Munich city utility Stadtwerke München (SWM) has laid out a plan for the heating transition in Munich, Germany that aims to establish CO2-neutral heating by 2040 at the latest, ahead of the 2045 target set by the federal government. With much of this capacity to come from geothermal, SWM is undertaking the expansion of heating networks, new geothermal projects, and additional drilling.
read more... 26/03/2024
The European Investment Bank (EIB) dealt a major blow to the nuclear industry at last week’s International Nuclear Energy Summit in Brussels, when it dithered over the industry’s request for more funding for nuclear projects, but confirmed that investment in renewable energy will remain a priority until 2030.
read more... 26/03/2024
The Gas Exporting Countries Forum's (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector.
read more... 22/03/2024
Britain’s National Grid, opens new tab has proposed a 58 billion pound ($74 billion) investment programme to boost grid networks beyond 2030 to accommodate expected growth in electricity demand and an increase in renewable power projects.
read more... 19/03/2024
Italy's energy transition is building on a myriad of solar panels mounted on roofs, but the country has installed far fewer large plants than its neighbours, data seen by Reuters show, signalling hurdles on Rome's path to decarbonisation.
read more... 06/03/2024