Latest news
EUR 195M guarantee fund approved for deep geothermal projects in France
The European Commission has approved under EU state aid rules a French aid scheme to set up a guarantee fund for deep geothermal operations. The fund will be implemented for a period of 10 years and may provide compensation for deep geothermal projects, providing some protection against the risk linked to the high degree of uncertainty of deep geothermal resources during drilling.
read more... 10/08/2023
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Spain targets EU power market reform by year end
The Spanish EU presidency plans to make power market reform one of its main priorities, with the aim of approving plans before the end of the year, energy ministry sources told Montel on Friday.
read more... 10/07/2023
Italy aims to turn up renewable power to two thirds of total by 2030
Italy aims to generate nearly two thirds of its electricity from renewable energy sources by the end of the decade, the energy ministry said on Friday, slightly improving targets made public three years ago.
read more... 04/07/2023
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EU countries fail again to reach deal on power-market reform
European Union countries failed again to strike a deal on the reform of Europe's electricity market on Friday, with states still at odds over potential new state aid for power plants, diplomatic sources said.
read more... 04/07/2023
Italy energy minister sees LNG terminals covering 50% of gas needs
Italy's Environment and Energy Minister Gilberto Pichetto Fratin said on Wednesday that deliveries by ship of liquefied natural gas (LNG) were a reliable source of energy that could cover 50% of the country's gas needs.
read more... 29/06/2023