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Nordic system price settles negative for 1st time
The Nordic system price for Sunday settled negative for the first time at EUR -1.95/MWh amid strong wind power generation.
read more... 17/07/2023
Ireland launches MARA to regulate development in maritime area
The Irish Government has launched the Maritime Area Regulatory Authority (MARA), a new state agency, to oversee the country’s maritime area including offshore energy projects.
read more... 17/07/2023
Wind and solar to produce over a third of global power by 2030
Wind and solar projects are on track to account for more than a third of the world's electricity by 2030, signalling that the energy sector can achieve the change needed to meet global climate goals, a report by the Rocky Mountain Institute (RMI) said on Thursday.
read more... 17/07/2023
Daily (14.07.2023): Oil prices climbed by over 1% on Thursday amid potential production disruptions in Libya
Oil prices climbed on Thursday, buoyed by various factors, including the dollar's decline, an appetite for risk assets and potential production disruptions in Libya. Thus, WTI crude traded 1.5% higher at $76.89 a barrel, while Brent crude climbed by 1.6% to settle at $81.36 a barrel.
read more... 14/07/2023
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Polish government approves first nuclear power plant
Poland's Ministry of Climate and Environment has given a decision-in-principle for Polskie Elektrownie Jądrowe (PEJ) to construct a nuclear power plant in Pomerania. It is a formal confirmation that the company's investment project is in line with the public interest and the policies pursued by the state, including energy policy.
read more... 14/07/2023