Tag: energy supplies

Germany, Norway Reach Agreement on Blue Hydrogen Supplies

January 7, 2023
blue hydrogenBusiness & Marketseconomic policieseconomyenergyenergy suppliesEuropeGermanyInvestmentMarketsNorwayrecessionRussia-Ukraine WarWorld
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A major Norwegian energy company has reached an agreement to supply Europe’s largest economy with “blue” hydrogen. Norway’s Equinor announced an agreement on Jan. 5 to supply the German power utility, RWE, with low-carbon hydrogen, in the first step towards replacing natural gas and coal, reported Deutsche Welle. The Norwegian supplier agreed to build hydrogen fueled power…

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Downing Street Says UK Homes and Businesses Will Have Enough Energy This Winter

August 22, 2022
Business & Marketsenergyenergy suppliesUKWorld
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There’s no need for households and businesses in the UK to panic over energy supplies this winter, Downing Street said on Monday. It comes as the squeeze on gas supplies in Europe has helped fuel rocketing inflation and driven up household bills, with analysts expecting the energy price cap to rise to £3,554 in October….

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Mercedes Looking at Energy Options Should Russia Turn Off the Gas: CEO

April 30, 2022
Business & EconomyCompanieseconomic policieseconomyenergy suppliesMarketsMercedes-Benz
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LONDON—Mercedes-Benz is looking at energy alternatives should Russia cut gas deliveries and is working closely with German authorities to ensure energy supplies, the premium carmaker’s top executive said on Friday. “Every company is looking at options for diversifying energy sources,” Chief Executive Ola Kaellenius told Reuters TV ahead of the company’s annual general meeting. “It…

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France: Europe Readying Steps to Make Britain Comply With Brexit Deal

October 5, 2021
Brexitenergy suppliesEuropefishingWorld
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PARIS—European states will, within days, announce measures to apply pressure on London to abide by Brexit agreements sealed with the bloc when Britain left the European Union, French European Affairs Minister Clement Beaune told ‘Europe 1’ radio on Tuesday. He did not say what those measures would be, but noted in an interview with the…

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