Nordic grant deadlines, COP31 fossil-fuel roadmap and Europe's summer power squeeze
Nordic funding deadlines fall in November and December, including Danish business and heat-pump grants closing 30 November and several Swedish Energimyndigheten calls. Brazil's voluntary fossil-fuel roadmap arrives ahead of COP31, the ECB links this summer's heat to higher European power prices, and a new study finds warming after emissions stop stays near zero only up to 2 °C.
Danish business and heat-pump grant pools close on 30 November after top-up
Energistyrelsen added DKK 65 million to the Erhvervspuljen, which supports firms moving away from fossil fuels. It said applications exceeded the available funds. The pool takes rolling applications but closes by 30 November 2026 at the latest. The household heat-pump pool, with a fixed DKK 27,000 grant, also stays open until 30 November or until the money runs out.
Brazil's voluntary fossil-fuel roadmap lands a week before COP31
Carbon Brief reports that Brazil's first-of-its-kind roadmap calls the transition away from fossil fuels "urgent, inevitable and, yet, possible". The roadmap is voluntary, and countries are not obliged to respond to it. The COP31 co-presidents, Türkiye and Australia, are separately pushing a target to lift electricity's share of global final energy use from almost 24% in 2023 to 35% by 2035.
ECB: this summer's heat pushed up European power prices, and evenings were tightest
An ECB blog post says heatwaves and drought added to price pressures. Air-conditioning demand rose, low water cut hydropower, and limited cooling water constrained nuclear output, which together lifted wholesale electricity prices. Solar was the only major source to perform better than usual, but supply was tightest and prices highest in the evenings. The ECB also notes that nearly three quarters of euro area businesses depend heavily on at least one service provided by nature.
Nature Climate Change: warming after emissions stop stays near zero up to 2 °C, but not above
A UKESM1.2 simulation study published on 3 November finds that the zero emissions commitment stays near zero up to 2 K of warming. At higher warming levels it becomes positive, reaching 0.4–0.6 K after about 150 years. The result is a single-model finding relevant to how carbon budgets are assessed.
Energimyndigheten has open Swedish calls with November and December deadlines
Swedish firms can register interest by 15 November in the India-Sweden Innovations' Accelerator, which targets the Indian market with a programme start in spring 2027. A capital-raising accelerator for growth companies planning rounds above SEK 30 million closes on 9 December. A separate call to fund port charging infrastructure for ships closes on 10 November. These calls mostly suit established SMEs rather than sole traders.