Energy
EU proposes windfall fees on energy businesses to mitigate price increases
The European Union has set a goal to raise €140 billion ($140 billion) by taking a cut of the windfall profits made by certain energy providers.
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Energy
Germany to provide energy price relief to smaller businesses
German economy minister Robert Habeck has promised immediate aid to small and medium-sized organizations (SMEs) who rely heavily on energy to mitigate…
Boosting renewables will decrease Germany's energy expenses
The renewables organisation BEE emphasized that in order for Germany to survive the current energy crisis through the upcoming winter and beyond…
News
Europe is on the verge of recession as the cost of living crisis worsens
The euro zone is almost surely approaching a recession, as surveys released on Monday indicate a worsening cost-of-living crisis and a bleak outlook…
Wind energy is getting a lot of attention and investment lately, but is it worthwhile?
Wind power project with a capacity of three gigawatts (GW) receives investment of nine billion euros from Germany and Denmark.
Germany imposes a new gas levy of 2,4 cents, prompting concerns about rising inflation
Germany's new gas levy, which is slated to go into effect on 1 October, will be set at 2.419 cents per kilowatt hour (ct/kWh).
Germany is unlikely to achieve its gas storage goals without Nord Stream 1 supplies
The Federal Network Agency has mapped out scenarios in which Germany faces severe gas supply shortages in the upcoming winter if it fails to implement…
Climate change necessitates Germany's preparation for tropical diseases
Lothar Wieler, head of Germany’s national disease control authority Robert Koch Institute (RKI), warned in a recent interview that Germany might become…
Europe's energy costs continue to escalate as Russia restricts supply further
European energy prices continue to surge as Russia tightens its hold further on the region's supplies, endangering the economy and critical markets further.
Germany plans to impose a consumer gas tax to help struggling imports
Beginning on October 1, Germany will require consumers to pay a tax on their gas bills in order to assist fuel importers in passing along increased prices.
EU countries rework plan to curb gas demand, seek slice–outs
As Europe prepares for a winter of uncertain gas supplies from its primary supplier, Russia, member states of the European Union seek to modify the bloc's…
RWE is supporting the development of floating solar technology
RWE and SolarDuck have struck a partnership agreement to accelerate the growth of floating solar parks at sea.