Énergie - Hydraulique

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    Bulgaria considers introducing Contracts for Difference

    Currently, Bulgaria is among a small number of EU member states that lacks the concept of contracts for difference (CfD). So far, the country had a feed in tariff as a mechanism to subsidise renewable energy producers who meet legislative requirements. Given that feed in tariffs are an outdated tool, contracts for guarantees were introduced.  Having in mind, the current realities of the renewable energy market, including anticipated offshore renewable energy projects, Bulgarian lawmakers came to the conclusion that the country needs CfDs to:Secure the viability of a project;Monitor the...
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    Register of Damage for Ukraine is open for claims submission

    On 2 April 2024, the Register of Damage for Ukraine opened the claims submission process for compensation for damage, loss or injury caused by Russian aggression against Ukraine. The launch took place as part of the Ministerial Conference "Restoring Justice for Ukraine" co-hosted by the Netherlands, Ukraine and the European Commission at the World Forum in The Hague.As a reminder, the official website of the Register of Damage for Ukraine was launched on 4 March 2024. The website contains the following:documents governing the work of the Register;answers to frequently asked questions on the Register’s...
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    After EU Commission's first decision on Carbon Contracts for Difference, Germany initiates bidding of EUR 4bn

    The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Following the Commission's decision, on 12 March 2024 the German Federal Ministry for Economic Affairs and Climate Protection (BMWK) initiated the first bidding process with a total volume of EUR 4bn. With this funding scheme, Germany is taking a pioneering role in Europe and internationally in the field of state aid for climate protection. Concept of contracts for differenceA contract for difference entitles...
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    United Kingdom

    Watt’s in store for Long Duration Electricity Storage in the UK?

    Introduction On 9 January 2024, the Department for Energy Security and Net Zero (“DESNZ”) launched a consultation seeking views on their proposal to introduce a cap and floor scheme for long duration electricity storage (LDES) and how to deliver it. The consultation follows on from commitments made by the UK Government in the Powering Up Britain: Energy Security Plan to put in place an appropriate policy framework by 2024 to enable investment in LDES projects, with the goal of deploying sufficient storage capacity to balance the overall system. Why is the consultation happening?DESNZ...
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    National Hydrogen Strategy 2023

    German government agrees to update the National Hydrogen Strategy.After lengthy discussions, the German government presented the National Hydrogen Strategy (NHS) in June 2020, giving hydrogen a key role in transforming energy policy. The update adopted in July 2023 aligns the 2020 concept with current developments and builds on it.Use of hydrogen where it makes senseThe update focused on the realisation that, to help promote decarbonisation, hydrogen needs to be developed primarily in areas where electrification would be impossible without disproportionate effort. In principle, using electricity...
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    Race for Leadership: Energy Efficiency and Renewables Fund Seeks New Manager

    The Bulgarian Energy Efficiency and Renewable Sources Fund (EERSF) is currently in search of a new manager for a 5-year term, in compliance with local laws. Only legal entities or associations thereof are eligible to participate.EERSF administers the financial resources received by the Republic of Bulgaria in accordance with the current legislative framework and agreements with major donors.EERSF is structured as a self-sustaining commercial entity that focuses on facilitating investments in energy efficiency and promoting the development of a functioning energy efficiency market in Bulgaria. The...
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