Germany's Economy Minister Robert Habeck said he aimed to replace a subsidy to makers of solar panels that fell victim to a court ruling last month that scrapped swathes of the budget, arguing support was needed to compete with Chinese manufacturers.
read more... 18/12/2023
On Thursday, oil prices surged, as speculative traders took profits and investors showed an increased appetite for risk assets. This increase was prompted by a more relaxed stance from the Fed. Consequently, both contracts jumped by over 3%, with Brent crude closing at $76.61, and WTI crude ending at $71.58 per barrel.
read more... 15/12/2023
EU negotiators have reached a deal on power market reforms intended to make prices less dependent on volatile fossil fuels and shield consumers from price spikes.
read more... 15/12/2023
The European Parliament backed the development of small nuclear reactors (SMRs) this week, a move welcomed by EU Energy Commissioner Kadri Simson, who has already called for a rapid turnaround of EU initiatives.
read more... 15/12/2023
Global coal demand is anticipated to undergo a significant shift in the coming years, according to the latest International Energy Agency (IEA) annual coal market report.
read more... 15/12/2023