Latest news
Egyptian solar and wind to boost Britain’s energy supply
Britain will reportedly import electricity generated by solar and wind farms located in the sun-soaked landscapes of Egypt.
read more... 25/09/2023
Daily (21.09.2023): European spot electricity prices soared by over 100% on Wednesday amid a sharp decline in wind output
Oil prices dropped on Wednesday, driven by profit-taking and the continuing offensive stance of the US Federal Reserve, with doubts about the robustness of demand. As a result, Brent crude fell by 1.7% to settle at $89.66 a barrel, while WTI crude stood at $93.53 a barrel, down 1% day-on-day.
read more... 21/09/2023
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Europe's power industry warns ageing grids risk green goals
Europe's electricity industry has warned that unprecedented investments are needed to upgrade ageing electricity grids, or the EU will fail to meet its clean energy targets.
read more... 21/09/2023
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Berlin considers slashing electricity tax by 95% to boost heat pump uptake
Germany may slash electricity taxes to near-nothing amid flagging heat pump sales, a move backed by liberal and conservative politicians as well as the renewable energy lobby.
read more... 21/09/2023
French power tariffs could rise by 10% in early 2024
French electricity tariffs could rise by up to 10% in early 2024, the country's energy regulator said on Thursday, while cautioning it was too early to say exactly how much inflation-hit consumers will have to pay to keep the lights on next year.
read more... 15/09/2023