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Over one million European homes have batteries for their solar installations
More than one million European homes will welcome the New Year with batteries for their solar power plants. It is an increase of over 50% since the end of 2021, significantly higher than what was forecasted.
read more... 27/12/2022
Daily (26.12.2022): Oil prices rose on Friday amid concerns of decreasing Russian supply
Oil prices were bullish on Friday amid signals of decreasing Russian supply which outweighed concerns for rate hikes in the US and China’s Covid19 uncertainty. Consequently, Brent crude increased by 3.6% to $83.92 a barrel and WTI oil ended 2.6% higher at $79.56 a barrel.
read more... 26/12/2022
Greece to double subsidy on energy bills to 840 mln euros in January
Greece will increase subsidies on energy bills to 840 million euros ($892.08 million) in January to continue supporting households and businesses against soaring energy prices, Energy Minister Kostas Skrekas said on Friday.
read more... 26/12/2022
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Eni's Vaar Energi makes Arctic gas discovery
Norway's Vaar Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area.
read more... 26/12/2022
Stage set for fight over EU’s 2030 renewable energy target
A majority of EU member states have backed a 40% target for renewable energies like wind and solar by 2030 – a far cry from the 45% objective tabled by the European Commission and supported by Parliament earlier this year in response to Russia’s war in Ukraine.
read more... 26/12/2022