European chemical industry body outlines five priorities for grid charges and electricity taxes as lawmakers consider the Commission’s July 2026 proposal. IN BRIEFKEY TAKEAWAYSFAQs Cefic has urged EU lawmakers to balance the cost of upgrading Europe’s power networks with the … Read the full press release
Posted in Chemicals, Energy, Gas & Oil, European Union, Industrial, Infrastructure & Utilities
Tagged Cefic, Cefic seeks balance between European power-grid upgrades and industrial competitiveness, Cefic sets out five priorities for competitive electricity costs and grid investment in Europe, Cefic urges EU lawmakers to safeguard industrial electrification in electricity-bill reform, Chemical Industry, circular products, climate neutrality, Council of the European Union, electricity infrastructure, electricity tariffs, electricity taxation, energy security, energy-intensive industry, EU electricity bills, European chemical industry calls for predictable network charges and lower electricity taxes, European Chemical Industry Council, European Commission, European Parliament, European Union, grid investment, industrial competitiveness, industrial electrification, low carbon products, network charges, renewable energy
Alliance work covers critical molecules and sites, import monitoring, trade defence, industrial modernisation and demand for low-carbon and circular products, with Cefic calling for Commission action before year end. IN BRIEFKEY TAKEAWAYSFAQs Cefic says the Critical Chemicals Alliance has completed … Read the full press release
Posted in Chemicals, Environment, European Union, Industrial, International Trade
Tagged Alliance recommendations target critical molecules, trade defence and industrial modernisation in Europe, basic chemicals, Biotech Act II, Cefic, Cefic calls for Critical Chemicals Alliance to enter implementation phase after year of policy work, Cefic calls for policy decisions before year end on Europe’s critical chemical value chains, Cefic says Critical Chemicals Alliance should become an implementation network with progress tracking, Circular Economy Act, circular products, critical chemical value chains, Critical Chemicals Alliance, Critical Chemicals Alliance sets groundwork for implementation as Cefic urges Commission action, critical molecules, critical production sites, Dutch government, ETS reform, EU funding, European Commission, Executive Vice-President Séjourné, French Government, import surges, Industrial Accelerator Act, industrial modernisation, low carbon products, Member States, specialty chemicals, Sylvie Lemoine, trade defence
(IN BRIEF) Repsol has signed a long-term renewable energy agreement with Bimbo Group to support the baking company’s decarbonisation roadmap in Europe. The agreement includes nine 12-year virtual power purchase agreements covering renewable electricity equivalent to 100% of Bimbo Group’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Food & Beverage, France, Infrastructure & Utilities, International Trade, Investment, Italy, Portugal, Spain
Tagged 000 MW installed capacity, 12-year agreement, 150 GWh per year, 18 production sites, 2050 net-zero target, 6, baking company, Baptiste Leroux, BIMBO, Bimbo Group, Bimbo Group EMEA, Bimbo Group Moves Beyond Energy Certificates With Long-Term Renewable Power Agreements, BMBOY, corporate renewable energy procurement, decarbonisation, energy transition, food production, France, Grupo Bimbo, Guarantees of Origin, Italy, João Costeira, low carbon products, Low-Carbon Generation, Mexican Stock Exchange, multi-energy hubs, net-zero carbon emissions, nine VPPAs, PORTUGAL, renewable assets, renewable electricity, Renewable Energy Certificates, renewable generation portfolio, renewable power purchase agreement, Repsol, Repsol Renewable Assets to Support Bimbo Group’s Decarbonisation Strategy in Europe, Repsol Supplies Renewable Energy to Help Bimbo Group Advance European Net-Zero Goals, Schneider Electric, snacks, solar energy, solar hybrid projects, Southern Europe, Spain, virtual power purchase agreement, VPPA, wind energy
(IN BRIEF) The European Investment Bank is providing €450 million to OMV to build a large-scale green hydrogen production facility in Bruck an der Leitha, Lower Austria. The loan is the EIB’s largest-ever financing in Austria’s energy sector and covers … Read the full press release
Posted in Austria, Banks, Business, Chemicals, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg
Tagged 000 tonnes CO2 emissions reduction, 000 tonnes renewable hydrogen, 140 MW electrolyser, 150, 22-kilometre pipeline, 23, Austria, Bruck an der Leitha, EIB, EIB Backs OMV’s 140 MW Electrolyser Project to Decarbonise Schwechat Refinery, EIB Provides €450 Million Financing for OMV’s Green Hydrogen Plant in Austria, electrolysis value chain, energy security, EU climate bank, European Green Deal, European Investment Bank, GREEN HYDROGEN, industrial decarbonisation, Karl Nehammer, low carbon products, Lower Austria, net-zero emissions, OMV, OMV Advances Industrial Decarbonisation With €450 Million EIB Green Hydrogen Financing, OMV Aktiengesellschaft, Reinhard Florey, renewable electricity, Renewable hydrogen, REPowerEU, Schwechat refinery, Strategy 2030, Sustainable Aviation Fuels, TechEU, €450 million loan, €600 million investment
(IN BRIEF) Continental has earned an “A-” rating from CDP for its climate transparency and emissions reduction efforts, alongside a continued “B” rating in water management, highlighting sustained progress in sustainability performance. The recognition reflects the company’s use of renewable … Read the full press release
Posted in Automotive, Awards, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Non Profit, Technology
Tagged biomass fuels, CDP rating, climate transparency, CO2 reduction, Continental, Continental Achieves A Minus CDP Rating for Climate Transparency and Emissions Reduction Progress, environmental policies, Jorge Almeida, low carbon products, RE100 initiative, recycled PET fibers, renewable electricity, resource efficiency, rice husk silica, supply chain transparency, Sustainability Efforts Earn Continental Strong Recognition for Low Carbon Innovation and Resource Efficiency, sustainability strategy, sustainable materials, Tire Manufacturing, water management
(IN BRIEF) Outokumpu has been named to CDP’s Climate Change A List, earning the highest possible score for its climate transparency and emissions reduction efforts. The assessment recognises the company’s strong governance, ambitious science-based targets, and progress in delivering low-carbon … Read the full press release
Posted in Awards, Business, Environment, Finland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged CDP, climate change, climate transparency, Emissions Reduction, industrial decarbonisation, low carbon products, Outokumpu, recycled materials, Science Based Targets, Stainless Steel, sustainability
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