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Timing opportune for European renewable power supply deals

Prices of European power purchase agreements (PPA) for green electricity fell 2% in the fourth quarter of 2023, making a case for buyers to strike new deals ahead of an expected rise in demand, price tracking platform LevelTen said on Thursday.

read more... 02/02/2024

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Brussels clears French ‘green’ state aid worth over €8 billion in just one month

According to EU figures released this week, the European Commission has approved more than €8 billion in French state aid to decarbonise industry and develop renewable energies in just one month.

read more... 12/01/2024

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EC clears EUR-2.9bn French tax credit scheme for green industries

The European Commission (EC) on Monday approved, under state aid rules, a EUR-2.9-billion (USD 3.17bn) French tax credit scheme to support the production of solar panels, batteries, wind turbines and heat pumps, as well as associated key components and critical raw materials.

read more... 10/01/2024

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Austria boasts Europe’s second-greenest power sector in 2023

Austria generated 87% of its power from renewable sources in 2023 following record years of solar panel expansion, putting it behind Luxembourg in the EU rankings.

read more... 08/01/2024

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New grid rules could derail Finnish green transition

Finland’s new rules for grid asset valuation threaten future network investments deemed crucial for the green transition, regional grid operators (DSOs) have warned.

read more... 18/12/2023

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