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EU risks power grid imbalance in post-2030 heat

The EU needs contingency plans to maintain power grid balance from 2030, when the share of renewables in the power mix will be much higher and the risk of summer heatwaves more frequent, an expert told Montel on Wednesday.

read more... 03/08/2023

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EU signs off target to cut final energy use 12% by 2030

A new EU target to cut the bloc’s final energy use by 11.7% in 2030 compared with a business-as-usual forecast gained its final approval on Tuesday, paving the way for it to become binding.

read more... 26/07/2023

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German offshore wind capacity up 3.1% in H1, manufacturers demand law amendments

Germany raised installed offshore wind capacity by 3.1% to 8,385 megawatts (MW) in the first half of 2023, industry lobbies said on Tuesday, demanding better revenue guarantees to maintain a build-out pace and ensure it will reach a 30,000 MW target by 2030.

read more... 26/07/2023

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Britain's Octopus Energy to invest $20 billion globally in offshore wind by 2030

Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday.

read more... 25/07/2023

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Britain opens competition to develop small nuclear plants by the 2030s

Britain on Tuesday opened a competition to develop small modular nuclear reactors (SMRs), and is aiming to see them operating in the country by the early 2030's, according to energy security minister Grant Shapps.

read more... 19/07/2023

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