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EU proposes windfall levies on energy firms to ease price pain
The European Union's executive plans to raise more than 140 billion euros ($140 billion) to shield consumers from soaring energy prices by skimming off revenues from low-cost electricity generators and making fossil fuel firms share windfall profits.
read more... 15/09/2022
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Spain urged to raise 2030 wind target to 63 GW
Spain should raise its 2030 wind capacity target from the current 50 GW in its energy roadmap to 63 GW, the country’s wind power lobby AEE lobby said on Wednesday.
read more... 15/09/2022
Daily (14.09.2022): Oil prices retreated on Tuesday, as concerns about the state of the global economy continue to dominate on the market
Crude oil prices declined, snapping a three-day rebound on Tuesday as U.S. consumer prices unexpectedly rose in August. Hence, Brent crude for November delivery settled 0.9% lower at $93.17 a barrel. U.S. WTI crude for October delivery lost 0.5%, to end at $87.31 a barrel.
read more... 14/09/2022
Portugal ranked 4th for renewable energy in Europe
According to the most recent figures of the Portuguese Association for Renewable Energies (Apren), in the month of August, Portugal produced 46.8% of its electricity from renewable power sources, earning for itself a fifth place in Europe and forth, if the cumulative energy stock for 2022 is counted. Portugal, in 2022, was able to produce 54.6% of its energy from renewables. This result is lower than Norway, Austria and Denmark which reach respectively 99%, 80% and 77%.
read more... 14/09/2022
EU to propose crisis measures to curb energy price spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc, in a package designed to shield citizens and businesses from surging energy prices.
read more... 14/09/2022