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France mulls at least 8 reactors, solar boost in new policy
The French government is mulling building a minimum of eight new nuclear reactors and boosting targeted solar capacity from 100 GW to 140 GW by 2050, according to an official document seen by Montel on Thursday.
read more... 19/06/2023
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Britain's National Grid expects to meet electricity demand this winter
Britain's National Grid expects to have enough capacity to meet demand for electricity this winter and will keep exploring additional options amid continued supply risks following Russia's invasion of Ukraine, it said on Thursday.
read more... 19/06/2023
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EU to vote on extension for coal subsidies beyond 2025 Monday
European Union countries are considering a proposal that would let member states prolong capacity mechanism support for coal plants by ducking CO2 emission limits, a draft document seen by Reuters showed.
read more... 19/06/2023
Daily (16.06.2023): Crude oil prices soared on Thursday, against a backdrop of a weaker dollar following a rate hike by the ECB
Crude oil prices soared on Thursday, against a backdrop of a weaker dollar following a rate hike by the European Central Bank and a standstill by the Fed. Hence, Brent crude increased by 3.4% to settle at $75.67 a barrel. At the same time, WTI crude traded 3.4% higher at $70.62 a barrel.
read more... 16/06/2023
EU told to slash greenhouse gas emissions 90-95% by 2040
The European Union should commit to slash its net greenhouse gas emissions by as much as 95% by 2040, official advisers said on Thursday, as Brussels prepares a new goal to curb Europe's contribution to climate change.
read more... 16/06/2023