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Austria boasts Europe’s second-greenest power sector in 2023
Austria generated 87% of its power from renewable sources in 2023 following record years of solar panel expansion, putting it behind Luxembourg in the EU rankings.
read more... 08/01/2024
EIB offers $242m for Polish power network upgrade
The European Investment Bank (EIB) has agreed to provide $242m (€219m) to modernise Poland’s electricity distribution network Enea.
read more... 02/01/2024
Daily (27.12.2023): European spot electricity prices rocketed amid weaker wind generation
Crude oil prices surged more than 2% on Tuesday, hitting their monthly peak. The increase was due to fears of shipping disruptions following further Red Sea ship attacks and hopes of interest rate cuts boosting economic growth and fuel demand. Hence, Brent crude traded at $81.07 a barrel, while WTI crude traded at $75.57 a barrel.
read more... 27/12/2023
Daily (26.12.2023): European energy prices moved sideways amid Christmas break
Crude oil prices were rather flat on Monday but posted their biggest weekly gain since October as tensions persisted in the Middle East. Hence, Brent crude traded at $79.07 a barrel, while WTI crude traded at $73.56 a barrel.
read more... 26/12/2023
EU, UK extend trade rules to avoid tariffs on electric vehicles
The European Union and Britain on Thursday agreed to give electric vehicle (EV) makers until the end of 2026 to comply with local content rules, delaying the imposition of tariffs on EVs traded with the UK.
read more... 22/12/2023