Europe on path to cutting 80% shipping emissions by 2050

The European Parliament and Council have reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050. This would apply to ships above a gross tonnage of 5,000, and to all energy used onboard in or between European Union ports, as well as

New consortium to explore green corridor between South Africa and Europe

A new consortium will explore the options for developing a maritime green corridor for the zero-emission shipping of iron ore between South Africa and Europe, in a first for the continent of Africa. The consortium brings together Anglo American, Tata Steel, CMB, VUKA Marine, Freeport Saldanha, and ENGIE, convened by the Global Maritime Forum, to

DNV study finds offshore hydrogen infrastructure benefits for Europe

The “Specification of a European Offshore Hydrogen Backbone” study, commissioned by infrastructure system operators GASCADE and Fluxys and conducted by DNV, highlights the significant benefits of an offshore hydrogen backbone in the North and Baltic Seas. Offshore hydrogen production is paramount to meet the substantial increase expected in European hydrogen demand, as hydrogen is due

NetZero Industry Act launched in Europe

The European Commission launched its NetZero Industry Act legislation that could see carbon capture technology rolled out more rapidly to ships. With the NetZero Industry Act, the European Commission will reduce the administrative burden and simplify permit-granting processes for renewable energy projects, accelerate the use of CO2 capture and storage and improve conditions for investment

Thyssenkrupp Nucera signs electrolyzer production capacity agreement

Thyssenkrupp nucera and a European customer from a carbon-intensive industry have signed a reservation agreement for production capacities for green hydrogen. Under this contract the customer secures production capacities for the manufacturing of standardized 20 MW alkaline water electrolysis modules with large scale capacity from the supplier of world-leading technologies for high-efficiency electrolysis plants. The

Startups in Europe get funding for hydrogen innovations

The Slovenian startup ReCatalyst and the German startup ionysis have been selected for funding under the prestigious EIC Transition call and invited to sign the grant agreement with a funding volume of 2.5 million euros. Even before ionysis and ReCatalyst were founded, the founding teams worked closely together scientifically. Since 2020, they have laid the

Europe has adopted rules for green hydrogen

The European Commission has adopted long-awaited rules for how and when hydrogen can count towards the EU’s climate targets. The new rules envisage that the electrolysers to produce hydrogen will have to be connected to new renewable electricity production to count as renewable. To make sure hydrogen production is not diverting renewable energy away from

City buses in the Europe should be carbon-neutral from 2030

The European Commission proposed new legislation for heavy-duty vehicles like trucks, city buses and long-distance buses. The legislation calls for a rapid phase-out of all fossil fuel vehicles in these categories and a 90% emission reduction by the year 2040. Even more, pressing is the deadline of 2030, by which all new city buses should

PDVSA allocates heavy crude cargo to Eni

PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May last year received authorizations from the U.S.

Can EVs reach price parity with petrol and diesel cars in Europe?

One of the big selling points of electric cars is that, despite the current increases in energy prices, they are cheaper to run than fossil-fuelled cars but the higher purchase price is the biggest deterrent to sales. New car buyers opting for an electric model are still paying a large premium over a similarly sized