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German hard coal importers want extended run times for reserve plants
Germany's hard coal importers want the Berlin government to prolong the operation of hard coal-to-power generation plants enlisted in last year's energy crisis beyond the targeted end of March 2024, the VDKi lobby said on Tuesday.
read more... 22/11/2023
North Sea nations agree to auction 15 GW/year offshore wind
Ministers of nine northwestern EU countries have agreed to commit to a combined annual offshore wind capacity auction of 15 GW to improve planning and coordination, they said after a joint meeting on Monday.
read more... 22/11/2023
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German industry sceptical of power tax cut plan
German energy experts and industry representatives are sceptical of a government plan to cut industrial power taxes, with the details still ambiguous and some arguing more was needed to ensure competitiveness with other nations.
read more... 21/11/2023
France’s New ESG Rule Could Result in $7.6 Billion of Oil and Gas Divestments
France’s new regulation, which will not allow funds invested in fossil fuel companies with new development plans to use a national ESG label, could result in forced divestments of $7.6 billion (7 billion euros) of oil and gas assets currently held by funds, according to a Morningstar Inc analysis carried by Bloomberg.
read more... 20/11/2023
Germany presents hydrogen core network plan in bid for 2045 climate neutrality
Germany's core network for hydrogen fuel will extend over 9,700 km (6,000 miles) and cost around 20 billion euros ($21 billion) by 2032, the chairman of transmission system operator FNB Gas said on Tuesday, as Berlin bets on the fuel for decarbonisation.
read more... 15/11/2023