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EDF Renewables UK partners with DP Energy to deliver up to 1 GW ‘Gwynt Glas’ floating offshore wind project in the Celtic Sea

EDF Renewables, one of the UK’s leading renewable energy companies, is announcing a joint venture partnership with international renewable project developer DP Energy, to generate up to 1GW of low carbon green energy in the Celtic Sea. The project is likely to span English and Welsh waters.

read more... 12/01/2022

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German climate minister sets out plans for 572 TWh/yr green electricity by 2030

Germany's new economy and climate minister Robert Habeck has outlined plans to fast track renewables in order to meet an 80% share in the power mix target by 2030.

read more... 12/01/2022

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Daily (11.01.2022): EUAs dropped by 6% on Monday as auction supply resumed

Crude oil prices lost ground on Monday as supply issues in Kazakhstan and Libya attenuated, with traders watching the impact of coronavirus outbreaks in China. Hence, Brent crude fell by 88 cents, or 1.1%, to settle at $80.87 a barrel. U.S. West Texas Intermediate (WTI) crude decreased by 67 cents, or 0.9%, to end at $78.23.

read more... 11/01/2022

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Greece fumes as Washington loses interest in EastMed gas pipeline

The United States is no longer supporting the construction of EastMed gas pipeline project as Washington’s interest is now switching to renewable energy sources, according to a State Department statement. According to Greek media, the move profits Turkey.

read more... 11/01/2022

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Brexit decision left UK firms paying 10% more than EU rivals for emissions

British businesses are paying substantially more to produce carbon dioxide than their EU rivals because of the government’s refusal to link the UK carbon market to the bigger European market after Brexit.

read more... 11/01/2022

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