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EU Parliament passes bill hiking renewable energy targets

European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.

read more... 13/09/2023

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BP commits to Germany with $11 billion low-carbon investment push

BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.

read more... 13/09/2023

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French government earmarks €4 bln for low-carbon hydrogen

The French government will release €4 billion in subsidies in the form of public-private contracts for the development of low-carbon hydrogen projects as part of the country’s updated national hydrogen strategy.

read more... 01/09/2023

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UK energy bills to fall after Ofgem lowers price cap by 7%

Millions of British households will have cheaper energy bills from October after British energy markets regulator Ofgem cut its price cap again to reflect a further fall in wholesale power and gas prices.

read more... 28/08/2023

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Denmark plans to allocate 26.8 bln crowns for new CO2 capture and storage tenders

Denmark plans to allocate 26.8 billion Danish crowns ($3.9 billion) in state aid over 15 years for projects to capture and store 2.3 million metric tons of carbon dioxide (CO2) emissions per year, the climate and energy ministry said on Monday.

read more... 23/08/2023

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