Germany on Wednesday halted a subsidy scheme less than 24 hours after it was launched due to strong demand for the payments to install rooftop solar panels, storage and charging points, highlighting questions about the effectiveness of one-off subsidies in the switch to green energy.
read more... 28/09/2023
Crude oil prices continued the slightly but steady rise on Tuesday due to concerns regarding supply-demand crunch. However, macroeconomic fears have limited the upward trend. As a result, Brent crude traded 0.7% higher at $93.96 a barrel. Meanwhile, U.S. WTI crude rose by 0.8% to $90.39 a barrel.
read more... 27/09/2023
The EU needs to invest heavily in electricity storage, according to the European Commission – an idea supported by Polish electricity company Tauron, which proposes creating a European energy storage bank.
read more... 27/09/2023
British and European Union officials will meet on Wednesday to discuss post-Brexit plans to slap a tariff on electric vehicles from the U.K., as a deadline on whether to delay the move nears.
read more... 27/09/2023
Britain said on Tuesday it would work closely with Germany to underpin the international trade in hydrogen under a new partnership, which the government hopes will support its net zero target and bolster energy security.
read more... 27/09/2023