Latest news
50Hertz to invest €5.6bn in offshore grid connections
The electricity transmission system operator 50Hertz is to focus its investments on the grid connections of large offshore wind farms in the Baltic and North Seas.
read more... 03/03/2022
Tax windfall profits of energy firms to raise money for green investments
The European Commission will propose that EU countries tax profits made from recent gas price spikes and use it to invest in renewable energy and energy-saving renovations, sources familiar with the matter told Reuters on Monday (28 February).
read more... 02/03/2022
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New Polish gas plants will cost taxpayers billions, derail green transition
Poland’s plans to build five new gas power plants will cost more than investments into renewables and undermine efforts to reach net zero emissions, according to financial think tank Carbon Tracker.
read more... 11/02/2022
EU has failed to create gold standard for green finance
European countries and companies could end up defining their own standards on green investments if Brussels fails to impose the "gold standard" and classifies spending on gas and nuclear energy as sustainable, a Spanish minister said on Wednesday.
read more... 10/02/2022
EU to propose green investment label for gas and nuclear energy
The European Commission is set to propose rules on Wednesday to allow some gas and nuclear power plants to be labelled as green investments, with minor changes to a previous draft proposal, a Commission source told Reuters.
read more... 02/02/2022