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Seven EU countries oppose new EU funding as response to US subsidy plan
Plans by the European Commission to create new European Union funding for the green industry are facing mounting opposition in the 27-nation bloc, as seven EU countries openly rejected the idea in a letter to the EU executive.
read more... 27/01/2023
Slovenia introduces new set of energy price caps
The government has introduced a new cap on natural gas prices in district heating systems for users such as schools and community health centres in what is yet another in a long series of price caps that have become the government’s go-to tool to fight high energy prices.
read more... 27/01/2023
Daily (26.01.2023): European carbon allowances soared on Wednesday after the strongest UKA auction in a year.
Oil prices were steady on Wednesday as US crude inventories rose less than expected, while the upcoming EU embargo on Russian refined products remains a major source of concern for the market. As a result, Brent crude oil went slipped to $86.12 a barrel, while WTI Crude settled at 80.15 USD/bbl.
read more... 26/01/2023
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UK must review decision to block UK-France power cable project
Britain must review its refusal to grant development consent for a high-voltage undersea power cable project linking Britain and France, London's High Court ruled on Tuesday.
read more... 26/01/2023
Norway plans to offer record number of Arctic oil, gas exploration blocks
Norway on Tuesday said it plans to offer energy firms a record number of oil and gas exploration blocks in the Arctic as it seeks to prolong its hydrocarbon production, while green campaigners criticised the risk to the environment.
read more... 26/01/2023