Europe has managed to make it through this winter season with record levels of natural gas in storage, setting it up to head into next winter on solid ground.
read more... 03/04/2024
Oil prices diverged on Monday, amid geopolitical unrest in the Middle East and an upturn in manufacturing activity in China. Brent crude remained stable to slightly bearish reaching a price of $87.42. At the same time, WTI Crude increased by roughly 1 % to $83.71.
read more... 02/04/2024
Germany shut down 15 coal-fired power plants over Easter to ensure that the country would meet its climate neutrality targets, with Economy Minister Robert Habeck saying that the plants were “neither necessary nor economical”.
read more... 02/04/2024
National grid operator Redes Energeticas Nacionais (REN) said on Monday that renewable energy plants in Portugal have covered 89% of the country's electricity consumption in the first quarter of 2024.
read more... 02/04/2024
Though the EU has focused much of its industrial decarbonisation drive on the production and use of hydrogen, in a factory west of Milan, Italy, a quiet revolution is underway – the electrification of lower-temperature heat.
read more... 01/04/2024