Latest news
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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Construction of first UK-Germany direct power link gets underway
NeuConnect, the first direct power link between the UK and Germany, achieved a key milestone this week by signing a licence agreement with The Crown Estate.
read more... 12/07/2023
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Major banks yet to match EU with nuclear green label
None of the world's 30 major banks have explicitly included nuclear energy in their criteria for issuing green or sustainability-linked bonds, researchers said on Thursday, despite an EU decision last year to label it as sustainable.
read more... 06/07/2023
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UK's National Grid and SSEN in JV for 2 GW electricity transmission project
Scottish and Southern Energy Networks (SSEN) said on Tuesday it had signed a joint venture agreement with Britain's National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea cable linking northern Scotland to England.
read more... 06/07/2023
Amprion to present German north-south power line plans in mid-2024
German grid firm Amprion plans to finalise the planning stage for its 8 gigawatt (GW) north-south Rhein-Main-Link power line by the end of June next year, with a view to having 2 GW of it built by 2033.
read more... 23/06/2023