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Germany Closing In On $21-Billion Deal To Buy Its Largest Grid
The German government is close to agreeing a deal to buy its biggest grid from TenneT in a deal estimated at around $21 billion (20 billion euros), as Germany looks to strengthen its transmission systems with the rise in renewable capacity, sources with knowledge of the matter told Bloomberg on Thursday.
read more... 29/09/2023
Berlin considers slashing electricity tax by 95% to boost heat pump uptake
Germany may slash electricity taxes to near-nothing amid flagging heat pump sales, a move backed by liberal and conservative politicians as well as the renewable energy lobby.
read more... 21/09/2023
Challenges persist in EU’s ‘blue energy’ push
Despite some progress, more work is needed in the development of offshore renewable energies to achieve Europe’s ambitious ‘blue’ coastal economy targets, a report by the European Court of Auditors (ECA) found.
read more... 20/09/2023
Germany likely to pass 50% mark for renewable power this year
Germany is likely to generate more than 50% of its power from renewable energy this year but needs to ramp up the speed of its transition towards the end of the decade, Economy Minister Robert Habeck said on Monday.
read more... 19/09/2023
EU's von der Leyen pledges more support for wind industry
The European Union will put forward a package of measures to support its wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday.
read more... 14/09/2023