In Belgium, the European Commission has approved a €500 million aid scheme to support investments in new biofuel production capacities. The scheme was approved under Temporary crisis and transition framework (TCTF) for State aid measures, adopted by the Commission at March 9, 2023 and modified to November 20, 2023 and to May 2, 2024. Under […]
In Brussels, Mario Draghi, former Prime Minister of Italy and ex-President of the European Central Bank, issued a report detailing the urgent need for Europe to secure its position in global shipping through decarbonisation and innovation. The report stresses that Europe is at risk of falling behind major global competitors unless immediate and coordinated actions […]
In France, the European Commission has approved a €1.5 billion French scheme to support the production of sustainable biomethane to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’) adopted by the Commission on March 9, 2023 and amended on November 20, 2023 […]
In Belgium, in a pre-disclosure document published Friday, the European Commission announced it will impose provisional anti-dumping duties on Chinese HVO and FAME imports in four weeks’ time, ranging between 12.8% and 36.4%. In the meantime, EBB will ask for automatic registration of imports during the pre-disclosure stage, bringing some relief to the hard-hit EU […]
In Belgium, the European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Greenergy Halo Holdings III Limited of the UK by Trafigura Group Pte. Limited of Singapore. The transaction relates primarily to the supply of biodiesel, ethanol, and bioethanol. The Commission concluded that the notified transaction would not raise competition […]
In Belgium, the European Commission has approved, under EU State aid rules, a €3 billion Swedish scheme to support carbon capture and storage aimed at reducing carbon dioxide released during the combustion or processing of biomass (‘biogenic CO2′). The measure will contribute to the achievement of Sweden’s climate targets and the EU’s strategic objectives under […]
In Belgium, the European Commission has approved, under EU State aid rules, an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources. The scheme contributes to the EU’s strategic objectives relating to the European Green Deal, while helping to end dependence on Russian fossil fuels […]
In Belgium, the European Commission is taking further steps to support the development of the European hydrogen market by launching work on a pilot mechanism. The new mechanism was created under the recently-adopted decarbonized gases and hydrogen package, and aims to accelerate investments by providing a clearer picture of the market situation of both off-takers […]
In Belgium, the European Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe, selected through the first competitive bidding process under the European Hydrogen Bank. The funds for this auction come from the revenues of the EU Emissions Trading System. The winning bidders will produce renewable hydrogen in Europe and will […]
In Belgium, the European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production, to foster the transition towards a net-zero economy in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and […]
