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EU approves €3.2bn Czech scheme to support high-efficiency CHP plants
The European Commission has approved a €3.2bn Czech state aid scheme to support electricity production from high-efficiency combined heat and power (CHP) plants.
read more... 29/05/2024
Daily (28.05.2024): Oil prices gained over 1% on Monday ahead of the OPEC meeting this week
Oil prices increased by over 1% on Monday, impacted by forecasts of extended production cuts ahead of OPEC+ meeting. Hence, Brent crude stood at $83.10 per barrel, while WTI crude settled at $78.72.
read more... 28/05/2024
RWE makes investment decision for 1.6GW wind farms in German North Sea
German utility company RWE has reached a final investment decision on the Nordseecluster, which include a cluster of four offshore wind projects with a combined capacity of 1.6GW.
read more... 28/05/2024
EU approves law to hit gas imports with methane emissions limit
European Union countries approved a law on Monday to impose methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas.
read more... 28/05/2024
EU clears law to increase domestic green tech production
European Union governments formally cleared on Monday a new law designed to ensure the bloc produces 40% of its solar panels, wind turbines, heat pumps and other clean tech equipment and to help European industry compete with U.S. and Chinese rivals.
read more... 28/05/2024