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Italy weighs $1B package to boost EV sales
The plan would support low-income families and the purchase of cars made in Italy.
read more... 04/01/2024
UK fossil fuel use drops to lowest level since 1957
A new report has revealed that UK electricity generation from fossil fuels has fallen to the lowest level since 1957. Analysis from Carbon Brief, published on 3 January, shows a 22% year-on-year drop in fossil fuel usage in 2023, meaning fossil fuels account for just 33% of the UK’s energy mix.
read more... 04/01/2024
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Norway to trial ‘world first’ star-shaped seabed power system
The technology is expected to offer flexibility, reduced cable lengths and potential 10% cost savings on a 1GW project
read more... 04/01/2024
Daily (03.01.2024): Gas prices declined on Tuesday amid anticipated warm weather and abundant supply
Despite ongoing tensions in the Red Sea related to shipping, oil prices experienced a decline of more than 1.5% on Tuesday. The upward surge of the dollar also put pressure on prices. Consequently, Brent crude ended at $75.89, and WTI crude stood at $70.38 per barrel.
read more... 03/01/2024
Germany's 2023 renewable power installations hit record, but wind sector lags
Germany's solar and wind power installations hit a record in 2023 but only photovoltaic energy reached the government's targets, industry associations said, expecting continued growth this year with further reduced bureaucracy.
read more... 03/01/2024