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Work starts on key German wind power energy line
Construction work has started on the long-delayed 700-kilometre (430-mile) power line that will transfer wind-generated electricity from northern to southern Germany, the economy ministry said Monday, pushed by an energy crisis.
read more... 12/09/2023
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French bank launches PPA guarantee scheme
French state-owned bank Bpifrance has launched a guarantee scheme aimed at helping industrial consumers sign up to 500 MW of cumulative long-term power purchase agreements (PPAs).
read more... 12/09/2023
Daily (11.09.2023): European carbon prices plunged to their lowest level in three months on Friday, amid abundant supply and sluggish demand
Oil prices resumed their upward trend on Friday, boosted by the low level of US crude inventories, further tightening a market already worried about supply shortages. As a result, Brent crude edged 0.8% higher at $90.65 a barrel, while WTI crude rose by 0.7% to $87.51 a barrel.
read more... 11/09/2023
EU commission chief asks G20 to join global carbon pricing
The European Commission president asked G20 leaders on Saturday to join a proposal to set up global carbon pricing.
read more... 11/09/2023
Offshore wind drops out of UK auction on costs, risking climate goals
Offshore wind developers stayed away from Britain's latest renewable energy auction on Friday, arguing the price offered by the government did not reflect rising industry costs, something which is hampering wind projects globally.
read more... 11/09/2023