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Wien Energie to build first geothermal heating plant in Vienna, Austria
The green light has been given to proceed with the first geothermal heating project in Vienna, Austria. This project will be undertaken by Vienna’s city utility, Wien Energie, and will see the construction of a geothermal heating plant on the outskirts of Seestadt Aspern.
read more... 16/11/2022
Germany to invest €550mn in global H2 projects
Germany will make €550mn ($572mn) available to help establish green hydrogen projects in developing countries through two new investment funds.
read more... 16/11/2022
Daily (15.11.2022): Cold weather forecasts lent support to gas prices on Monday
A stronger US dollar put downward pressure on crude oil prices on Monday. Moreover, an increase in coronavirus cases in China dashed hopes for a speedy reopening of the world's largest crude importer. As a result, Brent crude dropped by 3%, to end at $93.14 per barrel, while WTI fell by 3.5% to $85.87 a barrel.
read more... 15/11/2022
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France to expand electricity interconnections with Ireland, Italy
Irish and French energy regulators confirmed that the Celtic Interconnector will be completed by 2027, despite a substantial re-evaluation of the project’s costs. The French grid operator also confirmed the partial launch of the Savoy-Piedmont electricity interconnection.
read more... 15/11/2022
Germany's upper house clears state relief on gas prices
The German Parliament's upper house - Bundesrat - on Monday approved the federal government's plan to cover December's gas bill for households and certain businesses. The payment is intended to bridge the gap until the planned introduction of the gas price brake next March.
read more... 15/11/2022