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The UK has clarified its energy goal for 2030, aiming for 95% of its power to come from green sources.
On Thursday, Labour released a statement introducing its "Plan For Change," claiming the party is on course to achieve "at least 95%" clean energy by 2030.
read more... 06/12/2024
Daily(05.12.2024) Energy prices softened on Wednesday, driven by milder weather and the absence of bullish factors in the market
Oil prices declined on Wednesday, driven by weak demand data from the United States, which raised concerns over a potential market imbalance. Brent crude fell to $72.31 per barrel, while WTI crude dropped to $68.54 per barrel, both declining by about 2%.
read more... 05/12/2024
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The supply of Russian oil through the Druzhba pipeline to the Czech Republic is still suspended.
The supply of crude oil from Russia to the Czech Republic through the Druzhba pipeline was still stopped on Thursday, according to a spokesperson from Czech refiner Unipetrol, who spoke to Reuters.
read more... 05/12/2024
France's political woes may trigger fresh Europe energy crisis
The collapse of France's government on Wednesday could have far-reaching consequences for Europe's energy markets and send regional electricity costs soaring.
read more... 05/12/2024
Hinkley Point C installs UK’s first nuclear reactor in 30 years
The Hinkley Point C nuclear power station in Somerset, southwest England, has achieved a significant milestone with the installation of Britain’s first new nuclear reactor in more than 30 years.
read more... 05/12/2024