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Ireland identifies four coastal areas for offshore wind projects

The Irish Ministry for the Environment, Climate and Communications has unveiled the draft South Coast Designated Maritime Area Plan (DMAP), marking a step towards harnessing offshore renewable energy.

read more... 08/05/2024

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Daily (07.05.2024): Carbon prices rose by 2% on Monday amid weaker auctions supply

Oil prices saw a modest increase after a series of geopolitical developments. Hamas accepted a ceasefire proposal mediated by Qatar and Egypt, but Israel rejected it, citing unmet core demands. Concurrently, Saudi Arabia announced an increase in its official selling prices for June, affecting most regions. As a result, Brent crude rose by 0.5% to $83.33 a barrel, and WTI crude also increased by 0.5% to $78.48 a barrel.

read more... 07/05/2024

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UK tribunal gives go ahead for lawsuit against Europe power cable-makers

ALondon tribunal has given the green light for a £790m lawsuit against European power cable suppliers to proceed to trial, with allegations of a cartel inflating UK electricity costs, Reuters has reported.

read more... 07/05/2024

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Italy bans ground-mounted solar panels on agricultural land

The Italian government has approved a ban on the installation of new ground-mounted solar panels on productive farmland following a proposal by the agricultural ministry, it said late on Monday.

read more... 07/05/2024

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France aims for 45 GW by 2050 with 50% European production

On a visit to Saint-Nazaire on Thursday (May 2), Economy Minister Bruno Le Maire outlined the government’s strategy for deploying 45 GW of offshore wind power by 2050, with half of this capacity made in Europe.

read more... 06/05/2024

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