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France ‘omits’ renewable energy target in 2030 energy-climate plan
France’s draft national energy and climate plan (NECP), recently handed into the European Commission, fails to mention a renewable energy objective for 2030, referring instead to a “decarbonised” energy target incorporating nuclear power, contradicting the EU’s renewable energy directive.
read more... 30/11/2023
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Poland to ease wind farm rules, freeze energy prices
Poland's incoming government has submitted a draft law to the country's parliament to freeze energy prices in the first half of 2024 and liberalize rules to build wind farms.
read more... 30/11/2023
Daily (29.11.2023): Oil prices rebounded on Tuesday amid a tense and volatile market ahead of OPEC and its allies meeting
Oil prices experienced a rebound on Tuesday in a tense and volatile market, filled with numerous rumors ahead of the meeting of the OPEC and its allies on Thursday. As a result, Brent crude settled at $81.68 per barrel, while WTI crude stood at $76.41 per barrel, both contracts increasing by over 2% day-on-day.
read more... 29/11/2023
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EU Commission announces electricity grid action plan
The EU's energy commissioner Kadri Simson announced on Tuesday an action plan to overhaul its 40-year-old electricity infrastructure to meet new renewable energy demands as the energy transition speeds up.
read more... 29/11/2023
EU agrees new rules for investments into hydrogen infrastructure
Negotiations on the first leg of the EU’s new hydrogen and gas market rules concluded on Monday (27 November), clearing the way for investments into new infrastructure with a special carve-out for Germany’s municipal utilities.
read more... 29/11/2023