In brief | 6 December '24

S&P Global: Spain's Grenergy sees Germany, US as prime markets for battery storage expansion

"Fantastic opportunity in Germany for stand-alone [battery] projects," chairman says.

AFP: Europe's oldest nuclear power plant to shut in 2033: Swiss operator

Beznau plant, one of the oldest in the world, will keep running until 2033.

Reuters: Denmark disappointed after offshore wind tender draws no bids

Latest offshore wind farm tender in North Sea failed to attract any bids, in a further setback for the industry.

CESifo: The economics of carbon dioxide removal: A governance perspective

Carbon removal creates new sectoral, intertemporal & international flexibilities in climate change mitigation and can reduce the problem of international cooperation.

Montel: Escalating war poses European energy price spike risk – study

Threat of power price spikes this winter particularly in eastern Europe, the Eurasia Group consultancy says

Bruegel: Decarbonising for competitiveness: four ways to reduce European energy prices

Energy prices are higher in the European Union than in most other industrialised economies, presenting a fundamental competitiveness challenge

Bloomberg: Natural Disasters Expected to Cost Insurers $135 Billion in 2024

It’s the fifth consecutive year that these losses exceeded $100 billion, says Swiss Re.

World Economic Forum: Why we must build out energy infrastructure now to drive the energy transition

To enable the energy transition, regulators and developers must proactively plan and invest in infrastructure before demand materializes.