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Germany to spend $220 billion for industrial transformation by 2026

Germany has earmarked 200 billion euros ($220 billion) to fund industrial transformation between now and 2026, including climate protection, hydrogen technology and expansion of the electric vehicle charging network, its finance minister said.

read more... 07/03/2022

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Denmark's CIP to lead giant green hydrogen project in Spain

Danish renewable company Copenhagen Infrastructure Partners (CIP) will lead a project in Spain to build a giant hydrogen plant, it said on Tuesday, as part of the Spanish government's efforts to use EU funds to become a top producer of the gas.

read more... 02/02/2022

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UK nuclear decommissioning plan could deliver savings, but risks remain

The UK’s new funding arrangements for the decommissioning of seven of its advanced gas-cooled reactor (AGR) nuclear power plants could deliver savings but "financial risks" remain and its success "will ultimately depend on the relevant parties working collaboratively", says the UK spending watchdog the National Audit Office (NAO).

read more... 31/01/2022

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EU to invest Eur1 billion in Green Deal cross-border energy infrastructure

EU member states have agreed to invest Eur1.037 billion ($1.16 billion) in cross-border energy infrastructure projects, with two-thirds of funds under the Connecting Europe Facility allocated to a subsea electricity interconnector to Cyprus, the Commission said Jan. 26.

read more... 28/01/2022

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UK government commits 32 mln pounds for floating wind projects

The British government said on Tuesday it will commit nearly 32 million pounds ($42 million) to fund the development of floating offshore wind projects to help lessen its dependence on gas, the price of which has increased sharply.

read more... 25/01/2022

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