The German government is seeking a green gas quota for the heating sector with the quota to start at up to 1% in 2028, Handelsblatt reports
Newsquawk Staff ·
The German government is seeking a green gas quota for the heating sector with the quota to start at up to 1% in 2028, Handelsblatt reports.
What it means
The German government's move to establish a green gas quota starting at 1% in 2028 signals a commitment to decarbonizing the heating sector. This could have implications for gas suppliers and energy companies operating in Europe, potentially increasing demand for green gas alternatives and affecting pricing dynamics in both regulatory and market contexts.
Sources
- ADNOC reportedly informed some Asian refiners that it may begin delivering Upper Zakum crude via a new pipeline to the Fujairah terminal in early 2027, allowing shipments to bypass the disrupted Strait of Hormuz, according to Bloomberg
- TTF rises to EUR 100/MWh for the first time since December 2022
- Russia and Azerbaijan are discussing natural gas swap supplies, reports Interfax
- Equinor (EQNR NO) CEO says what happens in the Middle East determines the price of oil, refined products and gas; hopes that Britain will approve the Rosebank oilfield
- UK confirms it will be removing the standing charge on gas bills. Ofgem will be directed to do this in 2027, or as soon as possible
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