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Germany, Italy support new hydrogen-ready pipeline project

German Chancellor Olaf Scholz said on Thursday he is pleased that Italy and Germany have agreed to push ahead with work on the construction of a pipeline to transport gas and hydrogen between the two countries.

read more... 12/06/2023

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German network regulator wants higher returns for grid operators

Germany's network regulator wants to provide operators of power and gas grids higher returns on equity for their outlays, its president said on Wednesday, responding to higher inflation that utilities say threatens investments in these assets.

read more... 08/06/2023

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Spain On Track To Generate 50% Of Its Power From Renewables In 2023

Spain is on track to generate more than half of its power from renewable sources this year, the first of the top five European countries by power demand to accomplish this feat, according to Rystad Energy forecasts. Spain will reach this significant decarbonization milestone this year, with renewable-sourced generation surpassing the 50% average in 2023, beating France, Germany, Italy and the UK to this record.

read more... 08/06/2023

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Shell to exit European home retail energy businesses

Shell said on Tuesday that it had decided to exit its home retail energy businesses in Britain, Germany and the Netherlands due to their poor returns.

read more... 07/06/2023

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Germany launches $53 bln scheme to help stricken industry decarbonise

Germany is launching a programme that will make available tens of billions of euros for firms facing substantial energy costs, in a bid to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.

read more... 06/06/2023

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