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Germany to extend energy price caps until end of March 2024
Germany plans to extend the electricity and gas price caps it introduced last year until March 2024 and the European Commission is examining the measure, a source told Reuters on Friday.
read more... 09/10/2023
Global electricity sector nearing ‘peak emissions’
Anew report suggests that we may soon reach the peak of global emissions from the electricity sector. Research into 78 countries by think tank Ember has shown that in the first half of 2023, CO₂ emissions from the global power industry grew by a mere 0.2%, with wind and solar capacity hitting record levels.
read more... 09/10/2023
Daily (06.10.2023): Oil prices fell below $85 a barrel on Thursday amid demand worries
Oil prices posted a 2% daily loss on Thursday, weighed down by fears of weakening demand as a result of tight monetary policies. Consequently, Brent crude settled at $84.07 a barrel, while WTI crude closed at $82.31 a barrel.
read more... 06/10/2023
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Norway plans resource tax on onshore wind farms
Norway will introduce a resource rent tax on onshore wind power from 2024, although existing facilities will get "generous transitional arrangements", the government said on Friday.
read more... 06/10/2023
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EU countries seek to break impasse on electricity market reform
EU countries are looking to break the impasse on plans to reform Europe’s electricity market following an almost four-month deadlock, with the aim to approve their negotiating position on 17 October.
read more... 06/10/2023