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Reuters - Il y a 2 jours

How Germany's hydrogen economy could transform energy use

EXPLAINER-How Germany's hydrogen economy could transform energy use By Vera Eckert FRANKFURT, July 25 (Reuters) - German utility EnBW EBKG.DE this week pledged 1 billion euros ($1.08 billion) to build pipelines to carry clean hydrogen as part of a plan for a nationwide grid that will start commercial operations by 2032. Germany is betting on green hydrogen, produced through electrolysis driven by wind and solar power, as an alternative to fossil fuels.

Reuters - Il y a 3 jours

RWE, TotalEnergies to build 795 MW wind farm in North Sea

RWE, TotalEnergies to build 795 MW wind farm in North Sea GDANSK, July 24 (Reuters) - German utility RWE RWEG.DE and French energy giant TotalEnergies TTEF.PA will develop a 795 megawatts (MW) wind farm called OranjeWind near the Dutch coast of the North Sea, the German company said on Wednesday. Each partner will have a 50% stake in the project wh

Reuters - Il y a 3 jours

TotalEnergies Signs Deal With RWE To Buy 50% Stake In OranjeWind

BRIEF-TotalEnergies Signs Deal With RWE To Buy 50% Stake In OranjeWind July 24 (Reuters) - TotalEnergies SE TTEF.PA : NETHERLANDS: TOTALENERGIES ACQUIRES A STAKE IN THE ORANJEWIND OFFSHORE WIND FARM IN VIEW OF SUPPLYING GREEN HYDROGEN TO ITS EUROPEAN REFINERIES AND LOWERING THEIR EMISSIONS SIGNED AGREEMENTS WITH GERMAN RENEWABLE DEVELOPER RWE TO AC

Reuters - Il y a 1 semaine

Chinese wind turbine-makers move into Europe as trade tensions flare

FOCUS-Chinese wind turbine-makers move into Europe as trade tensions flare Adds comment from Chinese wind energy association in paragraphs 10-11 China says does not subsidise unfairly Europe has painful memories of Chinese solar panels German government says it is monitoring Mingyang deal RWE visited Mingyang production in China By Riham Alkousaa, Christoph Steitz, Nina Chestney BERLIN/FRANKFURT/LONDON, July 19 (Reuters) - Chinese wind turbine-makers this month clinched their first order in Germ

Reuters - Il y a 2 semaines

Trillion-dollar group urges government action to stop nature loss

Trillion-dollar group urges government action to stop nature loss Open letter backed by 132 companies Countries set plans ahead of COP16 talks Backers include Danone, RWE, Teck Resources, Holcim By Simon Jessop and Jake Spring LONDON/SAO PAULO, July 16 (Reuters) - More than 100 companies, including Unilever ULVR.L , L'Occitane 0973.HK and Iberdrola IBE.MC , have called on governments to enact tougher policies to reach a U.N.

Reuters - Il y a 2 semaines

Europe's green energy stocks slide as Trump victory chances grow after shooting

BUZZ-Europe's green energy stocks slide as Trump victory chances grow after shooting ** Shares in European renewable energy companies slide, with traders pointing to increased odds of former President Donald Trump winning a second term after the assassination attempt on Saturday ** Trump said in May he would halt offshore wind development if he was re-elected, according to a media report ** While offshore projects under construction are protected, a Trump victory could be highly negative for the

Reuters - Il y a 2 semaines

RWE Receives State Aid For Hydrogen Projects In Germany

BRIEF-RWE Receives State Aid For Hydrogen Projects In Germany July 15 (Reuters) - RWE AG RWEG.DE : GERMAN AND STATE GOVERNMENTS GRANT FUNDING FOR LARGE HYDROGEN PROJECTS BY RWE ELECTROLYSER PLANT IN LINGEN AND HYDROGEN STORAGE FACILITY IN EPE TO BE FUNDED WITH A TOTAL OF 619 MILLION EUROS ROSTOCK ELECTROLYSIS PROJECT WITH RWE PARTICIPATION TO RECEI

Reuters - Il y a 2 semaines

European shares fall, led by luxury sector, utilities

UPDATE 2-European shares fall, led by luxury sector, utilities For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Burberry drops on CEO exit, profit warning ECB President Christine Lagarde to speak later in the day Ocado falls after brokerage downgrade STOXX 600 down 1% Updated at 1600 GMT By Shristi Achar A and Shashwat Chauhan July 15 (Reuters) - European shares drifted lower on Monday after dour updates from luxury companies weighed on t

Reuters - Il y a 3 semaines

Germany needs $325 bln of power grid investments by 2050, KfW says

UPDATE 2-Germany needs $325 bln of power grid investments by 2050, KfW says Bill for German power grids alone runs to $325 billion Banking sources are confident that money can be raised Germany competes with other centres for investment Adds comments from press conference By Christoph Steitz and Vera Eckert FRANKFURT, July 9 (Reuters) - Germany needs around 300 billion euros ($325 billion) by the middle of the century to equip its power grids for decarbonisation, state bank KfW KFW.UL said on Tu

Reuters - Il y a 3 semaines

Germany needs $325 bln of power grid investments by 2050, KfW says

RPT-UPDATE 2-Germany needs $325 bln of power grid investments by 2050, KfW says Repeats with no change to headline or text Bill for German power grids alone runs to $325 billion Banking sources are confident that money can be raised Germany competes with other centres for investment By Christoph Steitz and Vera Eckert FRANKFURT, July 9 (Reuters) - Germany needs around 300 billion euros ($325 billion) by the middle of the century to equip its power grids for decarbonisation, state bank KfW KFW.UL

