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Power subsidies key to Germany’s green transition
Germany’s green transition will require energy price subsidies to be realised, said economy minister Robert Habeck on Wednesday.
read more... 22/02/2024
European LNG consumption to peak in 2025
LNG demand in the EU, the UK, Turkey and Norway will peak in 2025 at 169bcm and drop to 133bcm by 2030, the Institute of Energy Economics and Financial Analysis (IEEFA) said on Wednesday.
read more... 22/02/2024
UK urged to increase offshore wind capacity
Energy UK‘s latest analysis has emphasised the critical need for a substantial rise in offshore wind capacity during the next two Contracts for Difference (CfD) auctions.
read more... 22/02/2024
Daily (21.02.2024): British near-term gas prices turned bullish on Tuesday due to reduced Norwegian flows and stronger demand
On Tuesday, oil prices fell due to concerns over a recession and weaker demand. Brent crude dropped by 1.5% to $82.34, while WTI Crude decreased by approximately 2% to $77.04, despite potential supply disruptions caused by the ongoing political conflict in the Middle East.
read more... 21/02/2024
The Belgian Presidency’s plan to unblock the EU’s energy taxation directive
Euractiv got hold of the Belgian Presidency’s plan to unblock the EU Energy Taxation Directive, which is currently stuck because of the unanimity rule applying to tax matters.
read more... 21/02/2024