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Renewables: slow progress means France remains on collision course with EU Commission
France achieved a 22.2% share of renewable energy in its gross final energy consumption in 2023, according to the French Ecological Ministry figures from 7 May, but the trend is not sufficient for the country to reach a target of at least 44% renewable energy by 2030, as set by EU law.
read more... 15/05/2024
Dogger Bank B foundation installation begins
The team behind the world’s largest offshore wind farm, Dogger Bank, has initiated the foundation installation campaign for the second phase of the development.
read more... 15/05/2024
EDF secures 'green' financing for extended operation of reactors
French utility EDF has signed green bank loans for a total amount of about EUR5.8 billion (USD6.3 billion), which will be used to finance the life extension of its existing nuclear power plant fleet in France.
read more... 15/05/2024
Daily (14.05.2024): Carbon prices fell at their lowest level since May 1st amid extended sell-offs
On Monday, oil prices rebounded after a series of Ukrainian strikes on Russian storage and refining sites, along with signs of strengthening demand in the United States. Hence, Brent crude slightly rose by 1% to $83.36 per barrel, and WTI crude increased by 1 % $79.12 per barrel.
read more... 14/05/2024
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European Commission Ends Probe Into Chinese Solar Firms
The European Commission will end an investigation into Chinese solar companies after the firms withdrew from bidding for a solar power project in Romania, Thierry Breton, the European Internal Market Commissioner said on Monday.
read more... 14/05/2024