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EU proposes Energy Charter Treaty exit after climate concerns
The European Commission proposed on Friday that EU countries jointly quit an international treaty that has been criticised for blocking efforts to fight climate change because its protection of energy investments extends to fossil fuels.
read more... 10/07/2023
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Spain targets EU power market reform by year end
The Spanish EU presidency plans to make power market reform one of its main priorities, with the aim of approving plans before the end of the year, energy ministry sources told Montel on Friday.
read more... 10/07/2023
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UK discusses Wylfa nuclear site sale
The government has confirmed ongoing discussions about the potential sale of the Wylfa nuclear site in response to a report by the Welsh Affairs Committee.
read more... 10/07/2023
Daily (07.07.2023): British gas prices fell on Thursday amid continuing high stock level
Crude oil prices ended rather flat on Thursday as the combined production cuts from Saudi Arabia and Russia were offset by a possible U.S. interest rate hike. Moreover, economic data concerns from Eurozone and China weighed on price. Hence, Brent crude edged 0.2% lower at $76.52 a barrel. Meanwhile, WTI crude almost closed unchanged at $71.80 a barrel.
read more... 07/07/2023
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EU Parliament clinches political deal on electricity market reform
Political groups in the European Parliament have agreed on the broad terms of the EU’s electricity market reform on Thursday (6 July), paving the way for a swift adoption of the proposal in the EU assembly before decisive talks with EU member states to finalise the law.
read more... 07/07/2023