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Europe gets ready to revamp its electricity market
European Union energy ministers meet on Monday to debate upcoming power market reforms. Brussels is set to propose the revamp next month, but already countries are split over how to "fix" the energy system - or whether it needs fixing at all.
read more... 27/02/2023
EU carbon hits record 100 euros as cost of polluting soars
The price of permits on the European Union's carbon market hit 100 euros ($106.57) per tonne for the first time on Tuesday, a milestone that reflects the increased costs that factories and power plants must pay when they pollute.
read more... 27/02/2023
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Vattenfall urges EU to make green power investments attractive
Swedish utility Vattenfall on Monday called on European Union lawmakers to make investments in low carbon electricity production and transport attractive, warning that putting limits on prices and profits could be toxic.
read more... 27/02/2023
Daily (24.02.2023): Brent crude increased on Thursday amid hopes for stronger Chinese demand and a decline in Russian output
Oil prices recovered on Thursday, supported by hopes for a Chinese economic recovery and expected declines in Russian production. Despite a surge in U.S. inventories, Brent crude oil jumped by 2%, to settle at $82.21 per barrel.
read more... 24/02/2023
Recapturing excess heat could power most of Europe
Excess heat produced across Europe could almost power the entire region but preventing this waste is largely being ignored as a solution to the energy crisis, say environmental experts.
read more... 24/02/2023