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Global energy use projected to increase by 50% by 2050
Global energy consumption has been projected to increase by nearly 50% over the next 30 years, led by a growth in renewables.
read more... 11/10/2021
Spanish gas clawback on power generators 'could cost Eur5 billion'
The Spanish government's gas clawback mechanism in the power market could cost generators more than Eur5 billion ($5.8 billion) over the six months to end-March 2022, Pedro Gonzalez, director of regulation at Spanish electricity association AELEC, said Oct. 8.
read more... 11/10/2021
Daily (08.10.2021): Oil prices increased by 1.1% on Thursday, after the US commented that it will not start dipping into strategic crude reserves
Oil prices rose on Thursday, following an update from the US Department of Energy indicating that the United States would not "immediately" dip into the country's strategic reserves to cope with the increase the price of black gold. Brent oil and WTI crude both gained 1.1% to settle at $81.95 a barrel and $78.30 a barrel, respectively.
read more... 08/10/2021
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RWE Greek joint venture targets 2GW solar
RWE Renewables has formed a joint venture in Greece with an initial solar project pipeline of 2GW.
read more... 08/10/2021
The EU’s ‘toolbox’ against soaring energy prices
The European Commission is preparing a “toolbox” of measures for EU governments to tackle the ongoing surge in energy prices without harming Europe’s single market. EURACTIV got its hands on the draft proposal.
read more... 08/10/2021