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EU confirms ban to end all Russian coal imports by 10 August
All Russian coal and other solid fossil fuels imports to the EU must stop by 10 August under the bloc’s fifth package of sanctions against Russia in force since Saturday.
read more... 11/04/2022
Speed up green transition to break from Russian fossil fuels, say 11 EU countries
Europe must speed up the rollout of renewable energy and energy efficiency measures in response to Russia’s invasion of Ukraine, according to eleven EU countries.
read more... 08/04/2022
Finland to invest 850 million euros to speed up Russian energy exit
Finland will invest up to 850 million euros ($924 million) in ensuring it meets its energy needs and to speed up breaking away from dependence on Russian supply, the government said on Thursday.
read more... 08/04/2022
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UK focuses on new nuclear, offshore wind, clean hydrogen to boost energy security
The UK government wants 25% of electricity demand in 2050 to be met by up to 24 GW of nuclear generation capacity, up from 9 GW currently, it said in an Energy Security Strategy announcement late April 6.
read more... 08/04/2022
Daily (08.04.2022): European carbon prices soared by 3.6% on Thursday amid strong auction
Oil prices extended losses for the third day in a row on Thursday amid uncertainty that the eurozone will be able to effectively penalize Russian energy exports and after consuming nations announced a large release of oil from emergency reserves. The coronavirus outbreak in Shanghai that has forced a lockdown in China's second-largest city put further pressure on prices. Hence, Brent crude slipped by 49 cents, or 0.5%, to settle at $100.58 a barrel. U.S. WTI crude lost 20 cents, or 0.6%, to settle at $96.03 a barrel.
read more... 08/04/2022