Svenja Schulze, Germany’s environment minister, stated ahead of a meeting with colleagues from EU member states that renewable energy and climate action are part of the answer to an energy crisis like the one that Europe is presently experiencing. “The…
As the power supply, efficiency standards, and goods are converted to a low-carbon economy, there will be winners and losers among enterprises and industrial companies. This transition is being followed by ENERGY NEWS, which is looking at costs and jobs, as well as digitisation, utilities, new technologies, and financing.
thyssenkrupp Steel introduces a more environmentally friendly manufacturing technique
thyssenkrupp Steel has launched what it calls a “milestone” on its journey to climate-neutral steel: its new bluemint Steel brand, which is made with less coal in the blast furnace. According to the corporation, a new production technique has allowed…
Carbon border adjustment will not provide an equal playing field for EU business, according to a new research
Researchers from the University of Cologne’s Institute of Energy Economics (EWI) write in a policy briefing that while a European CO2 border adjustment payment can be a first step toward a fairer competition environment in terms of emission costs, not…
Germany has opened the world’s first industrial CO2-neutral e-kerosene factory
The non-profit atmosfair and its partners have opened the world’s first CO2-neutral e-kerosene production factory. To create green hydrogen, the facility in Werlte, Germany, combines CO2 collected from the air and a biogas plant that uses food waste, as well…
By 2024, the German government will invest 350 million euros in green hydrogen projects across the world
According to a news release from Germany’s economics ministry, the country will fund green hydrogen projects in foreign countries with up to 350 million euros by 2024 and has released a regulation with the necessary requirements. The financing directive promotes…
The closure of a wind turbine facility in eastern Germany raises concerns about the future of the coal area
Vestas, a Danish wind turbine manufacturer, has announced the closing of a blade facility in Brandenburg, Germany. Over 450 jobs will be lost in Lauchhammer, and two additional production sites in Spain and Denmark will be closed “as demand for…
Germany is also seeing a rise in gas prices, but the government has no plans to interfere, according to media reports
The rapid spike in natural gas prices has an impact on Germany, but the economics ministry does not intend to take government action to safeguard consumers at this time, according to Tagesspiegel Background, an energy policy magazine. While prices in…
The German government has made the decision to purchase “climate-friendly” goods in the future
By adopting a new administrative regulation, the German cabinet has determined that government procurement would become more climate-friendly as of January 2022. The procurement regulation “AVV Klima” will include a negative list of items that should not be purchased, such…
RWE is being pushed by an activist investor to get rid of coal and increase the company’s worth
Activist fund Enkraft is pressing for RWE, Germany’s largest energy provider, to offload its brown coal sector after purchasing a stake in the company, according to Reuters. Enkraft claimed it held more than 500,000 shares in RWE worth 16.4 million…
Around the world, hydrogen import-export agreements are “exploding”
According to data from the World Energy Council, the number of hydrogen partnerships throughout the world is growing and will certainly continue to rise. According to a news release, the organization has created 41 low CO2 or neutral hydrogen (H2)…