Latest news
Daily (15.02.2022): Oil prices soared to seven-year highs on Monday amid fears of Russian attack on Ukraine
Oil prices extended gains on Monday, to hit their highest levels in more than seven years as escalating tensions between Russia and Ukraine kept the market on the edge. Hence, Brent crude increased by 2.2% to $96.48 a barrel. U.S. WTI crude soared by 2.5% to end at $95.46 a barrel.
read more... 15/02/2022
Daily (14.02.2022): Energy markets surged on Friday, amid escalating tensions at the Russia-Ukraine border
Oil prices increased sharply on Friday, as US defense officials anticipated Russian forces to commence the invasion in the coming weeks. As a result, Brent crude soared by 3.3% to $94.44 a barrel and WTI oil jumped by 3.6% to $93.10 a barrel.
read more... 14/02/2022
.jpg)
Power grid flexibility vital to ‘avoid blackouts’
Batteries and hydrogen can provide the necessary flexibility for Europe’s electricity grid to avoid blackouts in an energy system increasingly dominated by intermittent wind and solar, said Maroš Šefčovič, the European Commission vice-president in charge of foresight.
read more... 14/02/2022
Spain calls on EU to endorse renewable energy contracts for industry
As eldiario.es reported, the Spanish government has called on the European Investment Bank (EIB) to provide financial guarantees for long-term fixed-price supply contracts for renewable energy, known as Power Purchase Agreements (PPAs).
read more... 14/02/2022
Macron presents France’s long-term ‘nuclear-heavy’ energy plan
Multiplying solar energy capacity tenfold, deploying around fifty offshore wind farms and building six EPR 2 nuclear reactors. These are all part of France’s long-term energy plan President Emmanuel Macron detailed on Thursday (10 February). EURACTIV France reports.
read more... 14/02/2022