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Daily (30.08.2024): Oil prices rose by about 2% on Thursday amid strong US economic data and Libyan supply concerns

Oil prices rose by nearly 2% on Thursday as strong US economic data and concerns over supply disruptions from Libya supported the market. Brent crude closed at $79.94 per barrel, while WTI crude settled at $75.91 per barrel.

read more... 30/08/2024

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Switzerland moves to remove ban on new reactors

The Swiss government has said it will seek to lift the country's ban on the construction of new nuclear power plants, which has been in place since 1 January 2018. It said all clean energy sources will be needed to meet expected electricity demand while also meeting climate targets.

read more... 30/08/2024

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Green light for UK’s 2030 power plan

The Secretary of State for Energy and Net Zero, Ed Miliband, alongside the Head of Mission Control, Chris Stark, have written to Fintan Slye, Director of the Electricity System Operator (ESO), seeking advice on the steps needed to achieve a decarbonised power sector by 2030.

read more... 30/08/2024

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Greek regulator approves 2025 gas tariff increases

Greek energy regulator RAEWW has approved 2025 gas transmission tariffs previously proposed by transmission system operator Desfa, with some alterations.

read more... 30/08/2024

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Switzerland aims to curb winter gas use 15% in line with EU target

Switzerland’s cabinet passed a measure on Wednesday recommending the country cuts its gas consumption this winter by 15% compared with the 2017-22 averages to bring the country into line with the gas saving goals of EU countries.

read more... 29/08/2024

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