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Latest Europe Update
The European Investment Bank has announced a new lending policy to...
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Renewables grow in Ukraine
Rapid renewable energy growth will help to boost energy security in Ukraine, according to analysts GlobalData.
Legal challenge delays UK auction
The UK’s latest renewable energy auction has been delayed by a legal challenge brought by a renewable energy developer.
EIB to cut all funding for fossil fuel projects
The European Investment Bank has undertaken to end its multibillion euro financing of fossil fuel projects by the end of 2020 in order to align its strategy with climate targets
Climate plans insufficient, says WindEurope
Draft National Energy & Climate Plans drawn up by European governments lack the detail and ambition needed to deliver the European Union’s 32 per cent renewables target for...
Heatwave hits European wind energy but boosts solar
The same meteorological conditions behind the current heatwave in Western Europe have contributed to a wind drought, while solar plant performance in many of these markets has increased.
EU ‘can double renewables by 2030’
The European Union can increase the share of renewable energy in its energy mix to 34% by 2030 – double the share in 2016 – according to a report by the International Renewable...
Commission approves capacity mechanisms
The European Commission has given its approval for the setting up of capacity mechanisms in six EU nations.
EEX Group unveils ‘innovative solutions’ for energy markets
EEX Group has outlined ‘a programme of innovations for the energy and commodity markets of the future’.
Ineos challenges Scotland’s shale ban
Industrial giant Ineos has launched a legal challenge against a decision by the Scottish government to ban the exploration of unconventional oil and gas reserves.
EPEX SPOT power trading shows steep increase
The European Power Exchange EPEX reports that trading volumes grew by 9.5% in September compared to the same period last year.
Gasunie joins North Sea hub
The North Sea Wind Power Hub has welcomed Dutch gas grid operator Gasunie as its latest member.
GGA adopts the Florence Declaration
Government representatives of national members of the Global Geothermal Alliance agreed on 12 September to work together to implement measures that will increase the speed of...
Spanish capacity market faces legal challenge
Two Spanish non-governmental organizations have submitted a complaint to the European Commission alleging that Spain’s capacity market system contravenes state aid laws.
Demand pushes Spanish auction to 5 GW
Some 5 GW of renewable energy capacity will be built in Spain following the country’s latest auction.
Commission releases details of energy package
The European Commission has released the text of its long-awaited Clean Energy Package, which includes a raft of measures on clean energy, market design and governance rules.
La Nina could cause UK price spikes
Analysis by Bloomberg News suggests that the incoming weather system is likely to drive up energy demand while reducing wind speeds, producing a spike in UK power prices this coming winter.
Europe slips down the renewables investment rankings
European markets have lost ground in EY's latest Renewable Energy Country Attractiveness Index (RECAI).
European spot power price plunged in February
Cheap fuel, plentiful wind and weak demand combined to deflate Continental European power prices in February, according to data released by Platts.
GE to cut jobs in Europe
General Electric plans to cut 6500 jobs in Europe over the next two years, including 765 in France and 1300 in Switzerland.