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EU reaches deal on power market reforms
EU negotiators have reached a deal on power market reforms intended to make prices less dependent on volatile fossil fuels and shield consumers from price spikes.
read more... 15/12/2023
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Parliament backs EU push for small nuclear reactors
The European Parliament backed the development of small nuclear reactors (SMRs) this week, a move welcomed by EU Energy Commissioner Kadri Simson, who has already called for a rapid turnaround of EU initiatives.
read more... 15/12/2023
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Global coal demand to decline by 2026
Global coal demand is anticipated to undergo a significant shift in the coming years, according to the latest International Energy Agency (IEA) annual coal market report.
read more... 15/12/2023
Daily (14.12.2023): Forward gas prices traded higher on Wednesday as colder weather forecasts counterbalanced ample supply
On Wednesday, oil prices rebounded, supported by a decline in US crude inventories and a more relaxed tone from the Federal Reserve. As a result, Brent crude ended at $74.26, and WTI crude settled at $69.47 per barrel, with both contracts recording gains of over 1%.
read more... 14/12/2023
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Norway cuts planned onshore wind tax rate to 25%
Norway's parliament has agreed to introduce a 25% resource tax on onshore wind from the start of next year, a reduction of 10 percentage points from the government proposal.
read more... 14/12/2023