Latest news
EU calls for global CO2 price at Cop 28
European Commission president Ursula von der Leyen today called on Africa to work together on a proposal for global carbon pricing at this year's UN Cop 28 climate change conference, which she said would unlock "huge" resources for climate action in Africa.
read more... 06/09/2023
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
Stellantis, Vulcan Energy to develop renewable energy assets in Germany
Automaker Stellantis has teamed up with lithium group Vulcan Energy Resources to develop geothermal energy projects in Germany to help decarbonise production of electric vehicles at Rüsselsheim, the two companies said on Tuesday.
read more... 18/01/2023
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Finnish govt plans 10-bn-euro crisis package for energy companies
Finnish government has proposed to provide the country's electricity companies with loans and guarantees of up to 10 billion euros ($10 billion) to secure the sufficiency of their cash resources.
read more... 06/09/2022
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UNEP, IEA and Italy launch new initiative on power system modernisation
A new initiative aimed at accelerating progress on power system modernisation and the effective utilisation of demand-side resources has been launched.
read more... 05/10/2021