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Spain On Track To Generate 50% Of Its Power From Renewables In 2023
Spain is on track to generate more than half of its power from renewable sources this year, the first of the top five European countries by power demand to accomplish this feat, according to Rystad Energy forecasts. Spain will reach this significant decarbonization milestone this year, with renewable-sourced generation surpassing the 50% average in 2023, beating France, Germany, Italy and the UK to this record.
read more... 08/06/2023
Shell to exit European home retail energy businesses
Shell said on Tuesday that it had decided to exit its home retail energy businesses in Britain, Germany and the Netherlands due to their poor returns.
read more... 07/06/2023
Germany launches $53 bln scheme to help stricken industry decarbonise
Germany is launching a programme that will make available tens of billions of euros for firms facing substantial energy costs, in a bid to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.
read more... 06/06/2023
Germany, EU to combine funding schemes to boost green hydrogen
Germany wants to combine its H2Global funding scheme to support green hydrogen with the new European Hydrogen Bank, the economy ministry said in a statement on Wednesday.
read more... 01/06/2023
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German energy regulator to study power grid returns
Germany's federal network regulator plans to study the permitted returns on infrastructure for power networks through to 2029 to take account of inflation and expansion plans by grid operators to accommodate renewable energies.
read more... 24/05/2023