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EUR 195M guarantee fund approved for deep geothermal projects in France

The European Commission has approved under EU state aid rules a French aid scheme to set up a guarantee fund for deep geothermal operations. The fund will be implemented for a period of 10 years and may provide compensation for deep geothermal projects, providing some protection against the risk linked to the high degree of uncertainty of deep geothermal resources during drilling.

read more... 10/08/2023

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America Flips Switch On First New Nuclear Reactor in 7 Years

The United States has started operations on its first new nuclear reactor in seven years, in a development hailed as having a positive impact on the climate as it releases no greenhouse gas emissions.

read more... 01/08/2023

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EU strikes gas, hydrogen deal with Argentina

The European Commission has signed a non-binding agreement with Argentina to facilitate a stable supply of liquefied fossil gas (LNG) to Europe in exchange for cooperation on green energy and Buenos Aires reigning in gas leakage.

read more... 19/07/2023

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Italian LNG terminal to start operations in mid-June

Italy’s Piombino floating LNG terminal (FSRU) could start commercial operations as early as mid-June once it receives authorisation for the injection of gas into Italy’s national grid, a spokeswoman from TSO Snam said.

read more... 30/05/2023

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Mannheim coal plant (425 MW) confirms market exit on 5 June

German power plant operator GKM will end market operation of its coal-fired unit 7 (425 MW) in Mannheim on 5 June, the company confirmed on Monday.

read more... 09/05/2023

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