A week of relentless pearl clutching: Failure of Germany’s offshore tender, death of hydrogen cars and signs of real trouble at Gore Street Storage Fund

Energy Transition Today

In this week’s episode of Energy Transition Today, we begin with latest goings on in the UK market with the half-hearted outrage at new delivery estimates for Sizewell C nuclear plant. We then delve into the latest developments from the ongoing row between the management of Gore Street Storage Fund and some of its investors.
On to Germany with Vattenfall’s foray into the country’s onshore wind market and the disastrous but predictable failure of its latest 2.5GW offshore wind tender.
We also touch on US scrapping offshore wind leasing schedule and Trump administration’s plans to rescind $7 billion in solar subsidies previously allocated to low-income households across the country.

We round off the conversation with France’s €11 billion subsidy package for three floating offshore wind farms, Stellantis’ abrupt withdrawal from its hydrogen vehicle programme and the award criteria for European Commission’s latest hydrogen bank auction.

00:00:33 - Sizewall C
00:05:04 - Gore Street
00:10:35 - Vattenfall
00:12:32 - German offshore auction failure
00:17:29 - More US offshore drama
00:21:52 - Trump threatens solar subsidies
00:23:47 - €11bn for French floating wind
00:28:17 - Death of hydrogen cars
00:32:31 - Death of hydrogen cars
00:34:43 - Financing renewables & fashion week

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Chapters

1. A week of relentless pearl clutching: Failure of Germany’s offshore tender, death of hydrogen cars and signs of real trouble at Gore Street Storage Fund (00:00:00)

2. Sizewall C (00:00:33)

3. Gore Street (00:05:04)

4. Vattenfall (00:10:35)

5. German offshore auction failure (00:12:32)

6. More US offshore drama (00:17:29)

7. Trump threatens solar subsidies (00:21:52)

8. €11bn for French floating wind (00:23:47)

9. Death of hydrogen cars (00:28:17)

10. EU shuns Chinese tech (00:32:31)

11. Financing renewables & fashion week (00:34:43)