Latest news

France, Germany to aim for energy accord ‘by the end of the month’

Over the years, France and Germany have developed radically diverging electricity systems. While Paris puts large-scale nuclear power plants at the heart of its market, Germany is moving towards a smaller-scale decentralised power generation model relying on 100% % renewable energy.

read more... 12/10/2023

news

Germany Closing In On $21-Billion Deal To Buy Its Largest Grid

The German government is close to agreeing a deal to buy its biggest grid from TenneT in a deal estimated at around $21 billion (20 billion euros), as Germany looks to strengthen its transmission systems with the rise in renewable capacity, sources with knowledge of the matter told Bloomberg on Thursday.

read more... 29/09/2023

news

Berlin considers slashing electricity tax by 95% to boost heat pump uptake

Germany may slash electricity taxes to near-nothing amid flagging heat pump sales, a move backed by liberal and conservative politicians as well as the renewable energy lobby.

read more... 21/09/2023

news

Challenges persist in EU’s ‘blue energy’ push

Despite some progress, more work is needed in the development of offshore renewable energies to achieve Europe’s ambitious ‘blue’ coastal economy targets, a report by the European Court of Auditors (ECA) found.

read more... 20/09/2023

news

Germany likely to pass 50% mark for renewable power this year

Germany is likely to generate more than 50% of its power from renewable energy this year but needs to ramp up the speed of its transition towards the end of the decade, Economy Minister Robert Habeck said on Monday.

read more... 19/09/2023

news