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EU countries split over support for nuclear energy

European Union member states showed their divisions on nuclear energy policy on Monday, with one camp led by France promoting the technology and another, led by Austria and Germany, pushing to prioritise renewable energy sources instead.

read more... 05/03/2024

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‘We can’t close our borders’: Harsh solar industry protectionism off the table

Tariffs on Chinese solar panels look to be off the table as EU countries look towards drafting a declaration of support to their domestic solar industry while turning away from past measures like anti-dumping tariffs.

read more... 05/03/2024

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Europe’s industrial decarbonisation at risk amid sharp drop in CO2 price

The sharp drop in the EU’s CO2 price, caused by high energy prices and political uncertainty, risks the carbon market’s credibility – and may become an obstacle to the bloc’s industrial decarbonisation.

read more... 05/03/2024

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Daily (04.03.2024): WTI crude oil surged to $80 on Friday amid production concerns and resumed active purchasing

On Friday, WTI crude oil experienced a significant increase, hovering around $80 for the first time since November. This surge occurred as the market resumed active purchasing amid production concerns in the US and expected supply tightness. Meanwhile, the Brent crude oil ended rather stable to bearish at $83.55 a barrel as demand concerns weighed.

read more... 04/03/2024

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Belgium to use urgent procedure status for nuclear phase-out law

Belgium's Chamber of Representatives has agreed to give the nuclear phase-out law an urgent procedure status, a spokesperson for Energy Minister Tinne van der Straeten said on Friday, confirming a report from Belga news agency.

read more... 04/03/2024

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