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HomeWeekly Top 5Top 5 stories of the week: 28 April - 4 May

Top 5 stories of the week: 28 April – 4 May

Following the long May Day weekend, there has been no shortage of energy news across the region and we have them ready for you below!

Cementing a greener future in the V4

Continuing our analytical series on sustainable investments, experts from the Czech think-tank, International Sustainable Finance Centre share their insights on the current and future state of the cement sector in the region, which accounts for 6 per cent of carbon emissions in the Visegrad countries (Poland, Hungary, Slovakia, Czech Republic). Read the full story here.

State of the current European LNG market

The current gas and liquified natural gas (LNG) supply and demand landscape looks to be relatively balanced across the regional markets, according to analysts from the Norwegian constancy, Rystad Energy. The United States remains Europe’s main LNG exporter – while Russia, the continent’s third biggest supplier, continues to deliver “robust” volumes. Read the full story here.

World’s first geological hydrogen storage facility begins operation

The world’s first hydrogen storage facility in an underground porous reservoir in Gampern (north Austria) officially began operations on 27 April. In the future, this new innovative unit will convert the solar power surplus from around 1,000 homes into hydrogen and store it seasonally. Read the full story here.

A new EV charging network across the Baltic coast

The Estonian electric vehicle (EV) company, Enefit Volt looks to position itself at the forefront of regional electromobility connectivity as it kicked off the construction of an EV charging network covering Estonia, Latvia, Lithuania and Poland. Over the next two years, the company plans to install more than 1,000 new public chargers for EVs across the four countries. Read the full story here.

CEE rejects coal amid energy crisis

Despite concerns from climate activists regarding the return of coal in Europe, European coal power generation was lower during this year’s heating season compared to the previous winter, according to the German civil society coalition group, Beyond Fossil Fuels. The report also provided insights into the fossil fuel dependence of countries from Central and Eastern Europe and the role of renewable energy sources. Read the full story here.

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