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Germany outlines $17 bln plan to subsidise gas-to-hydrogen shift

Germany's government has agreed plans to subsidise gas power plants that can switch to hydrogen, the economy ministry said on Monday, with a price tag of $17 billion in subsidies as part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation.

read more... 06/02/2024

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Italy to invest in Enel plant to boost solar panel production

Italy will invest in Enel's, opens new tab photovoltaic panel factory in Sicily, supporting its plan to boost production and become Europe's main site for solar panels, Prime Minister Giorgia Meloni said on Saturday.

read more... 06/02/2024

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Czechs ask French, S.Korean firms for binding bids for up to 4 nuclear blocks

The Czech government said on Wednesday it would seek binding bids to build up to four nuclear power plant units instead of one, widening a long-running tender aimed at keeping nuclear power a big part of the country's energy mix in the coming decades.

read more... 01/02/2024

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EDF's UK Hinkley Point nuclear plant start date delayed again, costs mount

French utility EDF on Tuesday again pushed back the start date on its long-delayed 3.2-gigawatt (GW) Hinkley Point C reactor plant in Britain to at least 2029, with a new estimated cost of between 31 billion and 34 billion pounds ($43.06 billion) based on 2015 values.

read more... 25/01/2024

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Germany set for gas power plant expansion deal this week

German stakeholders are set to agree a deal on a much-anticipated roadmap for the construction of several new gas-fired power plants this week, three government and industry sources told Reuters on Monday.

read more... 23/01/2024

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