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Germany hails breakthrough in EU talks on power plant plans

Germany's economy minister said on Tuesday Berlin had made a "breakthrough" in its talks with the European Commission on plans for new hydrogen and gas power plants, but has yet to agree on how they will be subsidised.

read more... 02/08/2023

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Capital Energy to sell $1 billion renewable energy portfolio

Spanish-based renewable energy investor Capital Energy has hired Lazard to sell a portfolio of 4.3 gigawatts (GW) of onshore wind and solar power plants in Spain, according to the sale of documents seen by Reuters.

read more... 31/07/2023

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Britain opens competition to develop small nuclear plants by the 2030s

Britain on Tuesday opened a competition to develop small modular nuclear reactors (SMRs), and is aiming to see them operating in the country by the early 2030's, according to energy security minister Grant Shapps.

read more... 19/07/2023

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Spain's EU power market reform draft includes subsidies for existing plants

Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union's electricity market, according to a draft seen by Reuters on Wednesday.

read more... 13/07/2023

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Portugal doubles 2030 goals for solar and hydrogen capacity

Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolysers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by 2040 and possibly become carbon neutral by 2045.

read more... 04/07/2023

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