#Amsterdam-based #Return, an #energy startup specialising in battery systems and energy flexibility services, has secured €835 million in portfolio financing underwritten by @DeutscheBank and @Rabobank 🇳🇱 🔋
Finland granted Posiva an operating license for Onkalo, the world's first permanent nuclear waste repository. Spent fuel will sit 400m deep in copper canisters built to last 100,000 years. No opening date yet. #Nuclear#Finland#Energy
The EU spent an average of $30.7 billion a month on oil imports from April to July, up from $19.7 billion a year earlier, after the Hormuz closure lifted prices. Volumes rose just 1.2%, so price drove the jump. #EU#OilPrices#Hormuz#Energy
The EU will make no new climate finance commitments at COP31, climate commissioner Wopke Hoekstra said, calling more pledges "dead in the water" as soaring fuel and gas prices strain EU budgets and subsidies. #COP31#ClimateFinance#EU#Energy
EU energy ministers meet today on a worsening energy price crisis as winter nears. EU gas touched 100 euros per MWh on Wednesday, and storage sits near 75% versus over 80% on average over the past five years. #EU#NaturalGas#Energy#Europe
