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EU matches 12bcm in second round of joint gas buying
The EU’s new joint gas buying platform matched 11.98bcm of sales offers and demand for delivery from August 2023-March 2025 in its second tendering round, European Commission vice president Maros Sefcovic said on Thursday.
read more... 14/07/2023
Daily (13.07.2023): Oil prices extended gains on Wednesday, buoyed by renewed risk appetite following a positive US inflation indicator
Oil prices extended gains on Wednesday, buoyed by renewed risk appetite following a positive US inflation indicator, against a backdrop of shrinking supply. Thus, WTI crude traded 1.2% higher at $75.75 a barrel, while Brent crude rose by 0.9% to settle at $80.11 a barrel.
read more... 13/07/2023
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Pro-nuclear group calls for equal EC treatment in funding
A group of 12 pro-nuclear EU countries led by France has called on the European Commission to support the equal usage of nuclear energy in the green transition, the French energy ministry said on Wednesday.
read more... 13/07/2023
Germany more flexible on hydrogen transition, emphasises speed
Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed and allowing greater leeway in transitioning from fossil fuels-based variants to renewables, a draft paper showed on Wednesday.
read more... 13/07/2023
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Spain's EU power market reform draft includes subsidies for existing plants
Spain has proposed state aid for existing power plants, but with limits to avoid market distortions, in a bid to end a stalemate over reform of the European Union's electricity market, according to a draft seen by Reuters on Wednesday.
read more... 13/07/2023