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IEEFA: 50 new green hydrogen projects show Europe, Australia, Asia are lead players but US$75 billion in costs and government inaction could create delays

The green hydrogen industry needs more government backing to reach demand goals

24 August 2020 (IEEFA): The renewable rich green hydrogen industry is accelerating with 50 new projects announced in the last year including five just last month, but a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds the pace is not fast enough to meet global energy demand, with massive capital […]

August 24, 2020 Read More →

More News and Commentary

Portuguese utility EDP to convert Spanish coal plant to green hydrogen production facility

Renewables Now: Portuguese utility group EDP – Energias de Portugal SA plans to invest over EUR 550 million (USD 649.7m) in a project to convert its Los Barrios coal-fired power plant in Cadiz province, southern Spain, into a green hydrogen production facility. These plans were announced by the Los Barrios city hall on Tuesday, after […]

September 17, 2021 Read More →
IEEFA Europe: Overcapacity and investment fever push costs to Spanish consumers, yet Enagás profits
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IEEFA Europe: Overcapacity and investment fever push costs to Spanish consumers, yet Enagás profits

Spain’s gas regulations benefit Enagás and burden consumers

September 15, 2021 (IEEFA) – Empresa Nacional de Gas (Enagás) has benefited from a “security and diversity of supply” strategy as an excuse to build or expand liquefied natural gas regasification terminals, natural gas pipelines and gas storage facilities. The resulting overcapacity has meant low utilization rates for gas infrastructure assets in Spain, as well […]

IEEFA Europa: El exceso de capacidad y una fiebre por invertir suben las facturas de los consumidores españoles, pero Enagás se lucra
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IEEFA Europa: El exceso de capacidad y una fiebre por invertir suben las facturas de los consumidores españoles, pero Enagás se lucra

La regulación del gas en España beneficia a Enagás y perjudica a los consumidores

15 de septiembre de 2021 (IEEFA) – La Empresa Nacional de Gas (Enagás) se ha beneficiado de una estrategia de «seguridad y diversidad del suministro» como excusa para construir o ampliar plantas de regasificación de gas natural licuado, gasoductos de gas natural e instalaciones de almacenamiento de gas. Según un informe del Instituto de Economía […]

Activist fund takes stake in RWE, calls for coal activity separation

Reuters: Activist fund ENKRAFT has taken a stake in RWE (RWEG.DE) and is calling for a separation of the company’s brown coal activities to remove the burden of a legacy business that has weighed on the value of shares in Germany’s largest power producer. ENKRAFT, which has a track record in investing in the renewable […]

September 10, 2021 Read More →

Solar panels generated a record 10% of EU electricity over June and July

ReNews.biz: New analysis by energy think tank Ember reveals that, for the first time, solar panels generated a tenth of EU-27 electricity during their peak months of June and July this year. Solar panels generated 39 terawatt-hours in June-July 2021, up from 28TWh in the same period in 2018. Eight EU countries set a new […]

August 18, 2021 Read More →

Spain to install offshore wind with as much as 3GW capacity by 2030

Reuters: Spain plans to install floating wind turbines on the deep waters off its coasts with capacity to generate between 1 and 3 gigawatts of power by 2030, its Energy and Environment Ministry said on Wednesday. As part of a global shift away from carbon-emitting fossil fuels, governments and companies are seeking new ways to […]

July 8, 2021 Read More →

European renewable energy stocks eyed for long-term rebound

Bloomberg ($): European renewable-energy stocks, battered for much of this year, present a buying opportunity because their growth story remains intact. That  pitch from  Goldman Sachs is luring some investors — those not in a hurry, that is. The way Goldman tells it, with governments promising to phase out fossil fuels and the environmental, social […]

June 21, 2021 Read More →

Rotterdam, major port cities, push to become hydrogen hubs

OilPrice.com: Hydrogen, produced without carbon emissions, will find use in many sectors of a future ‘hydrogen economy.’ Its high energy intensity can make it the basis of fuels that reduce carbon emissions in the ‘hard to abate’ transportation and industrial sectors. Its unmatched capacity to store energy long term and seasonally should make it an […]

May 5, 2021 Read More →

European renewable demand surged during 2020 despite pandemic

T&D World: “Renewable energy demand has grown by an impressive 8% from 2019 to 2020, during a year where energy consumption and industry output has slumped across most of Europe,” says Tom Lindberg, the managing director at ECOHZ, commenting on new statistics from the Association of Issuing Bodies (AIB). Lindberg suggests that a paradigm shift […]

May 3, 2021 Read More →

COVID pandemic accelerating demise of Europe refineries

OilPrice.com: The coronavirus pandemic has shortened Europe’s energy transition. What was initially perceived as a gradual movement towards fewer emissions and greener generation has now become an unprecedently ambitious endeavour – by the time Europe recovers from the COVID-triggered slump, its fuel demand will have already dropped to the point where some downstream assets are […]

April 27, 2021 Read More →