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EU countries fail to agree energy reforms after coal subsidy clash
European Union countries failed on Monday to agree on planned new rules for the bloc's power market, having clashed over a proposal to extend subsidies for coal plants under the reform, and a push to expand state aid for other power plants.
read more... 20/06/2023
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Shell-led Dutch wind farm delivers first electricity
The first electricity has been produced from the large Hollandse Kust Noord offshore wind farm, companies running the project said on Monday.
read more... 20/06/2023
Europe in danger of losing EV battery race
Europe is in danger of losing the race to become a global battery powerhouse as access to raw materials remains a major roadblock along with rising costs and fierce competition, a report by the European Court of Auditors (ECA) said on Monday.
read more... 20/06/2023
Daily (19.06.2023): Crude oil prices extended gains on Friday amid stronger demand from China
Crude oil prices extended gains on Friday amid stronger demand from China. Ahead of a long weekend in the US, WTI crude traded 1.6% higher at $71.78 a barrel. Brent crude increased by 1.2% to settle at $76.61 a barrel.
read more... 19/06/2023
France mulls at least 8 reactors, solar boost in new policy
The French government is mulling building a minimum of eight new nuclear reactors and boosting targeted solar capacity from 100 GW to 140 GW by 2050, according to an official document seen by Montel on Thursday.
read more... 19/06/2023