Latest news
Siemens launches local power trading platform with German utility
Using blockchain technology to link participants via an app, it allows producers to earn money from marketing their excess production, the firms said, while distributing power locally represents a more efficient use of the grid
read more... 23/10/2020
Germany caps green power levy with $12.5 billion injection after record EEG deficit
Germany's annual green power premiums require a Eur10.8 billion ($12.5 billion) cash injection from the federal budget to cap the levy at Eur65/MWh, transmission system operators said Oct. 15.
read more... 16/10/2020
EU bank invests €120m to modernise power network in Hungary
The financing will cover the costs of the reinforcement of the electricity supply network, refurbishment of substations, overhead lines and underground cables and the installation of advanced meters
read more... 09/10/2020
RWE launches research into the salty storage of green electricity
The project could see underground caverns store several GWh of electricity from renewable sources
read more... 02/10/2020
ExxonMobil focused on core oil and gas as renewable returns too weak: official
ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said Sept. 30.
read more... 01/10/2020