Category: European Commission
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Private LNG operator takes EU to court over €4.96 billion state funding
Private LNG operator takes EU to court over €4.96 billion state funding Deutsche ReGas, Germany’s private operator of liquefied natural gas (LNG) terminals, has embarked on a legal battle to challenge the European Commission’s approval of the €4.96 billion subsidy scheme, claiming that state aid for LNG terminals harms competition and weakens gas security. The…
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EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure
EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest…
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EU launches first hydrogen mechanism call to link suppliers and buyers
EU launches first hydrogen mechanism call to link suppliers and buyers To connect potential suppliers with buyers of hydrogen and its derivatives in the European Union (EU), the European Commission (EC) has launched its first call for interest under the Hydrogen Mechanism. The post EU launches first hydrogen mechanism call to link suppliers and buyers…
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EU moves to scale up production of sustainable maritime fuels as global race heats up
EU moves to scale up production of sustainable maritime fuels as global race heats up The European Commission has adopted the Sustainable Transport Investment Plan (STIP) which sets out a common approach to boost investments in renewable and low-carbon fuels focusing on waterborne and aviation transport. The post EU moves to scale up production of sustainable maritime fuels…
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EU’s 19th sanctions wave targets Russia’s energy lifelines: LNG ban, oil cap cut, and step-up in shadow fleet purge
EU’s 19th sanctions wave targets Russia’s energy lifelines: LNG ban, oil cap cut, and step-up in shadow fleet purge The European Commission’s proposal for the 19th package of sanctions not only deepens the shadow fleet sweep with 180 new vessel listings, but also tightens the energy noose on the Kremlin with a liquefied natural gas…
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Hydrogen Europe: EU’s low-carbon rules improve, but still fall short of market needs
Hydrogen Europe: EU’s low-carbon rules improve, but still fall short of market needs Hydrogen Europe has acknowledged improvements in the final version of the European Commission’s Low Carbon Hydrogen Delegated Act, but noted that the rules still fall short of market needs. The post Hydrogen Europe: EU’s low-carbon rules improve, but still fall short of…
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European Commission completes hydrogen framework with new low-carbon methodology
European Commission completes hydrogen framework with new low-carbon methodology The European Commission has adopted a greenhouse gas (GHG) emission methodology for low-carbon hydrogen and fuels, as set out in the Hydrogen and Gas Market Directive, completing the European Union’s (EU’s) regulatory framework for hydrogen. The post European Commission completes hydrogen framework with new low-carbon methodology…
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Helsinki, Lübeck-Travemünde ports get €22M EU boost
Helsinki, Lübeck-Travemünde ports get €22M EU boost The European Commission has granted a total of €22 million in co-funding for the Hansalink 3 project between the Finnish Port of Helsinki and the German port of Lübeck-Travemünde. The post Helsinki, Lübeck-Travemünde ports get €22M EU boost appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…
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European Commission kick-starts work on EU ports and industrial maritime strategies
European Commission kick-starts work on EU ports and industrial maritime strategies In a long-awaited move, the European Commission has started preparations for an EU Ports Strategy and EU Industrial Maritime Strategy and is inviting stakeholders to participate in the process. The post European Commission kick-starts work on EU ports and industrial maritime strategies appeared first…
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Industry groups: EU’s draft GHG rules threaten feasibility of low-carbon hydrogen
Industry groups: EU’s draft GHG rules threaten feasibility of low-carbon hydrogen Industry groups have called on the European Commission to acknowledge their concerns with the current draft ‘Delegated Act’ defining the greenhouse gas (GHG) methodology for low-carbon hydrogen and its derivatives, claiming that the new version of this secondary legislation threatens the overall feasibility of…
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Winners of €1 billion European Hydrogen Bank auction revealed, with three maritime projects on the list
Winners of €1 billion European Hydrogen Bank auction revealed, with three maritime projects on the list The European Commission (EC) has selected the winners of the second European Hydrogen Bank (EHB), which will receive nearly €1 billion in funding to produce renewable hydrogen, including producers with off-takers in the maritime sector. The post Winners of…
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EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet
EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet The European Council has adopted the 17th Russia sanctions package including almost 200 shadow fleet vessels and a Russian oil giant. The post EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet appeared first on Offshore…
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Shipping companies encouraged to register ships in Europe after EC approves Italian scheme
Shipping companies encouraged to register ships in Europe after EC approves Italian scheme The European Commission has approved the reintroduction of Italy’s “International Registry” scheme, which aims to encourage shipping companies to register their ships in Europe. The post Shipping companies encouraged to register ships in Europe after EC approves Italian scheme appeared first on…
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SEA Europe: EU needs to address ‘fragmented funding landscape’ to drive maritime innovation, decarbonization
SEA Europe: EU needs to address ‘fragmented funding landscape’ to drive maritime innovation, decarbonization As the European Union prepares its next long-term budget, the Shipyards & Maritime Equipment Association of Europe (SEA Europe) has urged the European Commission to address the current funding fragmentation with regard to the maritime sector. The post SEA Europe: EU…
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In a further blow to Russia’s shadow fleet, EU now requires all vessels to be insured
In a further blow to Russia’s shadow fleet, EU now requires all vessels to be insured Intensifying its efforts to crack down on Russia’s shadow fleet, the European Union has adopted another measure. The post In a further blow to Russia’s shadow fleet, EU now requires all vessels to be insured appeared first on Offshore…
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Flag-hopping undercuts EU ship recycling guidelines, European Commission found
Flag-hopping undercuts EU ship recycling guidelines, European Commission found The EU Ship Recycling Regulation (SRR), in place since 2018, has largely met its […] The post Flag-hopping undercuts EU ship recycling guidelines, European Commission found appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector
All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining […] The post All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…
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EnEarth secures millions in EU funding for Prinos CO2 project
EnEarth secures millions in EU funding for Prinos CO2 project The European Commission has earmarked a €~120 million CEF grant to support the development of a liquified CO2 receiving terminal at Prinos Carbon Storage located in the north of Greece. The post EnEarth secures millions in EU funding for Prinos CO2 project appeared first on…
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European Commission urged to reassess hydrogen policy
European Commission urged to reassess hydrogen policy Hydrogen Europe and 16 other European associations working on the development of the hydrogen market have called on the European Commission to revise the bloc’s hydrogen policy. The post European Commission urged to reassess hydrogen policy appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz
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Offshore Energy’s top five hydrogen stories of 2024
Offshore Energy’s top five hydrogen stories of 2024 Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbonize hard-to-abate sectors and provide a sustainable energy source.…
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Second European Hydrogen Bank auction with €1.2 billion budget is officially open
Second European Hydrogen Bank auction with €1.2 billion budget is officially open The European Commission (EC) has officially opened the second auction under the European Hydrogen Bank. The post Second European Hydrogen Bank auction with €1.2 billion budget is officially open appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy biz