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Italy’s energy groups set to benefit from green EU funds

Eni, Enel and other state-controlled Italian energy groups are due to benefit from a partial transfer of European Union funds to the REPowerEU scheme, credit rating agency DBRS said on Monday (24 July).

read more... 25/07/2023

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Britain's Octopus Energy to invest $20 billion globally in offshore wind by 2030

Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday.

read more... 25/07/2023

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Zaporizhzhia nuclear plant makes shutdown transition for maintenance

Operators carrying out maintenance at Ukraine's Zaporizhzhia nuclear plant have switched the shutdown mode of two reactors, the Moscow-installed administration of the plant, located on the war's front-line, said on Tuesday.

read more... 25/07/2023

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Daily (24.07.2023): The German day-ahead power price dropped by around 27% amid strong renewables and low demand

Crude oil prices increased on Friday following the announcement made by Russia and Saudi Arabia to reduce production and exports. Hence, Brent crude hiked by 1.8% to end at $81.07 a barrel.

read more... 24/07/2023

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Belgium, Engie agree to restart extended nuclear reactors from 2025

French energy company Engie and the Belgian government are set to sign contractual documents Friday, setting out the terms and conditions for restarting reactors Doel 4 and Tihange 3 in the winter of 2025.

read more... 24/07/2023

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