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EU summit to pass on energy ‘hot potato’ to ministers

EU leaders will take stock of the European Commission’s proposed “toolbox” of measures to tackle rising energy prices when they meet in Brussels today (21 October), but will leave energy ministers to discuss the details next week, according to draft summit conclusions seen by EURACTIV.

read more... 22/10/2021

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Daily (21.10.2021): European carbon prices gained nearly 6% on Wednesday, on cold weather forecasts and higher energy prices

Crude oil prices rose on Wednesday, after the EIA published the report on US crude stocks, which unexpectedly decreased week-on-week. Thus, Brent oil increased by 0.9% to $85.82 a barrel and WTI crude edged 0.6% higher at $83.42 a barrel.

read more... 21/10/2021

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Spain to phase out coal, nuclear and oil-fired plants by 2035

Spain is on track to phase out nuclear power, coal power and oil-fired plants by 2035.

read more... 21/10/2021

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UK backs sustainable aviation fuel, hydrogen, EVs and new nuclear in net-zero strategy

The UK government has published its net-zero strategy document, outlining financing for developing sustainable aviation fuel, an industrial and hydrogen revenue support scheme and new money for electric vehicles and nuclear.

read more... 21/10/2021

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Spain urges EU to take energy crisis measures ‘beyond winter’

Ahead of this week’s EU summit, Spain has urged the bloc to implement urgent and coordinated measures to mitigate rising energy prices, warning of a “risk” that energy shortages could last beyond next winter in Europe.

read more... 21/10/2021

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