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
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
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
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
Norway has approved a plan to connect Equinor's Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.
read more... 09/08/2023