Octopus Energy – one of the most most innovative young companies in the sector – expanded to Germany and is making waves in Europe’s largest economy. Octopus Energy Germany CEO Andrew Mack tells us about the challenges and rewards of coming to this very lucrative but very specific market. Watch our video!
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On November 3, the federal German government reached an accord with the country’s six northernmost regional states and grid operators to dramatically increase the country’s wind energy output. The deal mandates at least 30 gigawatts of offshore wind-generated electricity by 2030.
British energy company Octopus Energy Group has big plans for the German wind energy market.
Leag, which previously specialized in coal, says it will convert 33,000 hectares of strip-mine land in the eastern region of Lusatia into a gigantic site for wind parks and solar farms.
Germany’s Ministry for Economic Affairs and Climate Action has concluded a memorandum of understanding (MoU) with energy giants Uniper, RWE and EnBW/VNG on the liquid natural gas (LNG) terminals.
Germany’s Siemens and Spain’s Dragados have won a nine-figure tender to build converter stations DolWin4 and BorWin4 estbalishing offshore grid connections on the German coast. The tender was launched last year by the transmission system operator Amprion.
One major question about Germany’s commitment to a carbon-neutral future is obvious: is it even possible? A study by insurance giant Allianz says the answer is “yes,” a conclusion supported by renewable energy figures for the first half of 2022.
The German government will spend up to EUR 5 billion to help commercial enterprises deal in the short term with the rapid rise in expenditures for energy. The program is targeted at companies in energy-intensive sectors and makes use of the Temporary Crisis Framework (TCF) of the European Commission.
When it took office late last year, the new German government promised to introduce wide-ranging legislation by Easter to accelerate the transition to clean energy. The so-called “Easter Package” delivers on that pledge.
Germany’s Ministry for Economic Affairs and Climate Action and the Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection have agreed on a set of national standards for the construction of onshore wind turbines.
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