In brief | 13 May '25
Bloomberg: Southern Spain outages preceded nationwide blackout, report says
About 2.2 gigawatts of capacity went offline in the south of Spain less than a minute before the complete collapse of the Iberian Peninsula’s electricity systems, Entso-E, an umbrella organisation for Europe’s transmission system operators, said in a preliminary report.
Bloomberg: LSE Group report finds 1 trillion-dollar industry in climate adaptation
Companies responding to the physical risks associated with climate change are seeing a measurable financial benefit, according to a report by London Stock Exchange Group.
E3G et al: Outdated grid planning and weak governance stalling Europe’s transition away from fossil fuels
A report by Beyond Fossil Fuels, E3G, Ember and the Institute for Energy Economics and Financial Analysis reveals that Europe’s electricity grid is failing to keep pace with the renewable power transformation despite pockets of good progress.
Reuters: French nuclear waste project to cost up to 37.5 billion euros, says agency
France's new nuclear waste storage project is expected to cost between 26 billion euros and 37.5 billion euros, the national nuclear waste agency said, up from an earlier estimate of around 25 billion euros.
Politico: Austria walks back support for EU’s 2040 climate target
Shift adds to pressure on Brussels to soften the 90 percent goal.
The Transmission System Operators (TSOs) of eight countries bordering the Baltic Sea have jointly published an expert-paper on increased cross-border cooperation in the field of offshore wind energy and the associated electricity transmission grid infrastructure.
