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Terna to invest €16.5bn to strengthen electricity network in Italy
Italian power grid company Terna has announced plans to invest €16.5bn over the next five years to support Italy’s integration of renewable energy sources.
read more... 21/03/2024
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Spain signs wind expansion charter
Spain’s Ecological Transition Minister Teresa Ribera has signed a charter identifying actions to accelerate the expansion of wind energy in the country and to maximise its social and economic benefits.
read more... 21/03/2024
Daily (20.03.2024): Oil prices notched a minor increase on Tuesday amid continued attacks on Russia’s refineries and positive data from China
Crude oil prices extended gains yesterday due to ongoing attacks on Russia's refining infrastructure, positive macroeconomic data from China, as well as reports of decreasing US crude oil and gasoline inventories. As a result, Brent crude edged 0.6% higher to end at $87.38 a barrel. Meanwhile, U.S. WTI crude rose by about 1% to settle at $83.47 a barrel.
read more... 20/03/2024
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Poland needs coal plant subsidies beyond 2028
Poland will need an extension of EU rules that allow coal plant subsidies until 2028 as it will require coal power generation until it builds its first nuclear plant next decade, the top energy security official in the new government told Reuters.
read more... 20/03/2024
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EIB approves €700m loan to Iberdrola for grid expansion
The European Investment Bank (EIB) has approved a €700m loan to Iberdrola to expand its electricity distribution network in Spain.
read more... 20/03/2024