Subsidies

Crude Oil

Japan to Subsidise Refiners to Ease Oil Price Impact

Japan is planning to give subsidies to the country's refiners for the first time to offset the impact of surging oil prices on domestic oil product values.

Energy Subsidies

German Reactions to the COP26 Climate Summit Results

The UN climate summit COP26 in Glasgow has heralded in the end of the fossil fuel era, said German environment minister Svenja Schulze shortly after the confere…

Hydrogen Technology

Thyssenkrupp Upscales Water Electrolysis to GW Series Production

Thyssenkrupp will be receiving almost €8.5 million in subsidies from the German Federal Ministry of Education and Research for the research and development of …

Carbon Emissions

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.

Energy Subsidies

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.

Biobattery

Netherlands Temporarily Ceases New Subsidies for Biomass Heat

The government said the action will not impact currently approved subsidies.

Energy 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

Energy Subsidies

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.

Energy Subsidies

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

Energy Infrastructure

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…