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Belt and Road
Oil-Producing Oman Pledges 2% Emissions Reduction by 2030
Struggling to balance its budget as the coronavirus pandemic hits oil revenues, Oman is looking to diversify the economy and cut electricity subsidies
Offshore Wind Power
Offshore Wind Subsidies per MWh Generated Continue to Rise
It is frequently claimed that the subsidy cost of offshore wind farms has fallen over the past few years.
Solar Power Panel
Serbia to Introduce Incentives for Households to Install Solar Panels – Minister
The Ministry of Mining and Energy will launch a public call for subsidies for solar panels at the beginning of September, and another one by the end of the year…
Energy Storage Battery
Hungarian Government to Subsidize SK Innovation’s Battery Plant Construction
SK Innovation will receive 90 million euros in support funds from the Hungarian government for the construction of a battery plant.
RWE’s Sanbostel-Bevern Wind Farm Awarded Subsidy
In Lower Saxony, Germany, RWE’s Sanbostel-Bevern wind farm was awarded a subsidy by the German Federal Network Agency.
Netherlands Temporarily Ceases New Subsidies for Biomass Heat
The government said the action will not impact currently approved subsidies.
EU Wants to Loosen State Aid Rules for Renewable Energy Projects
EU competition regulators are considering changes in state aid laws to allow EU countries to subsidise up to 100% of renewable energy projects
Hyundai Motor's IONIQ 5 Eligible for Subsidies from Chinese Government
Hyundai Motor’s IONIQ 5 loaded with batteries from SK Innovation are expected to receive subsidies from the Chinese government starting from the second half of…
Nuclear Power Plant
US May Consider Nuclear Subsidies
The White House has indicated privately to lawmakers and stakeholders that it supports taxpayer subsidies to keep nuclear facilities from closing.
Dutch Govt Grants $2.4 billion in Subsidies to Huge Carbon Storage Project
Shell and Exxon requested the subsidies in January together with industrial gas suppliers Air Liquide and Air Products
White House Eyes Subsidies for Nuclear Plants to Help Meet Climate Targets
The new subsidies, in the form of "production tax credits," would likely be swept into President Joe Biden's multi-trillion-dollar legislative effort to invest …
Nuclear Power Plant
Electric Bill Fee to Subsidize Nuclear Plants Renewed into 2025
Ratepayers will continue to pay an extra fee on their electric bills for an additional three years to keep three Salem County nuclear plants open, after a unani…
Serbia Adopts New Energy Laws
Serbia's national assembly on 20 April adopted four new laws for the mining and energy sectors, including a law that paves the way for the country to begin hold…
Biden Tax Plan Replaces U.S. Fossil Fuel Subsidies with Clean Energy Incentives
Linked to the $2.3 trillion infrastructure package, it is part of wider plan that includes boosting the corporate income tax rate from 21% to 28%.
NextEnergy Claims New Record for UK’s Largest Solar Farm as 115MWp Subsidy-Free Portfolio Completes
NextEnergy Capital has energised two subsidy-free solar farms, one of which - a 75MWp asset developed in Wales - is claimed to be the largest constructed PV pla…