Browsing: Europe

BP has become the first energy company to establish a securities company in Spain, allowing it to offer financial solutions focused on energy derivatives to professional and eligible clients within the European Economic Area.

Italy, Germany, and Austria have expressed their full political support for the construction of the Southern Hydrogen Corridor, a 3,300 km gas pipeline connecting North Africa to Europe.

A recent survey conducted by Civey on behalf of thyssenkrupp nucera AG & Co. KGaA has found that a majority of Germans view green hydrogen as the energy source of the future for Europe and Germany.

Perth-based Hazer Group has signed a memorandum of understanding (MoU) with French energy giant Engie to progress the development of a Hazer facility in Europe.

Austria’s first off-site production plant for “green” hydrogen has opened in the municipality of Gabersdorf.

The UK government has announced a £77m funding pot to develop zero-emission heavy vehicles such as buses, ambulances and fire engines.

Electric heavy truck manufacturer Nikola has announced its exit from a European joint venture with chassis supplier Iveco Group and its refocus on North America.

Battolyser Systems, a Dutch company, has successfully installed the first industrial-scale Battolyser system at the RWE Magnum power plant in Eemshaven.

The Netherlands is fast becoming a hub for renewable energy, particularly in the field of green hydrogen. The country has set ambitious plans to accelerate the energy transition and replace 80% of its energy use that is still dependent on oil and gas.

The adoption of clean energy sources and the pursuit of carbon neutrality has prompted Europe to seek alternative fuels, including hydrogen, as an alternative to fossil fuels.