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New global renewables capacity additions to rise by a third this year

Global additions of renewable power capacity are expected to rise by a third this year, the International Energy Agency (IEA) said on Thursday, as stronger government policies and energy security concerns drive more clean energy deployment.

read more... 01/06/2023

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UK considers removing VAT on battery storage installed after solar panels

The government has announced plans to consult on potential changes to VAT regulations for energy saving systems.

read more... 01/06/2023

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Daily (31.05.2023): Oil prices plunged by about 5% on Tuesday, amid high Russian exports and slowing Chinese demand

Oil prices plunged by about 5% on Tuesday, amid high Russian exports and slowing Chinese demand with the prospect of a standstill at Sunday's OPEC+ alliance meeting. Hence, Brent crude settled at $69.46 a barrel. Meanwhile, WTI crude traded at $73.54 a barrel.

read more... 31/05/2023

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France to launch its first electric vehicle battery factory

France will launch its first electric vehicle (EV) battery factory on Tuesday as President Emmanuel Macron moves ahead with his “reindustrialisation” plan for the country, Euractive reports.

read more... 31/05/2023

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UK ‘power dumping’ raises concerns over energy management

Energy data firm EnAppSys has raised concerns about National Grid ESO‘s actions, stating that power is “being dumped into Belgium and the Netherlands“.

read more... 31/05/2023

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