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Seven European countries pledge CO2-free power systems by 2035

Seven countries including Germany, the Netherlands and France pledged on Monday to eliminate CO2-emitting power plants from their electricity systems by 2035.

read more... 19/12/2023

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Renewables Top 50% Share of Germany’s Power Demand for The First Time

Renewable energy sources accounted for nearly 52% of Germany’s gross electricity consumption this year, making up more than half of the country’s power generation and power consumption for the first time ever, preliminary estimated by industry groups showed on Monday.

read more... 19/12/2023

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Daily (18.12.2023): Forward gas prices tumbled by 5% on Friday amid robust supply and mild temperatures

Oil prices posted a slight decrease on Friday following a very volatile week. Market analysts attributed the fluctuations to the upcoming week nearing the end-of-year holidays, noting that traders "are not particularly inclined to take significant positions." As a result, Brent crude ended at $76.55, and WTI crude closed at $71.43 per barrel.

read more... 18/12/2023

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New grid rules could derail Finnish green transition

Finland’s new rules for grid asset valuation threaten future network investments deemed crucial for the green transition, regional grid operators (DSOs) have warned.

read more... 18/12/2023

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UK commits £6bn for home and business energy efficiency

Around a million homes are set to receive a boost in energy efficiency, with targeted support for 200,000 low income households and an additional £1.5 billion allocated for the Boiler Upgrade Scheme

read more... 18/12/2023

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