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Energy subsidies

Market Analysis
China Installed 48.2 GW of Solar in 2020
With the nation almost doubling its new generation capacity figure for the year last month, the National Energy Administration is reportedly considering a joint…
Energy Subsidies
Serbia Issues Guidelines for Draft Law on Renewable Energy
The first law on renewable energy sources in Serbia will regulate premiums for new renewable energy capacities, the introduction of auctions, subsidies for smal…
Energy Subsidies
Serbia to Spend EUR 1 million on Subsidies for Electric, Hybrid Vehicles
In order to reduce air pollution, purchases of electric and hybrid vehicles will be subsidized with EUR 1 million in 2021.
Electric Car
China Cuts Subsidies on NEVs for Healthier Development
China will cut subsidies on new energy vehicles starting Friday to promote the healthy development of the industry, said a circular posted on the official websi…
Energy Subsidies
US Congress Passes Five-Year Offshore Wind Tax Credit
The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit for offshore wind facilities at 30% through…
Natural Gas
Argentina Draws 16 Bids for Subsidized Gas Supply
Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power genera…
Net Zero Emission
Biden Plan to End U.S. Fossil Fuel Subsidies Faces Big Challenges
Doing so could be hard, even though Biden spent 36 years in the Senate where he is known as a dealmaker.
China
China Unveils Boost for 2021 Renewable Subsidies, Solar Wins Biggest Share
China’s Ministry of Finance has revealed subsidies for renewable energy in the country will increase by nearly 5% next year.
Energy Subsidies
UK Urged to Redirect Biomass Subsidies to Wind and Solar
BEIS receives open letter signed by 75 organisations that include public health bodies.
EV Market
Greece Introduces Subsidies for Electric Vehicles of EUR 100 Million
The Greek government has secured EUR 100 million for subsidies for the purchase of electric vehicles.
Market Analysis
As Energy Prices Tumble, Developing Countries Trim Subsidies
The coronavirus pandemic has sent economies into recession and reduced government revenue, so some countries are taking a politically perilous path: removing re…
Electric Car
Fuel cell EVs Expected to Be The Cheapest Commercial Vehicles within 10 Years
At the CES 2020 trade show, Ballard Power Systems and Deloitte China announced the release of a joint White Paper that projects fuel cell EVs to be less expensi…
Petition Launched to Reinstate UK Tidal Subsidies Ahead of Election
Ahead of the upcoming General Election UK Tidal Energy has launched a petition to reinstate tidal energy subsidies from government and is targeting 100,000 sign…
Solar Power Panel
Energy Industry Small Energy Companies Risk Going Bust in Financial Shock
Thousands of homes could lose their energy supplier in the coming months as a result of a financial shock looming over the industry’s smaller companies.

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