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Norway approves connection of Western Europe's largest LNG plant to grid
Norway has approved a plan to connect Equinor's Hammerfest liquefied natural gas (LNG) plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition, the government said on Tuesday.
read more... 09/08/2023
Daily (08.08.2023): Germany recorded seven hours of negative power with a low of -9.99 EUR /MWh amid elevated wind output
Crude oil prices fell on Monday as a result of reduced demand for gasoline in the US, following the end of the summer driving season. Furthermore, the expansion of Chinese strategic oil reserves added downward pressure on prices. Thus, Brent crude dropped by 1.1% to end at $85.34 a barrel. Meanwhile, U.S. WTI crude declined by over 1% to settle at $81.94 a barrel.
read more... 08/08/2023
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EU will need gas without speedier green transition
Europe will need to rely on natural gas for at least another decade or more without a speedier transition to low-carbon energy technologies, experts told Montel.
read more... 04/08/2023
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Germany hails breakthrough in EU talks on power plant plans
Germany's economy minister said on Tuesday Berlin had made a "breakthrough" in its talks with the European Commission on plans for new hydrogen and gas power plants, but has yet to agree on how they will be subsidised.
read more... 02/08/2023
America Flips Switch On First New Nuclear Reactor in 7 Years
The United States has started operations on its first new nuclear reactor in seven years, in a development hailed as having a positive impact on the climate as it releases no greenhouse gas emissions.
read more... 01/08/2023