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Central European countries amp up pressure on EU over German gas tariff
Four central European countries have stepped up pressure on Brussels to act against Germany over a gas tariff they say undermines their energy security, a document seen by Reuters showed.
read more... 30/05/2024
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EU court rules Poland must pay €68m bill in Turow coal mine case
Warsaw will have to pay €68 million in EU fines over the continued operation of the Turow coal mine despite court orders to the contrary, the EU’s lower court ruled, Wednesday (29 May).
read more... 30/05/2024
Daily (29.05.2024): Gas and power prices lost ground on Tuesday amid profit-taking and steady flows
Oil prices extended their gains on Tuesday as investors anticipated an extension of production cuts at the upcoming OPEC+ meeting. Escalating geopolitical tensions further supported prices. Hence, Brent crude settled at $84.22 per barrel, while WTI Crude stood at $79.83 per barrel, with both contracts rising by 1.4% day-on-day.
read more... 29/05/2024
Europe faces new China dilemma amid flagging hydrogen dreams
Europe’s electrolyser manufacturers are ceding ground to Chinese competitors, putting pressure on politicians to shield the emerging industry using the EU’s new industry law.
read more... 29/05/2024
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Nuclear to make up 10% of Italy’s energy mix by 2040
Italy will include nuclear in its national energy and climate plan (NECP), with projections it could comprise about 10% of the country’s total installed capacity by 2040, an energy ministry official said on Tuesday.
read more... 29/05/2024