Electricity

E.ON’s Leonhard Birnbaum Takes the Reigns at Eurelectric

Leonhard Birnbaum, CEO and chairman of the Board Management of E.ON, has been appointed acting president of Eurelectric, federation of the European electricity …

Electricity Transmission

US Sets the Stage With $13BN Grid Modernisation Programmes

Washington has announced $13 billion in financing opportunities for the expansion and modernisation of the US electric grid.

France

France Spends 8.4 Billion Euros to Help Companies With Energy Bills

France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…

Electricity Transmission

White House Announces $13 Bln in Funding to Modernize Power Grids

The White House announced through the Department of Energy (DOE) on Friday that it is soliciting grant applications for $13 billion in new financing under the b…

Energy Storage Project

US Long-Duration Energy Storage Demos to Receive $350M Funding

Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.

Net Zero Emission

Indonesia’s PLN Enters Agreement With Amazon for 210MW Solar Projects

State-owned electricity firm PT PLN (Persero) signed an agreement with Amazon for the development of 210 megawatts (MW) of solar projects, the generated power o…

Gas Turbine

Germany’s Gas Turbine Capacity Expansion Moving Too Slow

Germany is behind in its plan to expand its gas turbine capacity to 30 GW by 2030—the amount needed to stabilize its electricity distribution networks, accordi…

Electricity Transmission

Latvian TSO to Invest Over €500M in Digital Grid Solutions

Latvian transmission system operator AS “Augstsprieguma tīkls” (AST) plans to invest €500.5 million ($516.8 million) up to 2033 to strengthen the electricit…

Natural Gas

German Govt Postpones Decision on Gas Price Brake

The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday, said a government spokesperson.

Germany

German Budget Experts Push for Dividend Ban Tied to Energy Subsidies

Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …

Hydrogen Production

Philippines’ President Greenlights Offshore Wind, Green Hydrogen Plan

The Philippines’ President has given the country’s Department of Energy the green light to move forward with its plan to explore and develop the offshore wind…

Nuclear Reactor

Finland Introduces Scheme to Prevent Power Blackouts

Finland's national power grid operator said on Friday it will introduce voluntary procedures for companies and the public sector to help prevent electricity sho…

Energy Transition

Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…

Bosnia and Herzegovina

Bosnia's Power Exports at Risk as People Switch to Electricity for Heating

Bosnia may be forced to cut exports as Bosnians turn to subsidised electricity for heating after a jump in prices for other fuels, including gas, firewood and w…

Offshore Wind Power

Evonik Taps Into EnBW Wind Park in Industry's Clean Energy Push

Evonik secured about 100 megawatts (MW) of electricity per year from an EnBW offshore wind park.