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CO2 EUA Dec 2024

Apr 19, 2024

Swiss retailer Denner to offtake power from agrivoltaic plant

Swiss utility Romande Energie has reached a deal to supply local retailer Denner AG with electricity from a planned agrivoltaic facility in western Switzerland, according to a statement published on Thursday. The solar plant will be built in the municipality of Conthey and will generate about 600 MWh annually, sufficient to meet the needs of 24...

Apr 19, 2024

German govt agrees on reforms to boost solar expansion

The German government has agreed on a package of legislative reforms aimed at reducing bureaucracy and speeding up the expansion of photovoltaics and solar power storage facilities in the country. The draft reforms, known as Solar Package I, should be enacted by the parliament in one of the next two sessions. The proposed measures will simpli...

Apr 19, 2024

Trianel sets up JV for solar projects in Austria

German energy company Trianel and Austrian firm Selina Photovoltaic GmbH have established a joint venture to develop ground-mounted solar projects in Austria. The new company, Trianel Energieprojekte Austria GmbH (TEA), will be based in Vienna and led by managing directors Egmont Froehlich and Herbert Muders, Trianel said on Thursday. The joi...

Apr 19, 2024

Bayer inks PPA to source 100% renewables for German operations

German pharma giant Bayer AG has secured over 120 GWh of renewable power per year from the Wuppertal city utility to make its operations greener in the native country. Bayer said on Friday it had signed a power purchase agreement (PPA) with public utility company Wuppertaler Stadtwerke (WSW) to procure wind and/or solar power from German wind a...

Apr 19, 2024

Statkraft signs 150MW of German PPAs

Statkraft and Alterric, Germany's largest onshore green power producer, have concluded several long-term power purchase agreements (PPAs) with terms of two to five years. Under the agreement, Statkraft will purchase around 1.2TWh or 330GWh of green electricity annually from eleven wind farms with an installed capacity of almost 150MW over the en...

Apr 19, 2024

Belgian lower house validates 2 GW nuclear extension to 2035

The bills amended Belgium’s 2003 law that called for the country’s full exit from nuclear power use by 2025. Engie and the Belgian government signed a final agreement over the lifetime extensions last December, saying the reactors were needed to bolster security of supply amid fears of winter shortages. Belgium’s three other reactors (2 GW) a...

Apr 19, 2024

Spanish government signals openness to TAQA's bid for Naturgy

Spain on Friday signalled it was open to a potential takeover bid of energy firm Naturgy by Abu Dhabi's TAQA , saying that while the government will defend its strategic interests that did not imply it would block the deal. TAQA confirmed on Wednesday it is in discussions with the three largest shareholders of Naturgy about a possible bid for t...

Apr 19, 2024

First geothermal well a success for MTU facility in Munich, Germany

Drilling and pump testing of the first well drilled for the geothermal heating project of aircraft engine manufacturer MTU Aero Engines AG (MTU) in Munich, Germany has been completed, with data so far indicating a productive well. The drilling rig will then be skidded to the location of the second well, which will be drilled by mid-April. First ...

Apr 19, 2024

New agreements to solidify Spain and Netherlands’ hydrogen connection

Dutch Port of Amsterdam, together with international partners, has reached two agreements on green hydrogen and hydrogen derivatives. Additionally, Evos Amsterdam signed a memorandum of understanding (MoU) with Spanish CEPSA to explore hydrogen export out of the south of Spain to Amsterdam. According to the Amsterdam port, these three agreements...

Apr 19, 2024

Equinor starts FEED work for low-carbon hydrogen project in Netherlands

Norwegian energy major Equinor and global industrial gases and engineering company Linde have started the front-end engineering design (FEED) of their joint investment in the H2M Eemshaven low-carbon hydrogen project in the Netherlands. The two parties are entering the last phase of studies before a planned investment decision, Equinor revealed,...

Apr 19, 2024

Engie to install 12.6 MWp of on-site solar for DuPont in Spain

Energy solutions provider Engie Espana, part of French utility group Engie SA, will build a 12.62-MWp solar self-consumption plant for US chemicals giant DuPont within its complex in the Spanish region of Asturias. The project is underpinned by a power purchase agreement (PPA) that will see DuPont procure electricity from the on-site solar farm...

Apr 19, 2024

Equinor wins consent for 2 UK offshore wind extensions adding 719 MW

Norwegian energy major Equinor ASA has secured development consent for the Sheringham Shoal and Dudgeon extension projects which will add a combined 719 MW of offshore wind capacity in the UK. The extension projects will double the capacity of the existing 317-MW Sheringham Shoal and 402-MW Dudgeon wind farms off the North Norfolk coast. They w...

Apr 19, 2024

UK-Denmark 1.4-GW Viking Link interconnector formally launched

The 1.4-GW Viking Link, the UK’s first connection with the Danish energy grid, has formally been launched today by National Grid Plc. The 475-mile (764.5-km)-long cable running from Lincolnshire to southern Jutland in Denmark is described as the world’s longest land and subsea interconnector. It is National Grid’s sixth interconnector and the UK...

Apr 19, 2024

UK-US floating wind supply chain scheme launches

Applications are open for an initiative aimed at expanding the US market for UK companies developing technology applicable to the floating offshore wind market stateside. The UK-US Floating Offshore Wind Supply Chain Innovation Bilateral (FLOWB) supply chain programme brings together the Offshore Renewable Energy (ORE) Catapult and Innovate UK, ...

Apr 19, 2024

EU unlikely to ban Russian gas by 2027

“I do not think that EU member states will have the political strength to do this on the voluntary basis,” said Walter Boltz, senior energy advisor with consultancy Baker McKenzie Rechtsanwalte, late on Thursday. The EC in 2022 unveiled a EUR 210bn RePower EU plan to end the bloc’s reliance on Russian fossil fuels by 2027, though no sanctions on...

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