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Germany To Replace Nuclear With Natural Gas Plants for $16B
Last April, Germany shut down its last three nuclear power stations, marking the end of the country’s atomic age. The controversial decision came at a time when Europe and the German public was beginning to warm up to nuclear energy in the wake of the continent's energy crisis following Russia’s invasion of Ukraine.
read more... 12/02/2024
Germany outlines $17 bln plan to subsidise gas-to-hydrogen shift
Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.
read more... 06/02/2024
German carbon capture row heightened by EU’s draft 2040 climate plan
Germany’s upcoming carbon management strategy is being delayed by government divisions on carbon capture and storage (CCS), further exacerbated by a leaked EU climate policy draft for 2040 promoting the controversial technology.
read more... 02/02/2024
Germany needs to speed up offshore wind capacity expansion to hit targets
Germany raised installed offshore power wind capacity by 257 megawatts (MW) in 2023 to reach 8,465 MW but needs to step up the pace to meet a target of 30,000 MW by the end of 2030, industry groups said on Tuesday.
read more... 31/01/2024
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EU Commission looks into Germany's natural gas levy
The European Commission has asked the EU's energy regulator ACER to examine whether a tariff Germany added to its natural gas exports distorts the bloc's single market in a possible breach of competition rules, three sources close to the matter said.
read more... 29/01/2024