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German parliament approves windfall tax
Germany's Bundestag has approved the introduction of a windfall levy on excessive earnings from renewable energy generation as part of a package of measures meant to cap gas and electricity prices through April 2024.
read more... 20/12/2022
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Octopus Energy signs 2.4TWh PPA with Shell Energy Europe in UK
The UK-based Octopus Energy Group has signed a power purchase agreement (PPA) with Shell Energy Europe to procure 2.4TWh of wind energy a year from the Dogger Bank offshore wind farm.
read more... 19/12/2022
Daily (19.12.2022): Energy complex fell on Friday as cold snap is set to end
Crude oil prices continued to lose ground on Friday, dragged down by worries about an impending recession after central banks in Europe and North America made it clear they would continue to battle inflation aggressively. Brent crude futures fell by $2.17, or 2.7% to settle at $79.04 a barrel. U.S. WTI crude slipped by $1.82, or 2.4%, to end at $74.29 a barrel.
read more... 19/12/2022
EU strikes deal to boost carbon market, Europe's biggest climate policy
European Union negotiators reached a political deal on Sunday to overhaul the bloc's carbon market, cutting planet-heating emissions faster and imposing new CO2 costs on fuels used in road transport and buildings from 2027.
read more... 19/12/2022
German pipeline firms say they will 'make hydrogen happen' in 2025
Germany's Gascade, Ontras and terranets have agreed to convert high-pressure gas pipelines to transport low-carbon hydrogen from the Baltic Sea all the way the south of the country by 2025, the companies said on Thursday.
read more... 19/12/2022