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Japan's JERA to buy Belgium's top offshore wind company for $1.7 bln

Japan's top utility JERA has agreed to buy Parkwind, Belgium's largest offshore wind platform, for 1.55 billion euros ($1.7 billion), as it expands in renewable power to meet decarbonisation goals.

read more... 23/03/2023

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Daily (22.03.2023): Spot electricity prices in Europe tumbled on Tuesday, driven by surging wind output and weak demand

Oil prices continued to gain ground on Tuesday, supported by a return of risk appetite amid easing concerns about turmoil in the banking sector. Thus, Brent crude rose by 2% to $75.32 a barrel.

read more... 22/03/2023

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French parliament votes nuclear plan with large majority

France's parliament voted in favour of the government's nuclear investment plan with a large majority on Tuesday, a day after the government narrowly survived a no-confidence vote over its pension reform plan.

read more... 22/03/2023

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Seven countries reject nuclear-derived hydrogen from EU renewables law

A group of seven EU countries led by Germany have rejected calls to incorporate nuclear-made hydrogen into the bloc’s green transport targets, reigniting a dispute with France that has held back an agreement on the bloc’s renewable energy directive.

read more... 22/03/2023

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Record $63 billion raised from carbon allowance sales in 2023

Governments globally raised a record $63 billion from the sale of carbon allowances in emission trading systems in 2022, as many countries increased ambitions to cut pollution despite record high energy prices following Russia’s invasion of Ukraine, a report said on Wednesday.

read more... 22/03/2023

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