Latest news
Renewables roll-out in France too slow to meet EU targets
France saw a faster rate of renewables deployment from 2021, but things slowed down from 5.3 gigawatt (GW) to 4.5 GW between 2022 and 2023.
read more... 29/01/2024
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EU electricity prices: Will 2024 mark the end of national tariff shields?
Electricity prices on the EU wholesale market have been on a downward trend in recent months, a development some governments see as an opportunity to remove subsidies introduced in response to the energy crisis, while others see as a bad signal for the energy transition.
read more... 26/01/2024
EC targets EUR 480m of EU funds for CO2 transport, storage
The European Commission has allocated nearly EUR 480m in EU funding to CO2 transport and storage projects as it seeks to create a “European carbon value chain”, it said on Thursday.
read more... 26/01/2024
Italian gas grid operator Snam to invest 11.5 billion euros by 2027
Italy's Snam, opens new tab will invest 11.5 billion euros ($12.5 billion) by 2027 to expand its infrastructure to support the country's energy transition, 15% more than in its previous business plan, the gas network operator said on Thursday.
read more... 26/01/2024
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€400bn needed for offshore grids by 2050
Europe’s first-ever Offshore Network Development Plan, published on Tuesday (23 January), highlights the huge investment needed to connect offshore wind farms to final consumers, with an estimated 54,000 kilometres of transmission assets expected to be built in European waters by 2050 – almost 1.5 times the equator’s length.
read more... 25/01/2024