EU finance ministers reached a deal on Tuesday (4 October) to raise €20 billion from the bloc’s carbon market to support the transition away from Russian energy, opening the way for talks with the European Parliament to finalise the plan.
read more... 06/10/2022
Germany's largest power producer RWE said on Tuesday it is bringing forward its coal phase-out by eight years and is ready to end lignite-based electricity generation in 2030 as part of a deal reached with the government.
read more... 05/10/2022
Political groups in the European Parliament announced a deal on Tuesday (27 September) that will see the equivalent of €20 billion taken from the EU carbon market in a bid to finance the move away from Russian fossil fuels and lower consumer energy bills.
read more... 29/09/2022
The German government will acquire 99% of the country’s struggling utility Uniper following a takeover deal agreed with its Finnish parent Fortum, the companies confirmed in a statement on Wednesday.
read more... 21/09/2022
Denmark and Germany have reached an agreement to connect the Danish energy island Bornholm, with an installed capacity of 3 GW, to the German mainland via an interconnector.
read more... 01/09/2022