Latest news
Daily (08.06.2023): European carbon prices soared on Wednesday, impacted by a record build in speculative short positions
Oil prices moved higher on Wednesday as Saudi Arabia's surprise production cuts outweighed weak Chinese export data and rising US fuel inventories. Brent crude gained 0.9%, or $0.66, to settle at $76.95 a barrel. Meanwhile, WTI crude traded up by 1.1%, or $0.79, closing at $72.53 a barrel.
read more... 08/06/2023
Spain On Track To Generate 50% Of Its Power From Renewables In 2023
Spain is on track to generate more than half of its power from renewable sources this year, the first of the top five European countries by power demand to accomplish this feat, according to Rystad Energy forecasts. Spain will reach this significant decarbonization milestone this year, with renewable-sourced generation surpassing the 50% average in 2023, beating France, Germany, Italy and the UK to this record.
read more... 08/06/2023
Japan to invest $107 bln in hydrogen supply over 15 years
Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to use the gas to shift to a low carbon economy.
read more... 07/06/2023
Germany launches $53 bln scheme to help stricken industry decarbonise
Germany is launching a programme that will make available tens of billions of euros for firms facing substantial energy costs, in a bid to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.
read more... 06/06/2023
Energy sufficiency, a French political concept still misunderstood in Europe
France has made energy sufficiency – the deliberate reduction of energy consumption – one of the three pillars of its decarbonisation strategy, alongside nuclear and renewables. However, Brussels and other European capitals have yet to fully embrace the approach.
read more... 05/06/2023