UK green hydrogen company Protium has secured €46.6 million investment in its latest funding round led by SWEN Capital Partners. This is the largest funding secured for a pure play green hydrogen energy company in the UK to date.
Members of the European Union Parliament voted to adopt new rules regarding CO2 emissions performance standards from the Fit for 55 in 2030 package, including a proposal to reach zero-emission road mobility by 2035.
Ukrenergo is considering starting electricity exports to European countries as an opportunity to infuse the electricity market with additional liquidity and generate extra income. "Under martial law and active hostilities, the Ukrainian energy sector is struggling to maintain its pre-war financial indicators. Taking this into account, the start of electricity export could become an economically substantiated alternative to new borrowings and loans," the company said.
Hrvatska Elektroprivreda (HEP), Croatia's state-owned electricity company has been granted a loan from commercial banks in the amount of €1 billion to finance the purchase of electricity, gas, coal and heat and purchase gas to be stored underground at Okoli.
The German regulator for natural gas in the country has reported that German underground storage facilities for liquefied natural gas are currently 50.8% full. “Germany’s gas supply is still stable. Gas flows in Germany are at the usual level. The current UGS occupancy rate is 50.8 percent,” the regulator said.
Toshiba America Energy Systems Corporation have announced that they have reached an agreement with American company Bechtel Power Corporation to collaborate on the delivery of steam turbines and generators for Poland's first nuclear power plant.
Estonian gas system operator Elering AS’s contractor, Connecto AS, has begun building the pipeline that will connect the planned floating five billion cubic metre per year Paldiski LNG terminal in Estonia to the regional Balticconnector natural gas network.