Latest news
Volkswagen to invest $193 bln over 5 years to hit EV target
Volkswagen plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations, it said on Tuesday, with spending on combustion engines to fall from 2025.
read more... 14/03/2023
.jpg)
Finland to install over 3GW of wind capacity in 2023-24
Finland is expected to install 3.25GW of new wind capacity in 2023-24, with French developer Neoen providing the largest share of new capacity this year and Finnish firm OX2 leading the way in 2024, data compiled by Argus show.
read more... 14/03/2023
Daily (13.03.2023): Forward electricity prices increased sharply on Friday amid escalated concerns over the nuclear availability in France
Oil prices rose on Friday on the back of a better-than-expected U.S. employment indicator that suggested less severe than expected monetary tightening. As a result, Brent crude ended 1.5% higher at $82.78 a barrel.
read more... 13/03/2023
.jpg){kind=spacer}
EDF extends operating life of two UK nuclear plants by two years
EDF Energy will extend the operating life of its Hartlepool and Heysham 1 nuclear plants in Britain by two years to March 2026, it said on Thursday, boosting the country's energy security amid turbulent gas and power markets.
read more... 13/03/2023
EU strikes deal to curb energy use by 2030
The European Union struck a deal on Friday to cut final energy consumption across the bloc by 11.7% by 2030, a goal lawmakers said would help fight climate change and curb Europe's use of Russian fossil fuels.
read more... 13/03/2023