cCarbon Daily Digest

FEATURE

Developments Impacting Compliance Carbon Markets

EU Carbon Prices Hit Lowest Level Since August 2025 After Calls to Revise ETS, Dragging Power and Industrial Shares Lower

Europe's benchmark carbon prices fell sharply this week to their lowest level since August 2025, sending shares in some power firms and EU industrials down with them. The European Commission also said it is looking to overhaul the support it gives to heavily emitting industries to prevent them moving to areas with lower pollution standards.

Governor Newsom, German Environment Minister Pledge Further Climate and Environment Cooperation at Munich Security Conference

California and Germany's collaboration includes advancing market-based carbon pricing programs, positioning decarbonization and resilience investments with the expansion of the global green economy, projected to reach around 7 trillion USD by 2030, supporting carbon markets through increased demand for emissions reductions, clean technologies, and nature-based solutions.

Planned SMR Nuclear Power Plant to Cost $6-7 Billion, Romanian PM Says

Romania's planned 460 MW small modular nuclear reactor plant would cost up to $7 billion and it will take time to devise a funding plan for such a big investment, Romanian Prime Minister Ilie Bolojan said. The project, would involve building six reactors staggered beyond 2030.

NextEra Energy Transmission and Exelon Welcome PJM Board Vote to Advance Grid Reliability Project

The PJM Board of Directors approved a ~220-mile, 765-kV transmission line proposed by NextEra Energy Transmission and Exelon Corporation, expanding grid capacity across West Virginia, Pennsylvania, and the MidAtlantic region.

New Sussex Tech High School Under Construction, Delaware's Largest, With Natural Gas Service From Chesapeake Utilities

The new campus represents the largest school construction initiative in Delaware history. To support the expanded campus, Chesapeake Utilities is constructing a nearly four‑mile natural gas main extension to deliver energy service to the school. The infrastructure will supply natural gas for key building systems, supporting the operational needs of the new facility and providing long‑term reliability.

Eclipse and BNP Paribas Announce Strategic Partnership to Accelerate Battery Energy Storage Systems in Europe

Eclipse and BNP Paribas formed a strategic partnership, including an equity investment, to accelerate Battery Energy Storage Systems deployment in Europe, offering tailored financing, hedging instruments, and long term offtake solutions to strengthen energy resilience, market flexibility, and support the energy transition.

Governor Newsom Launches UK Climate Partnership, Welcomes Nearly $1 Billion Octopus Energy Clean Tech Commitment

Governor Gavin Newsom signed a MOU with UK Energy Secretary Ed Miliband to deepen cooperation on climate, as Octopus Energy committed nearly $1 billion to California companies and projects focused on clean energy, carbon removal, and nature-based solutions, reinforcing investment flows into the state’s clean economy.

Greenbrier Minerals Idles Seven West Virginia Mines, Reducing 2026 Coal Output on Pardee Resources Company Property Amid Adverse Market Conditions

Pardee Resources Company reported that Greenbrier Minerals issued a WARN Notice on February 13, 2026, to idle seven coal mines in Logan County, West Virginia, beginning mid-April due to adverse market conditions. The mines were projected to generate $4–5 million in 2026 revenues, but likely to create a material impact on overall production.

Reps. Stephanie Barnard and Mark Klicker Urge Washington State to Compete for Federal Nuclear Innovation Campus

House Joint Memorial 4016 urges Washington state to pursue a federal partnership with the Department of Energy to host a “Nuclear Lifecycle Innovation Campus” in the 16th Legislative District, supporting advanced reactors, nuclear fuel recycling, and carbon-free electricity generation. The measure requests preparation of a competitive state response as part of the federal site selection process.

Clean Fuel Markets and Sustainable Fuels

Kuehne+Nagel, LATAM Cargo, and The Elite Flower Carry Out Their Largest SAF Operation Yet in Latin America

Kuehne+Nagel, LATAM Cargo, and The Elite Flower have carried out their largest SAF-based operation to date in Latin America using Book and Claim. It will reduce about 300 tonnes of CO₂e linked to the transportation of more than 495 tonnes of flowers (about 10 million stems).

Jordan Advances Green Hydrogen Certification Framework

Jordan is advancing the development of a green hydrogen certification system as part of building a complete legislative and regulatory framework for its hydrogen sector. The initiative was highlighted at a workshop that aims to implement a national standard and certification system to support industry growth.

TDB-DST Partners with Gudlyf Mobility to Develop Indigenous 700 Bar Hydrogen Storage

TDB-DST is funding Gudlyf Mobility to manufacture indigenous 700 bar hydrogen storage systems in Madurai. The project focuses on Type IV and Type V composite cylinders for mobility, CNG, and aerospace, significantly boosting India's domestic hydrogen infrastructure capabilities.

