EU channels €5.2 billion ETS revenues into clean transition, launches new auctions for hydrogen and industrial heat
The European Commission has earmarked **€5.2 billion** of EU Emissions Trading System revenues for **net-zero technologies**, including funding a new “Net-Zero Technologies” call, a **third auction for renewable hydrogen production**, and the **first-ever EU auction for decarbonising industrial process heat**.[1] These measures are designed to accelerate deployment of renewables, green hydrogen, and low‑carbon heat in heavy industry across member states.[1]
Brussels moves to fast‑track eight ‘urgent’ cross-border energy infrastructure projects
The European Commission is preparing measures to **fast‑track eight priority energy infrastructure projects**, focusing on electricity and gas interconnections deemed critical for security of supply and the energy transition.[1] The initiative includes pressure on France to advance Spanish power links, which are seen as essential for integrating more Iberian renewable generation into the wider EU grid.[1]
Germany risks delay in implementing EU Renewable Energy Directive III
Germany may **miss the target start date** for transposing the EU’s Renewable Energy Directive III because of **lack of consensus among federal ministries**, making retroactive implementation increasingly likely.[1] The delay could create short‑term uncertainty for renewable project developers and investors relying on the new EU‑level framework for permitting and support schemes.[1]
Study finds renewables-based power system is Europe’s cheapest option, even with grids and storage
WindEurope reports that a **renewables‑based energy system** remains **by far the lowest‑cost option for Europe**, even after including the costs of grids, storage, and backup capacity.[1] The analysis underpins EU and national policies prioritising large‑scale wind and solar deployment combined with investments in transmission, flexibility, and storage assets.[1]
Geothermal project in Bavaria showcases next‑generation clean heating and power
A new geothermal project in Bavaria aims to **use high‑temperature resources deep underground to provide district heating in winter and electricity in summer** for a German town.[1] The development is highlighted as a model for how modern geothermal technology can decarbonise both heating and power sectors in Europe’s existing communities.[1]
Global power data: solar and wind growth meets all new electricity demand in 2025
Ember’s latest analysis shows that in the **first three quarter