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EC nods to EUR-1.4bn renewables support plan for Greek islands

The European Commission (EC) has approved EUR 1.4 billion (USD 1.59bn) in state aid by Greece for an incentive scheme that will support renewable energy deployment across 47 Greek islands.

read more... 24/12/2021

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Bulgaria to spend over $867 mln to offset high energy costs

Bulgaria's government approved on Wednesday a four-month scheme to provide more than 1.5 billion levs ($867 million) to help businesses cope with soaring energy prices during the winter months, Prime Minister Kiril Petkov said on Wednesday.

read more... 23/12/2021

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Norway parliament agrees increased electricity subsidy scheme

Norway's government said on Friday it had secured a majority in parliament for a revised plan to subsidise household electricity bills amid a spike in power prices.

read more... 20/12/2021

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Europe’s energy price hike fuelled by speculators

In the face of rising energy prices, Spain and Poland have called for trading limits to be placed on the world’s largest carbon market, the EU Emissions Trading Scheme (EU ETS). Market analysts, however, say speculative positions are currently too small to be statistically significant.

read more... 26/11/2021

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UK backs sustainable aviation fuel, hydrogen, EVs and new nuclear in net-zero strategy

The UK government has published its net-zero strategy document, outlining financing for developing sustainable aviation fuel, an industrial and hydrogen revenue support scheme and new money for electric vehicles and nuclear.

read more... 21/10/2021

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