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EU's von der Leyen pledges more support for wind industry

The European Union will put forward a package of measures to support its wind power industry as renewable energy companies struggle with challenges including inflation, European Commission President Ursula von der Leyen said on Wednesday.

read more... 14/09/2023

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Nuclear gets a boost from Europe's new green energy targets

European lawmakers bowed to pressure from France to allow nuclear power to be used for ammonia and hydrogen production in order to pass new legally binding targets to expand renewable energy development in the European Union.

read more... 14/09/2023

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EU Parliament passes bill hiking renewable energy targets

European Union lawmakers gave their final approval on Tuesday to legally binding targets to expand renewable energy faster this decade, a central part of Europe's plans to curb climate change and shift away from fossil fuels.

read more... 13/09/2023

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BP commits to Germany with $11 billion low-carbon investment push

BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.

read more... 13/09/2023

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Offshore wind drops out of UK auction on costs, risking climate goals

Offshore wind developers stayed away from Britain's latest renewable energy auction on Friday, arguing the price offered by the government did not reflect rising industry costs, something which is hampering wind projects globally.

read more... 11/09/2023

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