Wind turbine issues will cost Siemens Energy 2.2 billion euros Siemens Energy said problems recently discovered at its wind turbine Siemens Gamesa division would cost it 2.2 billion euros. Due to the new set of problems at Siemens Gamesa, the division’s market value has dropped by around a third (more than 6 billion euros). The expenses will increase Siemens…
EU strikes deal to cut energy consumption by 2030 After all-night talks between negotiators from EU countries and the…
45% renewables target of the European Commission is ambitious but feasible EU countries, the European Commission and the European Parliament are…
French energy firms agree to offer a tariff for small businesses French Finance Minister Bruno Le Maire met with French energy executives on…
EU natural gas consumption down by 20.1% Based on data transmitted by the national statistical institutes of the…
German energy providers will have to justify future price hikes The influential Bild newspaper recently reported the German government…
European Commission sets targets for filling gas storage in 2023 The European Commission has set out the intermediate gas storage filling…