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Poland to slow coal phase-out process, maintain 2049 end-date
Poland is forced to slow down the process of closing coal mines but will not withdraw from its plans to close all its mines by 2049, announced Polish State Assets Minister Jacek Sasin.
read more... 09/11/2022
Daily (08.11.2022): Strong LNG supply and high storage levels continue to weigh on European gas prices
After reaching more than two-month highs crude oil prices fell amid mixed signals. Chinese policymakers are considering removing the severe COVID-19 limitations on the economy, however, with no deadline established. As a result, WTI declined by 0.9% to $91.79 a barrel, while Brent crude decreased by 0.7% to end at $97.92.
read more... 08/11/2022
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Commerzbank, Norsk Hydro to invest 600 mln euro into 1 GW of Danish solar
A joint venture of subsidiaries of Germany's Commerzbank and Norway's Norsk Hydro will invest 600 million euros ($599 million) to build 1 gigawatt (GW) of solar capacity in Denmark, project developer GreenGo said on Tuesday.
read more... 08/11/2022
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Czech govt proposal for revenue cap on power producers hits nuclear hardest
The Czech industry ministry has proposed a cap on power producers' revenue ranging from 70 to 230 euros per megawatt hour, depending on the source, according to a legislative document published by the government.
read more... 08/11/2022
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G7 to be ready with details of Russian crude price cap by Dec 5
G7 countries will be ready with all the operational details of a price cap on Russian seaborne crude oil by Dec. 5, when the measure is to kick in, even though many details now remain to be settled, a senior U.S. official said on Friday.
read more... 08/11/2022