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Denmark’s €3.4bn scheme to support energy-intensive firms granted EU approval
A €3.4 billion (£2.9bn) scheme to support energy-intensive companies in Denmark in the context of Russia’s war against Ukraine has been granted approval by the European Commission.
read more... 03/11/2022
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French government aims to cut red tape for new nuclear reactors
France has drafted legislation to streamline bureaucracy for administrative permits needed to build new nuclear power plants, as it aims to double down on its nuclear and renewable energy facilities amid a global energy crunch.
read more... 03/11/2022
Daily (02.11.2022): WTI oil price rose following OPEC agreement to cut output by 2 million barrels per day.
Oil prices were volatile on Tuesday, as the market is still processing China's bad economic data. Consequently, Brent crude edged 0.1% lower at $94.65 a barrel. However, WTI oil rose by 2.1% to $88.37 a barrel, following OPEC+ agreement and his allies to cut the output by 2 million barrels per day.
read more... 02/11/2022
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Germany could seize property to speed LNG build-out
Germany, racing to end its reliance on Russian gas, plans to introduce new regulation that will make it possible to expropriate property to link offshore liquid natural gas terminals to the grid, Handeslblatt reported.
read more... 02/11/2022
New Danish government may speed up green transition
The winner of Tuesday’s general election will try to accelerate Denmark’s green transition and possibly even raise the 2030 emissions reduction target, based on recent campaign statements.
read more... 02/11/2022