Tag : Renewables

Tag: Renewables

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. “...

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...

COP26: call for more global climate action

On November 24, Members of the European Parliament debated with Fee Government Vice-President Frans Timmermans, and the Council Presidency, the Glasgow Local weather Pact agreed on the 2021 UN Climate Change Convention (COP26). Many MEPs described CO...

Orsted explores renewable hydrogen, green fuels in Denmark

COPENHAGEN – On the Orsted’s development website on the Avedore Power Plant situated just south of Copenhagen, the Danish multinational energy company is at present setting up a demo renewable hydrogen manufacturing facility. As of 2022, two of the t...

Commission approves EU funding for nature, environment and climate action projects

The European Commission permitted on November 25 an investment package deal of more than €290 million for 132 new tasks underneath the LIFE programme for the surroundings and local weather action. This EU funding will mobilise a complete investment o...

New list of Projects of Common Interest to strengthen EU energy market

The European Fee adopted on November 19 an inventory of key cross-border power infrastructure for building a extra built-in and resilient EU inner power market and pursuing the EU’s power and climate objectives. The fifth listing Tasks of Widespread...