Latest news
.jpg)
Global power demand growth to rebound in 2024 after slowdown
An ongoing energy crisis and an economic downturn is expected to slow global power demand growth in 2023, but a probable rebound in 2024 means more renewable capacity needs to be developed, the International Energy Agency (IEA) said on Wednesday.
read more... 20/07/2023
Daily (19.07.2023): Oil prices rebounded on Tuesday, as the market saw the prospect of an end to US monetary tightening
Oil prices rebounded on Tuesday, as the market saw the prospect of an end to US monetary tightening in the wake of disappointing US indicators, against the backdrop of a slowdown in Russian exports. Consequently, WTI crude advanced by more than 2%, reaching $75.75 per barrel. At the same time, Brent crude also increased by 1.4%, settling at $79.63 per barrel.
read more... 19/07/2023
.jpg){kind=spacer}
Britain opens competition to develop small nuclear plants by the 2030s
Britain on Tuesday opened a competition to develop small modular nuclear reactors (SMRs), and is aiming to see them operating in the country by the early 2030's, according to energy security minister Grant Shapps.
read more... 19/07/2023
Germany adds 60% more onshore wind power in H1 but pace seen too slow
Germany added 60% more onshore wind capacity in the first half of 2023 than a year earlier at a total of 1,565 megawatts (MW), but needs far more to reach its 2030 target, wind industry lobbies said on Tuesday.
read more... 19/07/2023
EU strikes gas, hydrogen deal with Argentina
The European Commission has signed a non-binding agreement with Argentina to facilitate a stable supply of liquefied fossil gas (LNG) to Europe in exchange for cooperation on green energy and Buenos Aires reigning in gas leakage.
read more... 19/07/2023