Germany providing EUR 4.6 billion in grants for hydrogen projects
Germany is disbursing EUR 4.6 billion in subsidies for 23 projects for hydrogen production, transportation and storage
Germany’s industry to get billions in subsidies to decarbonize
Carbon contracts for difference should help companies stay competitive as they transition to more expensive production processes
Germany preparing scheme to lower electricity prices for firms
Germany wants to reduce tariffs for businesses to make them competitive with the US and China, which have lower electricity prices
Germany to extend operation of three nuclear power plants until April 2023
Germany is trying to ensure a stable supply of energy and lower the prices of electricity and natural gas
Grid stress test: Germany intends to extend operation of two nuclear plants
After performing a stress test, the German government now wants to keep two reactors in reserve this winter instead of closing them
Germany to reconsider nuclear plant shutdown in following weeks
Faced with the gas supply crunch, German ministers from the Greens are willing to reconsider the scheduled closure of the last nuclear plants
EU’s push for Persian Gulf LNG set to worsen energy price inflation
The EU wants to replace Russian gas fast, adding upward pressure on prices. Germany is in talks with Qatar for LNG, but so are Asian countries.
Timmermans: EU countries can delay coal phaseout to avoid Russian gas
A delayed coal phaseout in some countries is possible, but green energy deployment must be accelerated, The European Commission's Frans Timmermans says