Skip to content
Menu
Gas2Wire Forum
  • Energy Transition
  • Extending Field Life
  • Carbon Efficiency
  • Flaring
Gas2Wire Forum

The Energy Transition – New Strategy and Lending Policy for EIB

Posted on November 19, 2019March 17, 2020

From the end of 2021, the European Investment Bank is calling an end to their financing of all fossil fuel projects, except for gas-fired power projects that incorporate CCS (carbon capture and storage), CHP (combined heat process) or co-firing of renewable gases. It will also support €1tn of investments in climate action and environmental sustainability from 2021 to 2030.

The policy sets out how the EIB intends to finance the transition to a more carbon-neutral energy mix. Gas2Wire, which in our vision utilises CHP, fits into this category. We also envision the incorporation of CCS, once both the technology and policy mature. Generating power at its source allows the unique opportunity to reinject CO2 back into the source reservoir, to enhance natural gas recovery and remove the need for its transportation.

Navigation

  • Forum Home
  • MFDevCo

Categories

  • In the News
  • Commentary
  • Carbon Efficiency
  • Energy Transition
  • Extending Field Life
  • Hydrogen
  • Natural Gas
  • Flaring
  • Regulatory
  • T&C

Recent Posts

  • Revised OGA Strategy ‘comes into force’
  • A transition pathway for hydrogen
  • A Pathway to Powering Our Net Zero Future
  • UK Offshore Oil and Gas – A Journey to Net Zero
  • Offshore Integration key to Net Zero Delivery

Archives

Navigation

  • Forum Home
  • MFDevCo

Categories

  • In the News
  • Commentary
  • Carbon Efficiency
  • Energy Transition
  • Extending Field Life
  • Hydrogen
  • Natural Gas
  • Flaring
  • Regulatory
  • T&C

Privacy Policy

Terms and Conditions

©2022 Gas2Wire Forum | Powered by SuperbThemes & WordPress
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsPrivacy policyACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT