EU backs cleantech innovators with €1.8bn investment

A total of 17 projects will share the funding to bring ‘breakthrough technologies’ to the market in energy-intensive industries

EU greenlights €5bn German scheme to support energy and trade intensive firms

Under the measure, the aid will take the form of direct grants for additional costs due to severe increases in natural gas and electricity prices

French scheme to support energy intensive firms granted EU approval

France notified the Commission under the Temporary Crisis Framework of the measure, under which direct grants will be provided for additional costs due to the increases in natural gas and electricity prices

Soaring energy prices ‘curb manufacturers’ ability to remain competitive’

Almost 75% of UK manufacturers claim that the rising energy costs are impacting their competitiveness, according to a survey

Which businesses are the worst hit by soaring energy prices?

Aviation and shipping sectors will be the first to experience the effects of the energy crisis, new analysis shows

US Government to invest $38m in decarbonising national laboratories

Each of the Department of Energy’s national laboratories houses heavy industrial facilities, energy-intensive data centres, reactors and other unique infrastructure that demands large amounts of continuous power

Energy-intensive businesses offered government help for soaring electricity bills

The ‘Energy Intensive Industries Compensation Scheme’ will be extended by three years and its support will increase

Norway and Region of Flanders partner to accelerate energy transition

Both Flanders and Norway have ‘high ambitions’ for offshore wind energy and also believe a sustained focus on energy savings and an accelerated rollout of renewable energy is necessary

Green light for Spain’s €2.9bn scheme to compensate companies for indirect emission costs

It will cover part of energy-intensive firms’ higher electricity prices arising from the impact of carbon prices on power generation costs between 2021 and 2030

EU approves €1.4bn Czech scheme to compensate firms for indirect emission costs

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs incurred between 2021 and 2030