Reuters - Il y a 3 semaines

Germany needs $325 bln of power grid investments by 2050, KfW says

Germany needs $325 bln of power grid investments by 2050, KfW says FRANKFURT, July 9 (Reuters) - Germany needs investments of around 300 billion euros ($325 billion) by the middle of the century to equip its power grids for decarbonisation, state bank KfW KfW.UL said on Tuesday. "The necessary expansion of renewable energies makes suitable and flexible transmission and distribution networks necessary and requires high investment," KfW said at a capital markets conference at its headquarters in F

Reuters - Il y a 3 semaines

British renewable industry pushes new govt to increase auction budget

British renewable industry pushes new govt to increase auction budget By Susanna Twidale LONDON, July 8 (Reuters) - Britain's renewables industry has called on the new Labour government to increase the country’s renewable auction budget by hundreds of millions of pounds to help meet its offshore wind target and wider goal to decarbonise the power grid.

Reuters - Il y a 3 semaines

Germany to seek bids for hydrogen-ready power plants by early 2025

UPDATE 1-Germany to seek bids for hydrogen-ready power plants by early 2025 Adds utility comment in paragraphs 6-8 By Riham Alkousaa and Christoph Steitz BERLIN/FRANKFURT, July 5 (Reuters) - Germany said on Friday it will launch the first tender for the construction and modernisation of 12.5 gigawatts (GW) of gas power plants that can switch to hydrogen by the end of 2024 or early next year, following industry pressure.

Reuters - Il y a 3 semaines

Germany to seek bids for 12.5 GW H2-ready power plants

Germany to seek bids for 12.5 GW H2-ready power plants BERLIN, July 5 (Reuters) - Germany will launch the first tender for the construction and modernisation of 12.5 gigawatts (GW) of gas power plants that can switch to hydrogen by the end of 2024 or early next year, the economy ministry said on Friday. The planned tenders are part of efforts to supplement intermittent renewable energy and speed up the transition to low carbon generation and follow pressure from the industry.

Reuters - Il y a 3 semaines

Germany builds up LNG import terminals

FACTBOX-Germany builds up LNG import terminals Updating with ReGas' latest move at Lubmin and inauguration of Stade's landside reception terminal July 3 (Reuters) - Germany is looking to expand its natural gas import options to replace Russian supply and as part of its decarbonisation efforts. Below are details on terminals being developed to host floating storage regasification units (FSRUs) to receive liquefied natural gas (LNG).

Reuters - Il y a 4 semaines

GS downgrades Terna, Fortum, but sees demand growth for European power cos

BUZZ-GS downgrades Terna, Fortum, but sees demand growth for European power cos ** Goldman Sachs downgrades Italy's Terna TRN.MI and Finland's Fortum FORTUM.HE to "sell" from "neutral" on limited share upside and weaker profit and investment outlooks for the two power utilities ** By 0720 GMT, Terna shares are down 1.5% while Fortum drops 2.1% ** G

Reuters - Il y a 1 mois

RWE Receives Approvals For Wind Farm Off German North Sea Coast

BRIEF-RWE Receives Approvals For Wind Farm Off German North Sea Coast June 25 (Reuters) - RWE AG RWEG.DE : RWE AG - RWE RECEIVES APPROVALS FOR WIND FARM OFF GERMAN NORTH SEA COAST RWE AG - CONSTRUCTION OF NORDSEECLUSTER A WITH A CAPACITY OF 660 MEGAWATTS DUE TO START IN 2025 WITH FULL COMMISSIONING PLANNED FOR EARLY 2027 RWE AG - NORDSEECLUSTER EXP

Reuters - Il y a 1 mois

German coal power phase-out likely before 2038 due to economics, says climate envoy

German coal power phase-out likely before 2038 due to economics, says climate envoy By Susanna Twidale LONDON, June 24 (Reuters) - Germany is likely to phase out its coal-fired power stations before the legally mandated date of 2038 due to worsening economics for coal plants, the country's climate envoy said on Monday. Germany reached a 2.6 billion euro ($2.8 billion) deal with energy firm RWE RWEG.DE in the western state of North Rhine-Westphalia in 2022 for the company to close its coal plants

Reuters - Il y a 1 mois

TotalEnergies, EnBW win in $3.2 billion offshore wind site auction

UPDATE 3-TotalEnergies, EnBW win in $3.2 billion offshore wind site auction TotalEnergies wins for 1.96 bln eur, EnBW for 1.07 bln Average strike price down a third from 2023's auction RWE leaves consortium with TotalEnergies as bid not economical Adds auction detail in paragraph 7, context in paragraph 11, comment in paragraphs 12, 13 By Christoph Steitz FRANKFURT, June 21 (Reuters) - Oil major TotalEnergies TTEF.PA and utility EnBW EBKG.DE won a 2.5 gigawatt (GW) German offshore wind site auct

Reuters - Il y a 1 mois

Gazprom fights 17 bln euros of legal claims from European companies

FACTBOX-Gazprom fights 17 bln euros of legal claims from European companies MOSCOW, June 19 (Reuters) - Russian energy giant Gazprom GAZP.MM is fighting numerous legal cases, with combined claims of at least 17 billion euros ($18.44 billion) from European companies, according to Reuters calculations. Gazprom has launched counter proceedings at Russia's St Petersburg and Leningrad Region Arbitration Court, threatening the European counterparties with fines if they continue litigation outside Russ

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