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Mercedes-Benz in preliminary offshore wind deal for electricity from 2027

Mercedes-Benz has struck a preliminary agreement with an offshore wind provider to supply electricity equivalent to 25% of its demand in Germany from 2027 onwards, a spokesperson for the carmaker said on Monday.

read more... 19/10/2022

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Daily (18.10.2022): European carbon prices declined ahead this week's European Council discussion on possible EU ETS changes

Oil prices remained stable on Monday as fears that high inflation and energy prices may push the global economy into recession outweighed China's continued adoption of a loose monetary policy. Hence, Brent crude settled at $91.62 a barrel, while WTI decreased by 0.2% to $85.46 per barrel.

read more... 18/10/2022

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Czechs, Germans close to deal on gas sharing in crisis

The Czech Republic and Germany are close to reaching an agreement on sharing gas in times of emergency, Czech Industry Minister Jozef Sikela said on Monday, as the countries seek to bolster energy security amid dwindling supplies of Russian gas.

read more... 18/10/2022

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Solar industry ‘shocked’ by Hungarian government’s suspension of feed-in

The government’s announcement it plans to suspend new connections to the grid of future solar energy installations is contrary to the interests of the sector, the population and the country, the Hungarian Solar Solar Association (MNNSZ) said in a statement over the weekend.

read more... 18/10/2022

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Fortum considers building new nuclear power in Finland and Sweden

Finnish utility Fortum said on Monday it will begin a two-year feasibility study to explore the potential for building new nuclear power stations in Finland and Sweden.

read more... 18/10/2022

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