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Latest Europe Update
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Record European demand for RE – despite COVID-19
New statistics from the Association of Issuing Bodies show that the demand for renewables reached 530 TWh at the close of Q2 2020. This is the highest figure recorded, even compared...
GB could be net exporter of power by 2040s
Interconnection with EU nations, regardless of trading arrangements post-Brexit, will continue to play a pivotal role in driving wholesale power prices and system flexibility in...
Greece sets ambitious targets to phase out coal by 2028
Greece has committed €5 billion to phase-out the use of coal by 80% by 2023, to reduce the country’s carbon footprint. But data and analytics company GlobalData suggests that this is...
EU sets out its plans for the energy system of the future
The European Commission has set out its strategies for achieving the transformation of Europe’s energy system, which accounts for 75% of the EU's greenhouse gas emissions, that will...
‘Power bridge’ to connect Crete to mainland Greece
A consortium led by Siemens Gas and Power has been awarded a turnkey contract for two converter stations for the HVDC link that will connect Crete, Greece’s largest and most...
French auction schedule is revised
The French government has revised its schedule for upcoming renewable energy auctions because of the Covid-19 pandemic.
Market turbulence delays Portuguese auction
Portugal’s government has postponed a 700 MW solar PV tender planned for April.
French PPE boosts offshore wind ambition
The French government has proposed more ambitious targets for offshore wind energy in the latest draft of its 'Programmations pluriannuelles de l’énergie' (PPE) energy strategy document.
EIB announces climate strategy and energy lending policy
The European Investment Bank has announced a new lending policy to accelerate investment and innovation in clean energy and energy efficiency.
Renewables grow in Ukraine
Rapid renewable energy growth will help to boost energy security in Ukraine, according to analysts GlobalData.
Legal challenge delays UK auction
The UK’s latest renewable energy auction has been delayed by a legal challenge brought by a renewable energy developer.
EIB to cut all funding for fossil fuel projects
The European Investment Bank has undertaken to end its multibillion euro financing of fossil fuel projects by the end of 2020 in order to align its strategy with climate targets
Climate plans insufficient, says WindEurope
Draft National Energy & Climate Plans drawn up by European governments lack the detail and ambition needed to deliver the European Union’s 32 per cent renewables target for...
Heatwave hits European wind energy but boosts solar
The same meteorological conditions behind the current heatwave in Western Europe have contributed to a wind drought, while solar plant performance in many of these markets has increased.
EU ‘can double renewables by 2030’
The European Union can increase the share of renewable energy in its energy mix to 34% by 2030 – double the share in 2016 – according to a report by the International Renewable...
Commission approves capacity mechanisms
The European Commission has given its approval for the setting up of capacity mechanisms in six EU nations.
EEX Group unveils ‘innovative solutions’ for energy markets
EEX Group has outlined ‘a programme of innovations for the energy and commodity markets of the future’.
Ineos challenges Scotland’s shale ban
Industrial giant Ineos has launched a legal challenge against a decision by the Scottish government to ban the exploration of unconventional oil and gas reserves.
EPEX SPOT power trading shows steep increase
The European Power Exchange EPEX reports that trading volumes grew by 9.5% in September compared to the same period last year.