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EU reaches deal on higher renewable energy share by 2030
The European Union reached a provisional deal on Thursday on higher renewable energy targets, an important pillar of the bloc's plans to fight climate change and end dependence on Russian fossil fuels.
read more... 30/03/2023
Italy To Unveil $5.4 Billion In Funds To Compensate Energy Costs For Consumers
Italy is set to outline its plan to dole out $5.4 billion in funds to cut the costs for energy consumers, government officials said on Tuesday.
read more... 30/03/2023
Daily (29.03.2023): Escalating concerns about French nuclear availability lent support to British forward gas prices on Tuesday
Oil prices gained ground on Tuesday, supported by renewed risk appetite among investors and the halt of oil imports from Iraqi Kurdistan by Turkey (around 450,000 barrels per day). Thus, Brent crude edged 0.7% higher to settle at $78.65 a barrel, while WTI crude added 0.5% to end at $73.20 a barrel.
read more... 29/03/2023
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Nuclear row threatens EU deal on renewable energy goals
European Union countries are split over whether to allow nuclear energy to contribute to meeting their renewable energy targets, a dispute threatening to delay one of the EU's main climate policies.
read more... 29/03/2023
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Finance risk could limit EU’s joint gas buying plans
Companies’ ability to use the EU’s joint gas buying platform could be limited by lack of access to the financial guarantees needed to underpin contracts, European Commission vice president Maros Sefcovic said on Tuesday.
read more... 29/03/2023