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EU's power mix in 2024 the greenest yet, industry data show
Three-quarters of the European Union's electricity has been generated by CO2 emissions-free sources so far this year, making it the bloc's greenest power mix to date, industry data showed on Monday.
read more... 02/07/2024
Renault's EV unit Ampere teams up with LGES, CATL on battery technology
Renault's electric vehicle unit Ampere said on Monday it would include lithium iron phosphate (LFP) technology in its plans to mass produce EVs, teaming up with LG Energy Solution and CATL to build a supply chain in Europe.
read more... 02/07/2024
Daily (01.07.2024): French and German year-ahead power contracts soared on Friday tracking bullish carbon prices
Oil prices ended rather flat on Friday, after hitting their highest level in nearly two months, as traders continued to question the health of global oil demand. Consequently, Brent crude settled at $86.41 a barrel. WTI crude ended slightly lower at $81.54 a barrel.
read more... 01/07/2024
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EU countries not implementing power market reforms
The European Commission is taking infringement cases against 21 EU governments, for failing to adopt reforms to the electricity market as agreed in 2019, which are necessary to allow the grid to accommodate new renewable and electrical devices.
read more... 01/07/2024
Energy price cap comes into force
The energy price cap will be reduced to £1568 per year starting 1st July.
read more... 01/07/2024