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Bids in first EU hydrogen auction outstrip budget

The EU’s first renewable hydrogen subsidy auction saw an overwhelming response with bids exceeding the EUR 800m available budget, the European Commission said on Monday.

read more... 20/02/2024

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Daily (19.02.2024): Oil prices rose by 1% on Friday, supported by ongoing geopolitical concerns

Oil prices gained ground on Friday as ongoing geopolitical turmoil continue to support prices. Hence, Brent crude rose by about 1% to settle at $83.47 a barrel, while WTI crude increased by 1.5% to close at $79.19 a barrel.

read more... 19/02/2024

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Germany to earmark 4 bln euros for industry decarbonisation subsidies

The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a government source told Reuters on Friday.

read more... 19/02/2024

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UK public EV charging costs up by 11%

The overall cost of charging an electric vehicle (EV) on the UK’s public network has surged by 11% over the past year, according to new data published by Zapmap.

read more... 19/02/2024

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Solar PV industry caught up in China forced-labour controversy

Political momentum is swaying in favour of European solar panel manufacturers, as work progresses on a new EU law banning forced labour practices that would effectively block Chinese imports.

read more... 19/02/2024

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