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Renewable energy growth must accelerate to reach 2030 goal
Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then agreed at United Nations' climate talks, the International Energy Agency (IEA) said.
read more... 11/01/2024
EC clears EUR-2.9bn French tax credit scheme for green industries
The European Commission (EC) on Monday approved, under state aid rules, a EUR-2.9-billion (USD 3.17bn) French tax credit scheme to support the production of solar panels, batteries, wind turbines and heat pumps, as well as associated key components and critical raw materials.
read more... 10/01/2024
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Austria boasts Europe’s second-greenest power sector in 2023
Austria generated 87% of its power from renewable sources in 2023 following record years of solar panel expansion, putting it behind Luxembourg in the EU rankings.
read more... 08/01/2024
EIB offers $242m for Polish power network upgrade
The European Investment Bank (EIB) has agreed to provide $242m (€219m) to modernise Poland’s electricity distribution network Enea.
read more... 02/01/2024
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OPEC’s Influence on Oil Prices To Remain Significant In 2024
At their latest meeting in early December, the Organization of Petroleum Exporting Countries and its partners, led by Russia, agreed to reduce their combined production of crude oil to some 2.2 million barrels daily.
read more... 02/01/2024