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French parliament adopts bill to speed up green growth
France’s lower house of parliament adopted a draft bill aimed at speeding up the development of renewables late on Tuesday although the industry fears it may create more delays.
read more... 12/01/2023
Daily (11.01.2023): European electricity prices fell on Tuesday amid strong renewable energy, bearish gas and carbon prices
Crude oil prices increased slightly on Tuesday as the U.S. government predicted record global petroleum consumption next year and the dollar remained near seven-month lows. Brent crude rose by 45 cents or 0.6%, to settle at $80.10 a barrel. Meanwhile, U.S. WTI crude ended 49 cents, or 0.6% higher at $75.12 per barrel.
read more... 11/01/2023
EU energy regulator to launch LNG price assessment on Friday
European Union energy regulators will start publishing a daily liquefied natural gas (LNG) price assessment on Friday, the first step in the EU's plan to form a new European benchmark price for the super-chilled fuel.
read more... 11/01/2023
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Spain seeks to set nuclear, hydro power prices to curb profits
Spain wants the European Commission to allow it to set prices for nuclear and hydroelectric power as it seeks to decouple the cost of electricity production from gas and to curb windfall profits, energy ministry sources said.
read more... 11/01/2023
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Belgium to extend life of two nuclear reactors by 10 years
Belgium has reached an agreement with French utility Engie to extend the life of two nuclear reactors by 10 years, the prime minister said on Monday, overturning a plan to exit nuclear power in 2025 as the war in Ukraine has changed energy strategy.
read more... 11/01/2023