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New €2.5B Green Hydrogen Steel Venture Unveiled

GreenTechMedia

A new "green steel" venture in Sweden has been launched with bold plans to start production as early as 2024. One component of the green steel business case is access to Sweden’s ample renewable energy resources. Costs and carbon. ArcelorMittal is also exploring what it calls a “smart carbon” route.

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SEF Weekly: German interconnector, bp R&D and heat network retrofitting

Smart Energy International

An interconnector order from TenneT and TransnetBW for Hitachi Energy to bolster German energy security is the leading news story in this week’s Smart Energy Finance (SEF) Weekly. Hitachi Energy wins order for German interconnector. Image: Hitachi Energy. bp injects £50m into global battery R&D centre.

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Global Briefing: EU approves €1tr 'Climate Bank' plan

Business Green

The European Investment Bank (EIB) has this week approved a €1tr 'Climate Bank' plan that will see the bank drastically increase its support for low carbon infrastructure over the coming decade. EIB gives green light to 'Climate Bank' plan. Reports: Gas denied transition fuel status in EU green taxonomy finance rules.