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UK to remove cost exemptions for imported green energy, to stop recognizing EUGOs

The UK Government is set to end exemptions for imported green energy in Feed-in Tariffs and Contract for Difference schemes with a target date pending legislation of April 1, 2023, it said in an update to a consultation on the move posted on its website July 27.

read more... 29/07/2022

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Germany set to impose gas levy on consumers to support ailing importers

Germany is set to impose a levy on all gas consumers from Oct. 1 aimed at helping suppliers struggling with soaring gas import prices, a draft law showed on Thursday.

read more... 29/07/2022

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Daily (28.07.2022): Crude oil prices surged on Wednesday due to reports of lower US stocks

Crude oil prices surged on Wednesday following reports of lower US stocks and a reduction in Russian gas exports to Europe, which counterbalanced worries about weakening demand and higher interest rates in US. As such, WTI crude rose by 2.4% to settle at $97.26 per barrel, Brent crude ended 2.1% up at $106.62 a barrel.

read more... 28/07/2022

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Acciona Energía signs PPA with Fortia for renewable energy

Acciona subsidiary Acciona Energía has signed a framework agreement with energy management platform Fortia to deliver 1TWh of renewable power a year for a period of five to ten years.

read more... 28/07/2022

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Russia cuts gas flows further as Europe urges energy saving

Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for the bloc to fill up storage ahead of the winter heating season.

read more... 28/07/2022

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