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Italy's green transition efforts held back by lack of big solar projects
Italy's energy transition is building on a myriad of solar panels mounted on roofs, but the country has installed far fewer large plants than its neighbours, data seen by Reuters show, signalling hurdles on Rome's path to decarbonisation.
read more... 06/03/2024
Daily (05.03.2024): Gas and carbon prices extended their gains on Monday amid cold weather forecasts and reduced LNG flows
Oil prices retreated on Monday despite recent production cuts extensions declared by the OPEC+ members, as worries about demand outweighed. Consequently, the Brent crude oil fell by 1% to settle at $82.80 a barrel, while WTI crude tumbled by 1.5% to stand at $78.74 a barrel.
read more... 05/03/2024
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EU countries split over support for nuclear energy
European Union member states showed their divisions on nuclear energy policy on Monday, with one camp led by France promoting the technology and another, led by Austria and Germany, pushing to prioritise renewable energy sources instead.
read more... 05/03/2024
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‘We can’t close our borders’: Harsh solar industry protectionism off the table
Tariffs on Chinese solar panels look to be off the table as EU countries look towards drafting a declaration of support to their domestic solar industry while turning away from past measures like anti-dumping tariffs.
read more... 05/03/2024
Europe’s industrial decarbonisation at risk amid sharp drop in CO2 price
The sharp drop in the EU’s CO2 price, caused by high energy prices and political uncertainty, risks the carbon market’s credibility – and may become an obstacle to the bloc’s industrial decarbonisation.
read more... 05/03/2024