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Multi-billion offshore wind project receives green light

The Orkney Islands Council’s Development and Infrastructure committee has endorsed the offshore plans for the West of Orkney Windfarm, situated 30 kilometres west of the Orkney Mainland and 25km north of the Sutherland coast.

read more... 12/02/2024

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Germany outlines $17 bln plan to subsidise gas-to-hydrogen shift

Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.

read more... 06/02/2024

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Italy plans car-sales incentives worth $1.1B in 2024

Italy will provide subsidies worth almost 1 billion euros ($1.1 billion) this year to support car purchases and the transition to less polluting vehicles, an industry ministry official said on Thursday.

read more... 02/02/2024

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Italian gas grid operator Snam to invest 11.5 billion euros by 2027

Italy's Snam, opens new tab will invest 11.5 billion euros ($12.5 billion) by 2027 to expand its infrastructure to support the country's energy transition, 15% more than in its previous business plan, the gas network operator said on Thursday.

read more... 26/01/2024

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EDF's UK Hinkley Point nuclear plant start date delayed again, costs mount

French utility EDF on Tuesday again pushed back the start date on its long-delayed 3.2-gigawatt (GW) Hinkley Point C reactor plant in Britain to at least 2029, with a new estimated cost of between 31 billion and 34 billion pounds ($43.06 billion) based on 2015 values.

read more... 25/01/2024

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