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Equinor inaugurates world's largest floating wind power farm in Norway

Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm on Wednesday, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions

read more... 23/08/2023

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UK’s Ofgem approves grid amnesty for 8GW of projects

The Office of Gas and Electricity Markets (Ofgem), the energy regulatory authority in the UK, and the UK’s electricity transmission operator National Grid ESO have agreed to connect backlog projects to the grid.

read more... 17/08/2023

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€5bn Czech scheme to support energy producers given EU greenlight

Under the measure, subsidised loans will be provided to large energy producers to meet the collateral requests in the energy trading markets

read more... 11/08/2023

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German cabinet approves 58 bln euro green investment plan for 2024

Germany's cabinet on Wednesday agreed to earmark 57.6 billion euros ($63.2 billion) for green investments next year, up 60.2% from a 2023 target, the Finance Ministry said, as Berlin ramps up subsidies to help the country become net zero by 2045.

read more... 10/08/2023

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EUR 195M guarantee fund approved for deep geothermal projects in France

The European Commission has approved under EU state aid rules a French aid scheme to set up a guarantee fund for deep geothermal operations. The fund will be implemented for a period of 10 years and may provide compensation for deep geothermal projects, providing some protection against the risk linked to the high degree of uncertainty of deep geothermal resources during drilling.

read more... 10/08/2023

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