Latest news
Munich, Germany aims for CO2-neutral heating by 2040, primarily with geothermal
Munich city utility Stadtwerke München (SWM) has laid out a plan for the heating transition in Munich, Germany that aims to establish CO2-neutral heating by 2040 at the latest, ahead of the 2045 target set by the federal government. With much of this capacity to come from geothermal, SWM is undertaking the expansion of heating networks, new geothermal projects, and additional drilling.
read more... 26/03/2024
Ofgem unveils proposals for energy price cap overhaul
Ofgem has proposed various options for the future of the price cap, including dynamic rates and targeted caps based on vulnerability
read more... 26/03/2024
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Major nuclear projects will have to wait longer for delayed EIB financing
The European Investment Bank (EIB) dealt a major blow to the nuclear industry at last week’s International Nuclear Energy Summit in Brussels, when it dithered over the industry’s request for more funding for nuclear projects, but confirmed that investment in renewable energy will remain a priority until 2030.
read more... 26/03/2024
German wind power sector welcomes government offshore terminal funding
The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.
read more... 25/03/2024
An EU Carbon Tax Will Upend The Global LNG Market
The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax.
read more... 25/03/2024