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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
US awards $1.2 billion to Oxy, Climeworks-led carbon air capture hubs
The U.S. Department of Energy on Friday announced that projects in Texas and Louisiana to remove more than 2 million metric tons of carbon emissions per year will get over $1 billion in federal grants, a key step in scaling up direct air capture (DAC) technology.
read more... 14/08/2023
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Italy seeks feedback on 62-GW renewables tender programme
The Italian government has opened a consultation on a new decree that seeks to introduce a new subsidy scheme for renewables and back 62 GW of projects via competitive tenders in 2024-2028.
read more... 10/08/2023
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
BP Plans To Build First Subsidy-Free Offshore Wind Farms
BP plans to build two offshore wind farms in the Irish Sea without entering government schemes for support, The Times reported on Monday, in what could be the first subsidy-free offshore wind projects ever.
read more... 08/08/2023