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EU approves €95m Polish aid for LG Chem’s EV battery plant expansion
The new plant is expected to supply batteries for more than 295,000 EVs every year in the European Economic Area
read more... 24/03/2022
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EC proposes EU gas storage must be 80% full by 1 November
EU gas storage must be at least 80% full by 1 November as part of efforts to tackle surging prices and ensure supplies for next winter, the European Commission proposed on Wednesday.
read more... 24/03/2022
Daily (23.03.2022): European carbon prices climbed to a six-day high on Tuesday ahead of options expiry
Oil prices fell marginally on Tuesday as it appeared improbable that European Union countries would join the US in imposing a Russian oil embargo in response to the country's invasion of Ukraine. Brent crude slipped by 0.2% to settle at $115.48 a barrel. U.S. WTI crude ended 0.3%, lower at $111.76.
read more... 23/03/2022
EU bets on green gases and electricity to break away from Russian fossil fuels
Faced with high energy prices and the urgent need to break away from Russian fossil fuels, the European Commission is doubling down on the roll-out of renewables and energy efficiency measures.
read more... 23/03/2022
EU, UK see different paths through transition trilemma
The Russia-Ukraine conflict has prompted European governments to reaffirm their commitment to urgently speeding up their countries' transition to renewable energy and to reassess the role of natural gas in that transition.
read more... 23/03/2022