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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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EU greenlights France’s €1.5bn aid to support innovative EV batteries

The European Commission has given the green light for France to provide €1.5 billion (£1.3bn) of state aid to support research and development of innovative batteries for electric vehicles (EVs).

read more... 09/08/2023

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UK must build power lines faster, urges government’s first energy networks commissioner

The UK has the opportunity to accelerate the construction of new power lines, effectively tackling the long-standing backlog of renewable energy projects waiting to connect to the electricity grid.

read more... 07/08/2023

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EU must address wasted green energy and negative prices

The European Union needs to address curtailment wasting solar power potential and negative prices hitting the revenues of projects, a group of solar and renewable energy associations told the European Commission on Tuesday (1 August).

read more... 03/08/2023

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Germany hails breakthrough in EU talks on power plant plans

Germany's economy minister said on Tuesday Berlin had made a "breakthrough" in its talks with the European Commission on plans for new hydrogen and gas power plants, but has yet to agree on how they will be subsidised.

read more... 02/08/2023

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