The director of CINEA, a recently established EU agency managing €55 billion in EU funding for clean energy and transport, has told EURACTIV about the challenge of ending fossil fuel projects entirely, saying coal and natural gas assets “are not simply going to go away” and need to be managed during the transition.
read more... 29/10/2021
Crude oil prices were bearish on Wednesday, as crude reserves in the United States rose by twice as much as analysts expected. Moreover, prices fell on signs of a resumption of nuclear negotiations with Iran. Hence, Brent oil lost 2.1% at $84.58 a barrel and WTI crude dropped by 2.4% to $82.66 a barrel.
read more... 28/10/2021
Saipem, AGNES and QINT'X have applied for a permit to install an energy hub off the coast of Italy.
read more... 28/10/2021
The ability of geothermal energy to provide baseload electricity and flexibility to heating and power systems will be invaluable in order to move towards a 100% renewables-based system, experts say.
read more... 28/10/2021
The UK’s energy sector has today committed to investing in and delivering a net zero power system in the 2030s.
read more... 28/10/2021