State aid: Commission approves €246 million Dutch scheme to support renewable hydrogen production

The European Commission has approved, under EU State aid rules, a €246 million Dutch scheme to support the production of renewable hydrogen. The measure aims to contribute to the development of renewable hydrogen in line with the objectives of the EU Hydrogen Strategy and the European Green Deal. The scheme will also contribute to the objectives of the REPowerEU Read more about State aid: Commission approves €246 million Dutch scheme to support renewable hydrogen production[…]

European Green Deal: €4.11 billion from the Modernisation Fund to accelerate the clean energy transition in 8 Member States

In its second year of operation, the Modernisation Fund has disbursed a total of €4.11 billion in support of 61 projects in eight beneficiary countries. These projects will help modernise energy systems, reduce greenhouse gas emissions in energy, industry, transport and agriculture, and improve energy efficiency. Supporting these investments will help those Member States to meet Read more about European Green Deal: €4.11 billion from the Modernisation Fund to accelerate the clean energy transition in 8 Member States[…]

Innovation Fund: EU invests €1.8 billion in clean tech projects

The EU is investing over €1.8 billion in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Grants will be disbursed from the Innovation Fund to help bring breakthrough technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components Read more about Innovation Fund: EU invests €1.8 billion in clean tech projects[…]

EU’s energy taxation policies don’t square with its climate goals

Energy taxation can support efforts to combat climate change, but current tax levels do not reflect the extent to which different energy sources pollute. A review published today by the European Court of Auditors outlines how energy taxes, carbon pricing and energy subsidies contribute to achieving the EU’s climate objectives. Even though renewable-energy subsidies almost Read more about EU’s energy taxation policies don’t square with its climate goals[…]