IPUSA Ruidoso: Advancing Waste-to-Renewable Diesel under New Mexico’s Clean Fuels Standard (HB-41)

Independent Power USA Provides Update on Ruidoso Waste-to-Fuel Facility,to form renewable diesel and biochar using a controlled low-temperature thermal conversion process. The project represents an estimated $139 million capital investment, and is in line with the New Mexico Clean Fuels Standards.

CETY to Present HTAP™ Pyrolysis Platform for Renewable Gas, Power and Biochar

CETY will be exhibiting its HTAP™ advanced pyrolysis at the 19th Annual International Biomass Conference & Expo. Through its HTAP™ advanced pyrolysis platform, CETY converts organic and biomass feedstocks into multiple high-value outputs, including renewable gas, hydrogen-ready syngas, electricity, and biochar.

Heathrow Boosts 2026 Sustainable Aviation Fuel (SAF) Incentive to Fly 2% above Government Mandate

Heathrow is stepping up its industry-leading carbon-cutting programme for a fifth consecutive year with an ambitious target to go 2% beyond the UK’s 3.6% SAF mandate in 2026. Combined, this would see up to 5.6% of all aviation fuel used at Heathrow to be SAF.

VORN Bioenergy Partners with Prado Energia to Expand Biomethane in Portugal

VORN Bioenergy and Prado Energia partnered to develop biomethane projects in Portugal, starting with two plants totaling 134 GWh. One holds PIN status, accelerating VORN’s strategy to reach 2 TWh capacity by 2030.

Transition Industries and CFEnergía Sign Strategic Mexinol Gas Deal, Enables Construction of $3.3B Facility

Transition Industries and CFEnergía secured a long-term gas contract, enabling construction of the $3.3 billion Pacifico Mexinol plant. It achieves ultra-low carbon status by producing 2.15 million MT of methanol annually using carbon capture and green hydrogen .

Singapore Imposes First SAF Levy as Southeast Asia Expands Production

Singapore implemented a ticket levy of up to $32 to fund Sustainable Aviation Fuel (SAF) adoption. This supports Southeast Asia's rise as a cleaner fuel production hub, with new facilities and expansions underway in Singapore, Thailand, and Indonesia.

India Records Lowest-Ever Price for Green Hydrogen in Tender

India has recorded its lowest-ever bid for green hydrogen supply, with a price of ₹279 per kilogram ($3.08/kg) in a tender to supply 10,000 tonnes per year to Numaligarh Refinery Ltd. in Assam, according to Renewable Energy Minister Pralhad Joshi.

CDR and Offsets

Releaf Earth Issues First Carbon Credits for Salesforce via Milkywire

Climate tech startup Releaf Earth announced that it has successfully issued the first batch of carbon removal credits for Salesforce in a transaction enabled by the Milkywire platform, issued via the Rainbow protocol, marking a pioneering industrial-scale carbon dioxide removal issuance in Nigeria.

Super6 Carbon Selects Mangrove Systems for dMRV to Scale High-Integrity Biogenic Carbon Removal

Super6 Carbon and Mangrove Systems have signed a strategic agreement to use Mangrove’s digital MRV platform across Super6’s engineered carbon removal network in the Midwestern United States, from capture through transport and permanent geological storage in Class VI wells.

LX International Opens Path to Monetizing Carbon Credits in Indonesia

South Korea's LX International has announced that its Hasang hydropower project in North Sumatra has been approved by the Indonesian government as an Article 6.4 carbon-reduction project under the Paris Agreement, marking the first such project in the country to receive such approval.

Other Developments

Halliburton Launches XTR CS Injection System for CO2 Injection in CCUS Wells

Halliburton has launched the XTR CS injection system, a wireline retrievable safety valve engineered for CO2 injection in CCUS wells, designed to deliver reliable performance, operational integrity, and flexible low carbon technology solutions in harsh environments.

The Vicat Group Awarded a European Innovation Fund Grant for its VAIA Carbon Capture Project

The Vicat Group has been awarded a “Grand Projets Industriels de Décarbonation” (GPID) grant for its VAIA project, which aims to capture and store 1.2 million tons of CO2 per year at the Montalieu-Vercieu cement plant, the largest in France.

Philippines DOE Advances 10-Year Green Energy Auction Plan, Targeting 25 GW of New Renewable Capacity by 2035

Philippines Department of Energy is advancing a 10-year Green Energy Auction Program to deliver at least 25 GW of renewable energy capacity through annual competitive auctions starting in 2026, with deliveries from 2027 to 2035, supporting national targets of 35% renewable energy share by 2030 and 50% by 2040.