Cummins’ green hydrogen electrolyzer plant in Guadalajara is facing a workforce reduction after failing to meet production and job creation expectations tied to public funding.

Europe’s climate strategy is quietly pivoting, with EU environment ministers signalling a shift toward a more transactional and pragmatic approach in global climate negotiations. The closed-door meeting on February 4 emphasized that Europe can no longer rely solely on consensus-driven multilateralism, particularly after COP30 in Belém, Brazil exposed the limits of political coordination.

By early 2026, Europe’s hydrogen sector had reached an inflection point. Project pipelines remained large on paper, but financing constraints, demand uncertainty, and delayed offtake agreements were forcing a reckoning across the value chain. Hyvolution 2026 in Paris offered a clearer signal of where the market is actually heading.

Wärtsilä and Abu Dhabi Maritime Academy have signed a five-year memorandum of understanding aimed at addressing structural barriers to sustainable maritime operations across the UAE and potentially the wider GCC.