Latest news
EU funded research seeks to speed up drilling for deep geothermal
Deep geothermal reservoirs are being targeted for renewable energy supply worldwide. However, while international research efforts are stepping up to the challenge of overcoming the low efficiency of heat recovery from depth to the surface, the showstopper remains the slow drilling speed provided by the conventional rotary system in deep hard rocks (> 4 km). Deep drilling requires long drilling times, often resulting in unacceptably high initial investment.
read more... 16/08/2021
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Eni buys Italian onshore wind portfolio
Clean energy fund manager Glennmont Partners and PGGM Infrastructure Fund have agreed on the sale of one of the largest Italian onshore wind project portfolio to Eni.
read more... 13/07/2021
Spain earmark 1.3 bln euros in aid to renewable power generation for private consumption
The Spanish government approved a 1.3 billion euro ($1.55 billion) plan to finance investments in renewable power generation for private consumption with the rescue funds to be disbursed by the European Union, spokesperson Maria Jesus Montero said on Tuesday.
read more... 30/06/2021
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Global gas supply in 5-10 years may not be tight given shorter construction
Global natural gas supply in the next five to ten years may not be as tight as market expected with shorter project construction cycles, which can have a significant impact on supply and demand fundamentals, participants at the 7th China LNG & Gas International Summit 2021 held over June 23-24 said.
read more... 25/06/2021
Austria starts process on geothermal for heat development roadmap
The Austrian Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology (Bundesministerium für Klimaschutz, Umwelt, Energie, Mobilität, Innovation und Technologie) and the Climate and Energy Fund are starting the process of drawing up a research and development roadmap (R&D roadmap) for geothermal energy in Austria.
read more... 23/06/2021