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Latest Europe Update

EBRD supports Ukraine electricity company with €97.3 m
30 August, 2022
The European Bank for Reconstruction and Development (EBRD) and...
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Renewables investment is reducing UK power prices
Tuesday, August 16, 2022 by Cornwall Insight’s latest report – ‘GB Power Market Outlook to 2030’ – shows greater investment in renewables by countries across Europe, which has resulted in lower price projections...

EU approves curbs on gas
Tuesday, July 26, 2022 by European Union ministers agreed on 26 July to ration natural gas supplies this coming winter to protect member states against further supply cuts by Russia.

Ukraine joins the IEA
Tuesday, July 26, 2022 by Ukraine officially joined the International Energy Agency as an Association country on 19 July, with the signing of a joint declaration by Ukraine’s minister of Energy German...

Germany triggers gas emergency plan
Thursday, June 30, 2022 by Online news agency Clean Energy Wire reports that – citing a ‘tense situation’ following the previous week's cuts in the gas supply from Russia – Germany’s economy and climate...

Siemens and Air Liquide form JV to produce H2 electrolysers
Tuesday, June 28, 2022 by Siemens Energy and Air Liquide have jointly entered into a project to create the series production of industrial scale renewable hydrogen electrolysers in Europe. This aims to enable...

Ørsted + ATP and GlobalConnect to work on North Sea Energy Island digital hub
Tuesday, June 07, 2022 by Ørsted + ATP has signed an agreement with prominent digital connectivity player GlobalConnect to “make the North Sea Energy Island a backbone in the future digitisation of...

EU €300 bn plan for recovery and resilience
Tuesday, May 24, 2022 by On 8 March the European Commission proposed the outline of a plan to make Europe independent of Russian fossil fuels well before 2030. At the European Council on 24-25 March, EU...

Renewables funding via power bills cancelled in Germany
Tuesday, May 03, 2022 by As of 1 July, German consumers will no longer have to pay the renewables surcharge on power price. The Bundestag, the German federal parliament, has passed legislation to abolish...

European renewables prices rise 27.5%
Tuesday, April 19, 2022 by European renewable Power Purchase Agreement prices have surged 8.1% quarter over quarter and 27.5% year on year, with the crisis in Ukraine the latest development in the deepening...

Russian gas supply cuts would cause severe damage
Tuesday, April 05, 2022 by Leading industrialists in Germany have warned against the severe damage that would be caused by stopping Russian gas deliveries. “If we cut off Russian gas deliveries, the...

Joint statement of the EC and the USA on energy security
Wednesday, March 30, 2022 by On 25 March the USA and the European Commission issued a joint statement confirming their commitment to reducing Europe's dependency on Russian energy. The following is a digest of...

European grid synchronised with Ukraine and Moldova
Tuesday, March 22, 2022 by On 18 March the EU commissioner for Energy Kadri Simson issued the following statement concerning synchronisation of the continental European electricity grid with the Ukraine and...

Joint European action via REPowerEU
Monday, March 14, 2022 by The European Commission on 9 March proposed the outline of a plan, designated REPowerEU, to make Europe independent from Russian fossil fuels well before 2030, starting with gas. The...

Ukraine war adds impetus to Asia’s energy transition
Monday, March 14, 2022 by The invasion of Ukraine is leading to further turmoil for global energy markets already badly affected by extreme price volatility over the past two years, according to the Institute...

Gas prices rise to astronomic levels
Monday, March 14, 2022 by The IEEFA (Institute for Energy Economics and Financial Analysis) reports that the invasion of Ukraine is powerfully affecting global gas demand, with LNG unable to deliver...

Germany to spend $220 bn on industrial transformation by 2026
Tuesday, March 08, 2022 by Germany has earmarked 200 billion euros ($220 billion) to fund an industrial transformation between now and 2026, including climate protection, hydrogen technology and expansion of...

Strategy rethink in fossil–dependent Germany
Tuesday, March 08, 2022 by The war in Ukraine is forcing Germany to radically rethink its energy policy, given that the country is heavily dependent on Russian fossil fuels. In a first response,...

RWE and Neptune Energy join forces in H2 initiative
Wednesday, February 16, 2022 by RWE and Neptune Energy have signed a Joint Development Agreement to develop the offshore green hydrogen demonstration project “H2opZee” ahead of 2030.

Art of darkness
Wednesday, February 02, 2022 by A 40-metre illuminated tower has been constructed in the centre of Manchester, in the UK, marking a key milestone in the development of the city’s new electricity and heating network.

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