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Natural Gas
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
espite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as government…
Germany
Germany Earmarks $3 Billion for Decarbonisation Subsidies
Germany's Economy and Climate Minister Robert Habeck holds a press conference about the autumn economic projectionThe German government has earmarked up to …
Floating Offshore Wind
Norway Proposes $3.3bn Subsidy for Floating Offshore Wind
Credit: Carina Johansen via Getty Images.On Monday (7 October), the Norwegian Government proposed to provide up to Nkr35bn ($3.29bn) in subsidies in its planned…
Floating Offshore Wind
Norway Plans $3.3 Billion Floating Wind Subsidy Cap
The Norwegian government proposed on Monday to offer up to 35 billion Norwegian crowns ($3.29 billion) in subsidies in the country’s first commercial floating …
Electric Vehicle Battery
Vietnam plans electricity subsidies for EV charging stations
Vietnam is planning to subsidise electricity prices for electric vehicle (EV) charging stations, as part of its efforts to promote the use of EVs and meet its e…
Geothermal Power Project
JOGMEC Announces Subsidies for Six Geothermal Power Projects in Japan
Minami Kayabe geothermal power plant in Hakodate, Hokkaido, Japan (source: ORIX Corporation)The Japan Organization for Metals and Energy Security (JOGMEC) has a…
Renewable Energy
EU Approves Potential $38 Bln of Renewables Subsidies in Italy
Wind turbines are seen along the A2 motorway near Salerno, Italy, January 14, 2021. REUTERS/Yara Nardi/File Photo Purchase Licensing RightsThe European Commissi…
Energy Policy
Exxon, Chevron Ceos Seek Clear Rules on US Clean Energy Subsidies
Darren Woods, Chairman and CEO, Exxon Mobil Corporation speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, …
Net Zero
Germany Launches Green Subsidies for Industry
German Economic Affairs and Climate Action Minister Robert Habeck presents the annual economic report during a session of the lower house of parliament, the Bun…
Carbon Emissions
Germany to Earmark 4 Bln Euros for Industry Decarbonisation Subsidies - Source
The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a governm…
Biofuel
UK Considers Extending Subsidies for Large-Scale Biomass Power Producers
The U.K. government is considering extending subsidies for biomass power producers that plan to develop bioenergy with carbon capture and storage (BECCS) capaci…
Geothermal Power Plant
Valencia, Spain Offers Subsidies for Geothermal, Other Renewables
The Hemispheric in Valencia, Spain (source: Diliff, CC BY-SA 3.0, via Wikimedia Commons)A call for aid has been issued for renewable thermal energy projects in …
Hydrogen Fuel Cell
Enel Cancels Second Hydrogen Fuel Project in Italy
The company said it’s scrapping the La Spezia project despite millions in subsidies in Europe.Enel, an Italian energy group, has announced that it will no…
Electric Vehicles
Thailand approves 2024-27 EV support measures
The second phase of Thailand's electric vehicle (EV) package for 2024-27 has been approved by its National Electric Vehicle Policy Board, in a bid to suppor…
Oil & Gas Trade
Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy
Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…
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