Tag : Energy

Tag: Energy

Germany powers down 3 nuclear plants

Three nuclear-fired energy crops can be taken off the grid in Germany on Friday as a part of the nation’s plan to end atomic energy. “The nuclear phaseout makes our country safer and helps to keep away from radioactive waste,” s...

Gazing into the Energy Crystal Ball for 2022

The Covid pandemic and geopolitical issues are more likely to be key issues for the power prices in 2022. “What we've got to have once we’re taking a look at these figures can be the financial debate on using all these commodities and the growing dem...

Austrian scheme to support electricity production from renewables gets EU nod

An Austrian help scheme to help electrical energy production from renewable sources complies with EU State help rules, the EU’s antitrust chief stated on December 20. “This scheme will allow Austria to help renewable technologies, because it has set...

EU endorses new climate, environmental protection and energy guidelines for state aid

The European Fee’s School of Commissioners endorsed on December 21 the new Tips on State help for climate, environmental safety and power (CEEAG). The CEEAG shall be formally adopted in January 2022 and will probably be applicable from that moment. “...

High gas prices push up electricity cost in EU

Excessive power prices in current months have drawn consideration from the European Commission, highlighting the importance of power safety, especially in occasions when international markets are risky. Spot pure fuel costs buying and selling in the...

Poland’s wind power secures EBRD financing

The European Bank for Reconstruction and Improvement (EBRD) stated on December 16 the financial institution will lend PLN 175 million (€38.9 million equivalent) for the development, development and operation of two wind farms in Poland with a total c...

MEPs reach deal with Council on EU-backed energy projects

The up to date guidelines to pick which power tasks will receive EU help have been informally agreed between Members of the European Parliament and the Slovenian Presidency of the Council on December 15, in accordance with the European ParliamentR...

New EU framework to decarbonize gas markets, promote hydrogen, cut methane emissions

The European Fee adopted on December 15 a set of legislative proposals to decarbonise the EU fuel market by facilitating the uptake of renewable and low carbon gases, including hydrogen, and to make sure power security for all citizens in Europe. “Eu...

BP acquires EV fleet charging provider AMPLY Power in US

BP stated on December 7 the UK firm took its first main step into electrification within the US with the acquisition of AMPLY Energy, an electrical car (EV) charging and power administration supplier for fleets that function vans, transit and faculty...

EU approves €3 billion Spanish scheme to support electric vehicles

The European Fee has accepted, underneath EU State help guidelines, a €3 billion Spanish scheme to help analysis, improvement and innovation (RD&I), as well as environmental safety and power efficiency measures of corporations in the value chain...

Poland to boost residential energy efficiency with help from EBRD, BNP Paribas

The European Bank for Reconstruction and Improvement (EBRD) and Poland’s main lender BNP Paribas Bank Polska (BNPPL) have agreed a landmark scheme to improve the power effectivity of Polish houses and minimize their power bills, the EBRD stated on De...

Croatian scheme to support electricity production from renewables gets EU nod

A Croatian assist scheme to help electricity manufacturing from renewable sources complies with EU State assist guidelines, the European Commission’s antitrust chief stated on December 9. “This €783 million scheme will enable Croatia to help renewabl...

Israel, Greece, Cyprus seeing green energy future

Israeli Prime Minister Naftali Bennett, Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nicos Anastasiades met in Jerusalem on December 7 where they reaffirmed the robust cooperation between the three Mediterranean nations, particularl...

Serbia, Rosatom ink deal to build a Center for Nuclear Science and Technology in Serbia

The Serbian authorities and Russia’s state atomic company Rosatom signed a Common Framework Settlement to construct a Middle for Nuclear Science and Know-how (CNST) and an settlement to type a three way partnership that may implement the undertaking...

New US sanctions against Nord Stream 2 to keep pressure on Russia

The USA on November 22 imposed new sanctions on the controversial Nord Stream 2 pure fuel pipeline between Russia and Germany. The US, Ukraine and a number of other EU states, including Poland and the Baltic states, have opposed Nord Stream 2, arguin...