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Czech lawmakers approve nuclear support
The Czech Republic's support framework for nuclear investment has been approved by the lower house of parliament. The Low Carbon Act should come into effect from 1 January 2022, the energy ministry said. "Currently, there are no market incentives for investment in new nuclear or other emission-free energy sources," noted Tomáš Ehler, the deputy minister of industry and trade, saying, "These market failures have been confirmed by the European Commission itself.
read more... 20/09/2021
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SSE Renewables to combine two wind farms to create 4.1GW ‘super project’
SSE Renewables is combining two proposed offshore wind farms to create what it says would be a “super project” development, with a potential output of 4.1GW.
read more... 20/09/2021
Daily (17.09.2021): European front-year electricity prices dropped by about 7% on Thursday in tandem with lower gas
Oil prices were rather steady on Thursday after hitting a multi-week high a day earlier. Prices were partly supported by the outlook of recovering oil demand as indicated by OPEC and IEA this week. On the other hand, the threat of disruptions by hurricane Nicholas receded. Hence, Brent crude added 0.3% to settle at $75.67 a barrel. U.S. WTI crude ended unchanged at $72.61 a barrel.
read more... 17/09/2021
France to boost energy vouchers as consumer bills rise
French government is considering extending the benefit of energy vouchers to more households to ease the cost of rising energy bills, the government’s spokesman Gabriel Attal said on Wednesday (15 September).
read more... 17/09/2021
Gazprom Neft, Lukoil to create oil and gas JV in West Siberia
Russia's Gazprom Neft and Lukoil said Sept. 16 that they are creating a joint venture to develop an oil and gas cluster in the West Siberian Yamal-Nenets region, and are also considering further cooperation in Russia.
read more... 17/09/2021