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French far-right would scrap CRE energy regulator

France’s National Rally party would abolish the country’s CRE energy regulator if it wins upcoming elections, the party’s energy spokesman Jean-Philippe Tanguy told Montel on Thursday, confirming local media reports.

read more... 28/06/2024

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Iberdrola advances €1bn offshore wind project

Iberdrola has made progress on its €1 billion (£850m) Windanker offshore wind project in Germany, moving into the delivery phase after finalizing supply chain contracts.

read more... 28/06/2024

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UK power sector cuts fossil fuel use to new lows

Power producers in the United Kingdom cut the use of fossil fuels in electricity generation by 16% over the first five months of 2024 from the same period in 2023, data from think tank Ember shows.

read more... 28/06/2024

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Daily (27.06.2024): Gas prices dropped on Wednesday, weighed by ample supply

Oil prices edged slightly higher on Wednesday as investors continued to assess the market's bleak fundamentals against a backdrop of escalating geopolitical tensions. As a result, Brent crude rose by 0.3%, settling at $85.25 a barrel. At the same time, WTI crude edged 0.2% up at around $81 a barrel.

read more... 27/06/2024

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EU drafts plan to avoid disputes over green energy mega-projects

The European Union will set out how its member countries should jointly develop major renewable energy projects, in a bid to avoid projects being delayed by disputes over splitting the bill, a document seen by Reuters showed.

read more... 27/06/2024

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