Latest news
EU’s 2050 net zero goals at risk as EV rollout faces setbacks
The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles (EVs) remain unaffordable and alternative fuel options are not credible, the EU’s external auditor said, jeopardising its 2050 climate goals.
read more... 23/04/2024
Daily (22.04.2024): European carbon prices tumbled by around 4% on Friday, driven by bearish gas prices and a strong sell-off
Oil prices posted a slight increase on Friday ahead of an uncertain weekend following Israel's attack on Iran. Hence, Brent crude stood at $87.29 a barrel, down 0.2% day-on-day, while WTI crude fell by 0.5% to close at $83.14 a barrel.
read more... 22/04/2024
Norway signs contracts for first commercial offshore wind farm
The Norwegian Government has signed a CfD with Ventyr Energi to support the development of the country’s first commercial offshore wind farm.
read more... 22/04/2024
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National Grid launches Viking Link interconnector between UK and Denmark
National Grid, a British electricity and gas utility, has formally launched the 1.4GW Viking Link Interconnector project, a subsea cable connecting UK and Denmark electricity grids.
read more... 22/04/2024
Daily (19.04.2024): Energy complex recovered on Thursday amid persisting geopolitical concerns
Brent crude declined for the fourth straight session on Thursday, influenced by stability in the Middle East and potential actions by the US government to stabilize oil prices. Brent crude closed at $87.11 per barrel, while WTI crude remained unchanged at $82.73 per barrel.
read more... 19/04/2024