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First UK-Germany power link gets financial green light
A financial agreement was reached on Thursday to build the first power cable linking Britain and Germany, with construction set to begin later this year as the two countries work to reduce dependency on Russian gas and increase the use of green energy.
read more... 22/07/2022
Daily (21.07.2022): EUAs experienced their largest daily decline in six weeks on Wednesday
On Wednesday, crude oil prices traded slightly down, as official US crude inventory data indicated low gasoline demand. Thus, Brent crude ended 0.4% lower at $106.92 a barrel, while WTI decreased by 4.2% to $99.88 a barrel.
read more... 21/07/2022
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EU can do without Russian gas this winter
The European Commission is confident the EU can cope with a complete cut in Russian gas supplies this winter, EU internal market commissioner Thierry Breton said on Wednesday.
read more... 21/07/2022
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Construction of Egypt's first nuclear power plant under way
The first safety-related concrete has been poured for the nuclear island of unit 1 of the El Dabaa nuclear power plant in Egypt. It marks the official start of construction of the first of four Russian-supplied VVER-1200 reactors at the site on the country's Mediterranean coast.
read more... 21/07/2022
China greentech company Envision to build EV battery plant in Spain
Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including a battery plant for electric cars, with 3.8 billion euros ($3.9 billion) in total investment, partly funded by European Union aid.
read more... 21/07/2022