Latest news
Europe may not need additional LNG terminals
Europe may find itself with excess LNG capacity following a flurry of newbuild import terminals and project announcements in the wake of Russia’s invasion of Ukraine, amid declining demand, according to analysts.
read more... 01/11/2023
Daily (31.10.2023): European spot electricity prices skyrocketed on Monday due to falling wind output and stronger demand
Oil prices plummeted by over 3% on Monday as economic concerns ahead of the next US interest rate decision this week outweighed supply risks driven by the Middle Eastern conflict. Thus, Brent crude settled at $87.45 a barrel, while WTI crude stood at $82.31 a barrel.
read more... 31/10/2023
France reinvests in EV charging infrastructure to meet EU targets
The French government announced on Friday (27 October) new funding for the roll-out of electric vehicle charging points to match the development pace set by the EU’s new alternative fuel infrastructure regulation.
read more... 31/10/2023
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Bulgaria has ‘carte blanche’ on using Russian gas tax cash
Bulgaria can decide how it will be using the revenues it makes from the €10/MWh tax on Russian gas imports transiting through Bulgarian territory, the European Commission confirmed on Monday.
read more... 31/10/2023
EU countries behind schedule on 2030 energy efficiency goals
Only 16 EU countries have met a June deadline to submit updated National Energy and Climate Plans to the European Commission for the period running up to 2030 – and none of them are fully compliant with the EU’s latest energy efficiency goals, according to a new report.
read more... 31/10/2023