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British energy regulator seeks to speed up grid connections

British energy regulator Ofgem said on Wednesday it was launching a policy review to speed up connecting low-carbon energy schemes to the electricity transmission grid.

read more... 18/05/2023

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Daily (17.05.2023): European carbon prices rose by 2% on Tuesday as the market anticipated a shortage of supply for the remainder of the week

Oil prices edged lower on Tuesday as a slow recovery in China, a stronger dollar and uncertainty about the global economy weighed on prices. Thus, Brent crude traded 0.4% lower to settle at $74.91 a barrel. WTI crude settled at $70.86 a barrel.

read more... 17/05/2023

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EU matches 10.9bcm in first round of joint gas sales

The EU’s new joint gas buying platform has matched 10.9bcm of sales offers with potential buyers in its first tendering round, European Commission vice-president Maros Sefcovic said on Tuesday.

read more... 17/05/2023

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EU nuclear club’s projects could reach 150 GW by 2050

Nuclear power could reach up to 150 GW of capacity by 2050, against 100 GW currently, France’s energy minister wrote in a statement on Tuesday following a meeting of the new European nuclear alliance.

read more... 17/05/2023

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France budgets 500 mln euros annually for green industry tax credit

The French government plans to budget half a billion euros annually for a new tax credit for environmentally-friendly investments as part of a bill presented on Tuesday to green the industrial sector, Finance Minister Bruno Le Maire said.

read more... 17/05/2023

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