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Germany’s chancellor-in-waiting backtracks on nuclear
Chancellor hopeful Friedrich Merz has concluded a nuclear energy revival in Germany is unrealistic, despite his party's long-standing criticism of the timing of the country's nuclear phase-out.
read more... 21/01/2025
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Scatec secures 15-year CfD for 190MW solar portfolio in Romania
Renewable energy solutions provider Scatec has entered a 15-year contract-for-difference (CfD) agreement with Romanian electricity market operator Opcom.
read more... 21/01/2025
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Israel's Natural Gas Reserves Expand 40% as Production Ramps Up
Israel exported a record 981mn cfd of natural gas to Egypt in 2024, good for 18.2% year-over-year. According to Middle East Oil & Gas publication MEES, the remarkable surge in imports can be attributed to a growing gas deficit resulting from declining domestic production by Egypt. However, Israel will struggle to ramp up exports further due to infrastructure limitations.
read more... 21/01/2025
Daily (20.01.2025) : European carbon prices hit a six-month high driven by speculative buying
Oil prices moved downwards on Friday, extending their decline from the previous day, weighed down by uncertainties surrounding Donald Trump's upcoming policies. Brent crude fell by 0.6%, settling at $80.79 per barrel. At the same time,WTI crude decreased by 1% to end at $77.88 per barrel.
read more... 20/01/2025
Portugal keen to create offshore wind cluster, could reach 10 gigawatts
Portugal's government said on Friday it was keen to create a cluster of wind farms off its Atlantic Ocean coast that could eventually reach a total capacity of around 10 gigawatts (GW).
read more... 20/01/2025