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Daily (09.10.2024): European carbon prices hovered at six-months low on Tuesday, tracking lower gas

Oil prices dropped by 4.6% on Tuesday, driven by a struggling Chinese economy and the lack of escalation from Israel towards Iran, which softened tensions in the Middle East. Brent crude closed at $77.18 per barrel, while WTI crude settled at $73.57 per barrel.

read more... 09/10/2024

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Belgian regulator approves TSO’s new balancing rules

The changes come after a public consultation in April. They are aimed at aligning the rules with the manual frequency restoration reserve and the automatic frequency restoration reserve offered on the Picasso platform.

read more... 09/10/2024

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Korea, Czech Republic team up on hydrogen production

Korea Hydro & Nuclear Power (KHNP) has agreed to cooperate with Hydrogen Technology Platform (HYTEP) on the development and exchange of information on the production of hydrogen, including through the use of nuclear technology.

read more... 09/10/2024

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RWE and TotalEnergies partner for 4GW offshore wind projects

German energy company RWE has partnered with TotalEnergies to develop two offshore wind projects with a combined capacity of 4GW off the German coast.

read more... 09/10/2024

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Sweco to design one of Europe's largest battery energy storage systems in Belgium

Swedish engineering consultancy company Sweco said it would design one of Europe's largest battery energy storage systems, called Green Turtle, in Belgium. Sweco is designing the battery park on behalf of the company GIGA Storage Belgium.

read more... 08/10/2024

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