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BP commits to Germany with $11 billion low-carbon investment push
BP plans to invest up to 10 billion euros ($10.7 billion) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
read more... 13/09/2023
EC to hold pilot hydrogen auction in Nov to boost renewables
The European Commission will hold a pilot auction to subsidise renewable hydrogen production on 23 November with the aim of scaling up clean energy deployment and reducing dependence on Russian fossil fuels, it said on Wednesday.
read more... 31/08/2023
Nuclear alone not enough for carbon neutrality
If France is to achieve carbon neutrality by 2050, it must integrate renewables into its energy mix, according to the head of the country’s energy regulator, RTE, who believes nuclear power alone will not be enough.
read more... 28/08/2023
Daily (15.08.2023): European carbon prices reached a two-week high on Monday amid forecasts of a heatwave and dropping renewables generation
Oil prices saw a decline on Monday due to economic concerns surrounding China, the biggest consumer of crude oil. The focus shifted to China's struggles in achieving post-pandemic economic recovery, outweighing the impact of the tightening global oil supply. As a result, Brent crude fell by 0.7% to $86.21 a barrel, while WTI crude dropped by 0.8% to settle at $82.51 a barrel.
read more... 15/08/2023
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Italy seeks feedback on 62-GW renewables tender programme
The Italian government has opened a consultation on a new decree that seeks to introduce a new subsidy scheme for renewables and back 62 GW of projects via competitive tenders in 2024-2028.
read more... 10/08/2023