Latest news
French government presents its decarbonisation plan to meet EU targets
Prime Minister Elisabeth Borne unveiled detailed plans on Monday (22 May) for France to meet the EU’s target of reducing greenhouse gas emissions 55% below 1990 levels by 2030.
read more... 24/05/2023
Daily (23.05.2023): European spot electricity prices rocketed by around 50% on Monday amid expectations of lower wind energy generation
Brent crude increased by 0.5% to $75.99 a barrel on Monday as oil demand is expected to rise in the second half of the year and amid declining supplies from Canada and OPEC+. WTI crude traded 0.7% higher at $72.1 a barrel.
read more... 23/05/2023
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Germany to earmark 4 bln euros annually for power subsidy - economy minister
Germany plans to earmark around 4 billion euros ($4.40 billion) annually to subsidize electricity prices for energy-intensive industries, to support an industrial move away from fossil fuels and discourage firms from moving offshore.
read more... 23/05/2023
Italy set to miss near 50% of green power goal
Italy is set to miss nearly 50% of its green power goals by 2030 unless it substantially increases the pace of growth, a new study showed on Monday.
read more... 23/05/2023
EU Parliament delays renewable energy vote after late backlash
The European Parliament has delayed a planned vote to approve new EU renewable energy targets, after France and other countries lodged last-minute opposition to the law last week, according to an internal email seen by Reuters.
read more... 23/05/2023