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United Kingdom

Vera Eckert

German gas industry targets 5 GW of power-to-gas capacity in five years

26 Nov 2019

COLOGNE, Germany Germany's gas industry aims to build power-to-gas capacity of five gigawatts (GW) over the next five years, and 40 GW by 2050, as it seeks to develop zero-carbon fuels for homes, factories and vehicles, industry group DVGW said on Tuesday.

EEX Group buys commodities business of Nasdaq Futures

12 Nov 2019

FRANKFURT Energy exchange EEX Group said on Tuesday it had agreed with U.S.-based Nasdaq Futures (NFX) to buy NFX's futures and options exchange business as it continued to expand its presence in U.S. energy markets and in sea-borne commodities.

UPDATE 1-EEX Group buys commodities business of Nasdaq Futures

12 Nov 2019

* EEX continues growth across geographies, freight markets (Adds detail from statement, context)

German path to carbon neutrality achievable and affordable: research

31 Oct 2019

BERLIN Germany can reach its target of becoming largely carbon-free by 2050 if it keeps expanding renewable power and introduces a hydrogen economy, one of the country's biggest research centers said on Thursday.

German energy use seen down 2.3% to more than 40-year low

29 Oct 2019

FRANKFURT German energy usage should fall 2.3% in 2019 to a more than 40-year low, due to efficiency measures, a slowing economy and a structural change toward service industries, data from industry group AGEB showed on Tuesday.

German consumers face higher green power levy in 2020

14 Oct 2019

FRANKFURT A fee levied on German consumers to support renewable power is likely to rise by 1.5-4.6% in 2020, industry sources said on Monday, a day before power network operators are due to publish details of the surcharge.

EIB to discuss end to fossil fuel lending at Oct. 15 meeting

10 Oct 2019

BRUSSELS The EIB will discuss its energy sector lending policy at an board meeting on Oct. 15, the bank said in an agenda on its website, possibly deciding to reduce its emission standards and bar fossil fuel projects from receiving EIB funds.

EIB to discuss end to fossil fuel lending at Oct. 15 meeting

10 Oct 2019

BRUSSELS, Oct 10 The EIB will discuss its energy sector lending policy at an board meeting on Oct. 15, the bank said in an agenda on its website, possibly deciding to reduce its emission standards and bar fossil fuel projects from receiving EIB funds.

Germany should aim to be a leader in hydrogen technology: minister

09 Oct 2019

FRANKFURT Germany should aim to be a leader in technologies needed to make and utilize hydrogen, which offers a green alternative to fossil fuels in the shift toward a low carbon economy, the economy minister said on Wednesday.

Acciona increases bet on wind turbines with Nordex bid

08 Oct 2019

FRANKFURT/MADRID Spanish renewable energy producer Acciona has increased its bet on the wind turbine industry, launching a bid for Nordex that values the German turbine maker at more than 1 billion euros ($1.2 billion).

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