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Italy offers heavily discounted power to energy-intensive firms
Italy will auction 20 TWh of power to energy-intensive industrials at EUR 60/MWh – about half the cost of current wholesale prices – to curb spiralling energy costs, a source close to the decision told Montel.
read more... 29/07/2024
Daily (26.07.2024) Oil prices rebounded by about 1% on Thursday following strong economic data from the US
Oil prices increased on Thursday, influenced by the robust economic data in the US. Consequently, Brent crude gained 0.8%, closing at $82.37 a barrel, while WTI crude increased by nearly 0.9%, settling at $78.28 a barrel.
read more... 26/07/2024
Italy to present hydrogen corridor plan in autumn, may involve Switzerland
Italy will host an event in the autumn to present a network to transport hydrogen from the southern Mediterranean to northern Europe, its energy minister told Reuters on Wednesday (24 July), saying Switzerland could also be involved.
read more... 26/07/2024
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EC approves French EUR 1.5bn state aid for green gas
The measure aimed to “foster the transition towards a net-zero economy” by replacing fossil gas with renewable gas, the EC said.
read more... 26/07/2024
Serbia govt adopts national energy, climate plan
Serbia's government has adopted the Integrated National Energy and Climate Plan for the period to 2030, aiming to bring the share of renewables in the gross final electricity consumption to 45%, energy minister Dubravka Djedovic Handanovic said.
read more... 26/07/2024