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Germany, Spain push to keep nuclear out of EU renewable energy goals

Seven EU states including Germany, Spain and Denmark have strengthened their resistance to efforts by France to count nuclear energy towards EU renewable energy targets, according to a letter seen by Reuters.

read more... 20/03/2023

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Daily (17.03.2023): European year-ahead power prices gained ground on Thursday tracking higher gas prices

Crude oil prices settled higher on Thursday following the news that Saudi Arabia and Russia met to discuss ways to improve market stability. Hence, Brent crude increased by 1.4% to $74.70 a barrel. At the same time, WTI crude gained 1% to end at $68.35 a barrel.

read more... 17/03/2023

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Study sees potential for huge North Sea hydrogen pipelines

Investments of between 15 and 22 billion euros ($15.92-$23.36 billion) could buy a 4,200-kilometre new hydrogen pipeline network linking Germany, Belgium, Britain, Denmark, Norway and the Netherlands, according to a study from analysts at DNV consultancy on Thursday.

read more... 17/03/2023

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EU announces plans to lead green industrial revolution

The European Commission presented the centrepieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition.

read more... 17/03/2023

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UK Spring budget: Hunt announces $24bn for carbon capture and storage

UK chancellor Jeremy Hunt announced on Wednesday the government’s plans to commit $24bn (£20bn) to carbon capture and storage.

read more... 17/03/2023

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