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EU puts an end to its electricity market crisis measures
The European Commission said on Monday it had decided not to prolong emergency measures introduced last year to shield consumers from soaring energy prices, adding those measures had helped to contribute to a calming of European electricity markets.
read more... 06/06/2023
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Italy could abandon coal by 2024
Italy could shut down its coal-fired power stations in 2024, a year earlier than planned, if gas prices remain at current low levels, Environment Minister Gilberto Pichetto Fratin said on Monday.
read more... 06/06/2023
Germany launches $53 bln scheme to help stricken industry decarbonise
Germany is launching a programme that will make available tens of billions of euros for firms facing substantial energy costs, in a bid to help its challenged industrial sector fund a shift towards carbon-neutral production techniques.
read more... 06/06/2023
Daily (05.06.2023): Oil prices rose sharply on Friday amid strong US employment figures
Oil prices rose sharply on Friday amid strong US employment figures. Moreover, debt impasse has been finally overcome. Ahead of OPEC+ meeting, Brent crude rose by 2.5 % to settle at $76.13 a barrel. Meanwhile, WTI crude traded at $71.74 a barrel, up by 2.3% day-on-day.
read more... 05/06/2023
Energy sufficiency, a French political concept still misunderstood in Europe
France has made energy sufficiency – the deliberate reduction of energy consumption – one of the three pillars of its decarbonisation strategy, alongside nuclear and renewables. However, Brussels and other European capitals have yet to fully embrace the approach.
read more... 05/06/2023