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Norway is relying on floating nuclear power plants to supply remote regions and offshore projects with climate-neutral electricity. The country is using its maritime experience in shipbuilding to deploy modular reactors on barges. (neimagazine: 14.08.25). Floating nuclear power plants as a supplement to hydropower Norway covers almost all of its electricity needs with hydropower. The […]

Weak winds, declining trading business, and unfavorable weather conditions weighed on RWE’s results in the first half of the year. Despite higher electricity production, the Essen-based energy group is still aiming for an annual profit of up to €5.15 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell significantly—from €2.9 billion in the

China’s largest solar companies lost nearly a third of their workforce last year. Company reports show that Longi Green Energy, Trina Solar, Jinko Solar, JA Solar, and Tongwei together cut around 87,000 jobs. That corresponds to an average of 31 percent of their employees. The industry, which Beijing once specifically promoted as a growth engine,

The official unemployment figures in Germany paint a distorted picture. Many unemployed people do not appear in the statistics. Although the Federal Employment Agency collects extensive data, a large proportion of the unemployed are not officially classified as unemployed. This means that the true number of unemployed is significantly higher than the published rate suggests

In the first half of the year, Scottish wind farms had to curtail almost 40 percent of their potential electricity generation due to overproduction. This curtailment occurred because the electricity could neither be used locally nor transported to other regions. Nevertheless, the operators received high compensation payments. According to calculations by energy analysis firm Montel,

It took a long time, but the traffic light coalition finally reached an agreement late Tuesday afternoon. The agreement concerns fundamental changes to the draft law on the Building Energy Act (GEG). Homeowners can breathe a sigh of relief as the rules are less stringent than originally planned. It will no longer be necessary for

According to a report in the newspaper “Bild”, the Federal Network Agency in Germany is working to ensure energy stability by importing nuclear power from France. The Federal Ministry of Economics (BMWK) has confirmed a corresponding needs analysis by the network agency. The analysis assumes that Germany will phase out the use of nuclear energy

Hubert Aiwanger of the Free Voters outperformed the Prime Minister of the CSU at a demonstration in Erding against the policies of the Greens. The event attracted a lot of attention and could create a new dynamic. In Bavaria, almost everything has revolved around Erding since Saturday, where around 13,000 people have come together. Her

The(IEA) and Turkish economist, Fatih Birol, expressed his opinion on Germany’s nuclear phase-out and increased coal import policy in an interview mait BILD. The IEA advises various countries, including EU member states and the USA, on important energy issues. BILD wanted to know from Birol whether the European electricity system had enough capacity to support

According to energy experts, electricity prices could rise sharply in the near future, possibly to 60 to 80 cents per kilowatt hour. The reason for this is the increasing electricity gap, which will become bigger and bigger in the next few years. Although electricity prices have fallen significantly recently, they rose at times to 55

During the East German Economic Forum in Bad Saarow, the German Minister of Economics, Robert Habeck, made it clear that Germany might be forced to take drastic measures if an extension of the gas transit contracts between Russia and Ukraine is not possible. In particular, Habeck stated that Germany would have to reduce or even

In order to accelerate the expansion of district heating networks, Federal Economics Minister Robert Habeck (Greens) has agreed with business associations, municipal representatives and environmental and consumer advocates on looser climate protection targets for the corresponding systems. The target of producing at least half of the district heating of each individual network with renewable energies

The Spree is threatened by an increased water shortage after the lignite phase-out in Lusatia – with consequences for Berlin’s drinking water supply. This is the conclusion of a study published on Monday by the Federal Environment Agency (UBA). According to the study, with the end of lignite mining, operators are pumping significantly less groundwater

The largest wind farm in the Free State is to be built in the Bavarian state forest near Altötting. 40 wind turbines with a height of 200 metres are planned. This is causing protests among local residents, who see it as “ordinance politics”. Even the Greens consider the project a “rip-off” (Welt: 11.06.23). Pilgrimage routes

Heat pumps are considered the heating of the future and both the German government and the EU Commission are working to convert heating systems accordingly. In Germany, the number of installed heat pumps is expected to increase to six million by 2030, a fivefold increase. However, the rising demand for electricity poses a challenge. According