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Swiss voters back law to boost renewable energy output
Swiss voters backed legislation to promote renewable energy in a referendum on Sunday, while rejecting separate proposals intended to contain rising healthcare insurance costs.
read more... 10/06/2024
Daily (07.06.2024): Oil prices surged by 2% amid speculation of imminent Fed rate cuts to stimulate demand
On Thursday, oil prices increased as investors were encouraged by the possibility that the US Fed might cut interest rates before the fourth quarter. This potential move is expected to boost oil demand in an otherwise oversupplied market. As a result, Brent crude stood at $79.87 per barrel, while WTI crude settled at $75.55, both contracts jumping by 2% day-on-day.
read more... 07/06/2024
Construction of Finnish pilot SMR plant to start in 2025
Steady Energy said it is set to start construction of its first LDR-50 district heating reactor pilot plant in Finland next year, with potential sites including the Finnish capital Helsinki and two other cities.
read more... 07/06/2024
European automakers racing to counter EV threat from China
Leading European automakers say they are growing increasingly anxious about the threat from low-cost Chinese electric vehicles but are optimistic they can defend their market share.
read more... 07/06/2024
Germany set to tender H2-ready plants from 2025
“I think things are moving quickly now, but that doesn’t mean we will have an auction scheduled this year,” the BNA’s vice president, Barbie Kornelia Haller, told a conference in Berlin organised by the country’s BDEW energy industry lobby.
read more... 07/06/2024