The European Commission proposed an amendment to the European Climate Law, setting a 2040 target of a 90% reduction in net greenhouse gas emissions from the 1990 level. The outlined measures would give certainty to investors, promote innovation and business competitiveness and increase energy security, according to the European Union’s executive body. The EU is […]
Nuclear power plants have the highest construction cost overrun and the longest time delays of all energy projects. In the clean energy sector, the worst marks for violation of set construction cost and timelines go to hydrogen, carbon capture and storage as well as gas power plants, according to a study by the Boston University […]
Carbon capture, utilization and storage (CCUS) is a must for the future of the cement industry, Greek Prime Minister Kyriakos Mitsotakis said at the launch ceremony for Heracles Group’s Olympus project. It is one of the very first CCUS plants in Greece, valued at EUR 380 million. The unit in the group’s Milaki cement production […]
The 2030 Industry and Technology Strategy includes setting up industrial facilities in Turkey for nuclear energy, green hydrogen, battery storage and carbon capture and storage (CCS). The country is planning to establish a value chain for critical raw materials. The government vowed to support the development of semiconductor technology, autonomous and flying vehicles and cybersecurity […]