Results for: Energy Infrastructure

Member states have approved the creation of a unified hydrogen operator, marking a significant milestone in the development of a robust EU hydrogen market. This move aims to promote the utilization of renewable and low-carbon gases in the energy system and aligns with the goal of producing 10 million tonnes of green hydrogen within the EU by 2030. The regulations mandate comprehensive network planning and oversight by ACER, while national governments are tasked with incorporating the rules into their domestic frameworks within two years. Key markets such as France, Germany, and Poland are expected to play a pivotal role in hydrogen production, although the EU remains committed to phasing out hydrogen derived from natural gas.

Sempra Energy (NYSE: SRE) (BMV: SRE) has released its 2023 corporate sustainability report, outlining how its sustainable business practices are enhancing its scale, resilience, and risk profile. The company’s three growth platforms—Sempra California, Sempra Texas, and Sempra Infrastructure—are strategically positioned in major economic markets where policies support investment in energy infrastructure. This investment is seen as crucial to enabling clean transportation, increasing renewable energy penetration, and enhancing grid reliability.

Alaska’s energy infrastructure requires modernization to improve reliability, integrate clean energy sources, and support economic development. A $206.5 million federal grant has been awarded for Phase I of a project to strengthen the electric grid between the Kenai Peninsula and the Interior. Matching funds are needed from the State of Alaska to secure the full benefits of the grant. Governor Dunleavy has proposed budget amendments to fund the initial work, and the Legislature is considering including funding in the fiscal year 2025 capital budget.