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Daily (22.05.2023): Germany and France spot power prices fell by about 40% on Friday amid higher renewables
Brent crude slipped by 0.3% to $75.58 a barrel on Friday, pressured by stronger dollar and official EIA data, which showed an increase in US crude stocks. Meanwhile, WTI crude traded 0.4% lower at $71.55 a barrel.
read more... 22/05/2023
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Approval of EU renewables law delayed as France ‘plays hardball’ on nuclear
Formal approval of the EU’s renewable energy directive has been postponed following a last-minute objection by Paris, which wants further “guarantees” on low-carbon hydrogen derived from nuclear power.
read more... 19/05/2023
France to speed up nuclear power deployment
A bill to speed up the construction of new nuclear reactors was approved by the French parliament on Tuesday (16 May), with the government hailing it as an environmental step forward.
read more... 18/05/2023
EU nuclear club’s projects could reach 150 GW by 2050
Nuclear power could reach up to 150 GW of capacity by 2050, against 100 GW currently, France’s energy minister wrote in a statement on Tuesday following a meeting of the new European nuclear alliance.
read more... 17/05/2023
France budgets 500 mln euros annually for green industry tax credit
The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as part of a bill presented on Tuesday to green the industrial sector, Finance Minister Bruno Le Maire said.
read more... 17/05/2023