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Approval of EU renewables law delayed as France ‘plays hardball’ on nuclear
Formal approval of the EU’s renewable energy directive has been postponed following a last-minute objection by Paris, which wants further “guarantees” on low-carbon hydrogen derived from nuclear power.
read more... 19/05/2023
9 EU states agree to work on Mediterranean green energy hub
Energy ministers from nine EU countries have agreed to turn the Mediterranean region into a green energy hub.
read more... 19/05/2023
UK seeks input on hydrogen strategy
The UK Government has initiated a call for evidence as part of its efforts to drive the transition to price-based competitive allocation for electrolytic hydrogen projects.
read more... 19/05/2023
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Daily (18.05.2023): Oil prices soared by 3% on Wednesday, spurred by an acceleration in U.S. refinery activity and positive statements regarding the U.S. debt ceiling
Oil prices soared by 3% on Wednesday, spurred by an acceleration in U.S. refinery activity and positive statements regarding the U.S. debt ceiling. Hence, Brent crude settled at $76.96 a barrel, while WTI crude ended at $72.83 a barrel.
read more... 18/05/2023
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Key lawmaker wants revenue cap in EU electricity market reform
The European Parliament’s lead negotiator on the EU’s power market reform has sparked concern by proposing the return of a controversial revenue cap for power generators with cheap production costs, like renewables and nuclear.
read more... 18/05/2023