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UK energy regulator approves $2.5 bln funding for new subsea cable

British energy regulator Ofgem has approved a 2 billion pounds ($2.5 billion) funding package to build nearly 200 kilometres (124 miles) of new subsea and underground cables linking Scotland to the north-east of England, it said on Friday.

read more... 15/11/2024

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Lithuanian parliament adopts law to block Chinese access to solar, wind farm systems

The Lithuanian parliament adopted a law to block Chinese access to the country’s solar and wind farm systems, local media reported on Tuesday.

read more... 15/11/2024

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Daily (14.11.2024): Oil prices recovered on Wednesday as U.S. price index supported expectations of continued monetary easing

Oil prices rebounded on Wednesday, buoyed by a U.S. price index that did not challenge the assumption of ongoing monetary easing, which continues to support demand for crude oil. Brent crude closed at $72.72 per barrel, while WTI crude ended the day at $68.43 per barrel, both gaining around 0.5%.

read more... 14/11/2024

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Germany to mandate open market sales for new wind, solar plants

Germany's cabinet on Wednesday approved plans to require most operators of new wind and solar power plants to sell their electricity independently on the open market, aiming to better integrate renewables into the country's energy system.

read more... 14/11/2024

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French power exports set for 22-year high in 2024 on plentiful supply

France's power exports could reach their highest in more than two decades this year, given plentiful gas stocks for coming winter months and high availability at both nuclear and gas power plants, French grid operator RTE said on Wednesday.

read more... 14/11/2024

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