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Germany to miss 2024 heat pump target by half
Despite record sales in 2023, Germany’s political target of 500,000 heat pumps for 2024 looks out of reach amid a drastic drop in natural gas prices and a drawn-out political fight over heat pump mandates.
read more... 25/01/2024
Germany set for gas power plant expansion deal this week
German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week, three government and industry sources told Reuters on Monday.
read more... 23/01/2024
Germany's 2023 renewable power installations hit record, but wind sector lags
Germany's solar and wind power installations hit a record in 2023 but only photovoltaic energy reached the government's targets, industry associations said, expecting continued growth this year with further reduced bureaucracy.
read more... 03/01/2024
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Germany's Sefe, Norway's Equinor strike $55 billion gas supply deal
German state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor that will cover one-third of the industrial gas needs of Europe's largest economy, the companies said on Tuesday.
read more... 20/12/2023
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Seven European countries pledge CO2-free power systems by 2035
Seven countries including Germany, the Netherlands and France pledged on Monday to eliminate CO2-emitting power plants from their electricity systems by 2035.
read more... 19/12/2023