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United Kingdom

Vera Eckert

European 2020 gas trading volume may surpass 2019 record: research

09 Jul 2020

FRANKFURT European gas trading volumes this year may beat the record 63,038 terawatt hours (TWh) seen in 2019, as trading hubs expand due to more commercial and financial demand for gas price hedging, research firm Prospex said on Thursday.

European 2020 gas trading volume may surpass 2019 record - research

09 Jul 2020

FRANKFURT, July 9 European gas trading volumes this year may beat the record 63,038 terawatt hours (TWh) seen in 2019, as trading hubs expand due to more commercial and financial demand for gas price hedging, research firm Prospex said on Thursday.

Audi, EnBW to turn electric car batteries into grid support tools

03 Jul 2020

FRANKFURT German carmaker Audi and utility EnBW are setting up an electric car battery operation at EnBW's Heilbronn plant to build scaleable storage facilities by the end of this year, drawing on retired batteries to help power grids.

E.ON, Thyssenkrupp launch hydrogen venture for power market

30 Jun 2020

FRANKFURT Germany's E.ON and Thyssenkrupp will make hydrogen available to the wholesale power market by pooling the output of 150 small electrolysis plants, the companies announced on Tuesday.

E.ON, Thyssenkrupp launch hydrogen venture for power market

30 Jun 2020

FRANKFURT, June 30 Germany's E.ON and Thyssenkrupp will make hydrogen available to the wholesale power market by pooling the output of 150 small electrolysis plants, the companies announced on Tuesday.

EU prepares response to Nord Stream U.S. sanctions threat

29 Jun 2020

BRUSSELS/FRANKFURT The European Commission is preparing measures to protect the European Union as it faces threatened U.S. sanctions, which could break international law, on a link to carry gas directly from Russia to Germany, the EU's foreign policy chief said.

ArcelorMittal seeks EU support to make steel greener

25 Jun 2020

FRANKFURT ArcelorMittal on Thursday outlined plans and costs for steelmaking processes that produce less carbon, but also called for investment support from European Union states as well as carbon border taxes.

German hydrogen economy to spark traded market for imports: consultants

22 Jun 2020

FRANKFURT Germany's push to increase the use of hydrogen as a clean fuel to meet climate targets will require imports and a traded market to supplement home-produced supplies, a consultancy close to protagonists in the emerging industry said.

German energy sector seeks lower duties to support $360 billion of investment

17 Jun 2020

FRANKFURT Germany's stimulus package could trigger 320 billion euros ($361 billion) of investment in power generation, grids, electric charging and hydrogen by 2030 if there are accompanying cuts to tax and other duties, an energy lobby group said on Wednesday.

UPDATE 1-German energy sector seeks lower duties to support $360 bln of investment

17 Jun 2020

* Lobby group calls for cuts to state levies to support investment

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