Europe’s latest wind offshore auction based on non-price criteria was successful

The Hollandse Kust West (HKW) tender’s “Site VII” results were released by the Netherlands Enterprise Agency (RVO). It is the most recent significant non-price auction. The winning bid came from RWE subsidiary Oranje Wind Power II. A 700 MW offshore…

Mechanical engineers dub net zero transition ‘world’s most ambitious engineering project’

A newly released report from the Institution of Mechanical Engineers outlines the engineering challenges that must be overcome in order to achieve net zero emissions. According to the leading trade body in the UK for mechanical engineers, the transition to…

Czech Republic approves a limit on energy revenue

In accordance with plans that were approved on Wednesday, the Czech government will place a limit on the amount of money that power companies can make. On Wednesday, the Czech finance minister Zbynek Stanjura stated that the proposed revenue caps…

500 million euros will be invested in hydrogen and green energy projects by Bavaria

Bavaria, a state in southern Germany, will invest 500 million euros in projects to produce hydrogen and use renewable energy, according to the state’s economy minister, Hubert Aiwanger (Free Voters). The funding has been designated by the council of ministers…

German industry has shown a keen interest in Egypt’s plans for green hydrogen

German industry hopes to find a dependable long-term replacement for fossil gas from Russia as a result of plans by Egypt’s government and other governments in the region to make northern Africa and the Middle East (MENA) a major exporter…

Worldwide sales of e-cars break all records

Electromobility is gaining popularity all over the world. Sales of electric vehicles have increased significantly over the last three quarters in each of the three major markets, China, Europe, and the USA. Although China continues to be the unchallenged leader…

Germany to cover consumers’ and businesses’ gas payments for December

According to a planned two-stage energy price ceiling suggested by a government-appointed expert panel on Monday, the German state will cover all homes’ and small- to medium-sized firms’ monthly gas bills in December. According to the plan, the one-time full…

As a result of the energy crisis, Europe may be forced to deindustrialize

In spite of record-setting prices, a significant reduction in the supply of Russian gas, and a liquidity crisis on the energy market, the European Union has been discreetly celebrating a constant fall in gas and electricity use this year. However,…

Germany is unlikely to meet its climate goals without a “paradigm shift” in policy

Government advisors have cautioned that Germany’s current climate strategy may require a fundamental overhaul if the country is going to meet its targets for the reduction of emissions. During the presentation of the supervisory body’s first overall assessment of climate…

EU gas emissions decrease after COVID increase due to cleaner supply and energy-saving research

The Centre for Research on Energy and Clean Air (CREA) said on Thursday that gas emissions from the energy sector of the European Union have stopped rising after more than a year of post-pandemic increases. This is due to cleaner…