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Four countries pledge tenfold rise in EU offshore wind power capacity
Germany, Belgium, the Netherlands and Denmark on Wednesday pledged to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050 to create a "green power plant"for Europe.
read more... 19/05/2022
EU lawmakers vote for more ambitious carbon market overhaul
Lawmakers on the European Parliament's environment committee voted on Tuesday for a more ambitious overhaul of the EU carbon market than previously proposed, as they prepare to negotiate reforms to the bloc's core emissions-cutting policy.
read more... 19/05/2022
(Daily 18.05.2022): EUA prices rose by 2.4% after the approval of a higher 2030 reduction target
After hitting seven-week highs on Monday, oil prices fell by 2% on Tuesday as the US could lift certain restrictions on Venezuela's government. Brent crude ended 2% lower at $114.24 a barrel on Tuesday.
read more... 18/05/2022
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Fixing EDF’s reactors corrosion mystery to take several years, French regulator warns
The head of French nuclear regulator ASN said on Tuesday (17 May) that fixing corrosion problems at some of state-controlled utility EDF’s nuclear reactors would require a “large scale” plan and “several years” as he warned of a risk more reactors could be halted.
read more... 18/05/2022
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EU countries urged to prepare for Russian gas ‘supply shock’
In a policy document due to be adopted on Wednesday (18 May), the European Commission urges EU member states to step up preparations for a “full disruption of Russian gas supplies” by considering emergency measures like a temporary cap on gas prices.
read more... 18/05/2022