Germany slows the rise in power prices with a €13 billion grid fee subsidies
Germany will slow electricity bill increases next year by paying slightly under 13 billion euros in grid fees to the four high-voltage transmission system…
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States urge the German government to quickly implement a gas price brake
The German states are requesting more funding from the federal government to cope with the energy crisis and are pressing for the speedy implementation…
To maintain flexibility, balance, and needs, renewable energy storage must be prioritized
Storage technology, according to Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA)…
The global energy crisis strengthens the case for renewables beyond climate change
For a very long time, people have discussed the need to speed up climate action around the globe.
The United States is likely to become Europe's main LNG supplier
A scenario analysis conducted by the Institute of Energy Economics (EWI) at the University of Cologne predicts that the United States will overtake Russia…
News
Europe must not allow corporations to profit from the energy crisis
There needs to be a pushback from European governments against fossil fuel companies trying to profit from the energy crisis by making customers dependent…
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.
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).