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Austria plans 1.7 billion euro package to cushion energy price rises
Austria is introducing a 1.7 billion euro ($1.9 billion) package of measures to help households deal with rising energy costs, Chancellor Karl Nehammer said on Friday.
read more... 31/01/2022
Daily (28.01.2022): European forward power prices were bullish on Thursday amid strong gas and CO2 markets
Crude oil prices eased on Thursday on the back of a stronger US dollar, but investors remained focused on the threat of a Russian attack on Ukraine and concerns over potential supply disruptions. As such, Brent crude fell by merely 0.7% to settle at $89.34 a barrel. At the same time, the American WTI crude price lost 0.9% at $86.61 a barrel.
read more... 28/01/2022
RWE signs concession for Denmark’s 1 GW Thor offshore wind project
German energy major RWE AG has signed a concession agreement with the Danish Energy Agency for the construction of the 1-GW Thor wind project off the Danish west coast.
read more... 28/01/2022
EU to invest Eur1 billion in Green Deal cross-border energy infrastructure
EU member states have agreed to invest Eur1.037 billion ($1.16 billion) in cross-border energy infrastructure projects, with two-thirds of funds under the Connecting Europe Facility allocated to a subsea electricity interconnector to Cyprus, the Commission said Jan. 26.
read more... 28/01/2022
Renault-Nissan-Mitsubishi Alliance to invest Eur23 bil over five years to support electrification
An alliance between automakers Renault Group, Nissan Motor Co. and Mitsubishi Motors will invest Eur23 billion ($25.7 billion) over five years to support its electrification strategy, they said Jan. 27.
read more... 28/01/2022