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Europe
France
2022-11-21
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 prices and help them compete with German businesses, its finance minister said on Saturday.
Italy
2022-11-21
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the impact of high energy prices while postponing some of its most lavish election promises.
Energy Transition
2022-11-21
RWE Plans Renewables Profit Share With German Authorities to Improve Local Acceptance of Energy Transition
German utility RWE will offer profits to municipalities where one of its wind or solar farms is located as part of an expansion of the German Renewable Energies Act (EEG).
Natural Gas
2022-11-20
Germans Face More Power and Gas Price Hikes in January - Portal
Many German households face another 50%-plus hike in power and gas supplies in January due to the lag in suppliers passing on higher wholesale market prices and rising grid fees, prices portal Verivox said on Friday.
Net Zero Emission
2022-11-20
First UK Deployment of Pioneering Net Zero Technology in Scotland
WORLD-LEADING decarbonisation technology will be deployed in the UK for the first time as part of a collaboration between climate tech company Levidian and solutions business Eco Group.
Czech Republic
2022-11-20
Czech Lawmakers Back $3.4 Billion Power Revenue Cap Plan
The Czech lower house of parliament on Friday approved a government plan to cap revenues of power firms as part of efforts to fund measures to ease the burden of soaring prices on households and businesses.
Crude Oil
2022-11-19
EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials
The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU's energy policy chief told Reuters.
Electric Car
2022-11-18
InoBat Inks Declaration for EV Battery Gigafactory in Serbia
InoBat Auto, European developer of Electric Vehicle (EV) batteries, has signed protocols and declarations of intent with the Government of the Republic of Serbia for the construction of a new EV battery gigafactory in Serbia.
Net Zero Emission
2022-11-17
COP27: France, Spain Latest to Pledge Halt to Gasoline-Driven Vehicle Sales
France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to accelerate the transition to a low-carbon economy.
Switzerland
2022-11-17
Switzerland Can Save 4M Tonnes of Carbon Each Year
A partnership has been signed to decarbonise waste-to-energy plants in Switzerland.
Carbon Emissions
2022-11-17
UK Sets Out Carbon Capture Plan
The UK government has published the UK’s first official CCUS framework that is expected to provide technical information to three major projects.
Hydrogen Project
2022-11-17
COP27: Egypt and Norway to Build 100MW Green Hydrogen Plant
Plant will be built in Egypt’s Ain Sokhna region, on the Red Sea coast, and will be implemented in cooperation with Scatec, the Norwegian energy giant.
Crude Oil
2022-11-16
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, the International Energy Agency said on Tuesday.
Gas Turbine
2022-11-16
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, according to General Electric.
Electricity Transmission
2022-11-16
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 electricity supply and transmission system.
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Hydro-Quebec Shares 300 MW Solar Tender Details
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Kenya Opens Solar-Plus-Storage Tender
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Norway’s First Floating Wind Tender Attracts Two Bids