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COP28 plan to triple renewables is doable, but not easy
More than 100 countries at the COP28 climate summit in Dubai have agreed to triple renewable energy capacity by 2030 - one of the least controversial commitments floated at the conference.
read more... 12/12/2023
Daily (11.12.2023): Oil prices rebounded by over 2% on Friday following Russo-Saudi meeting
Oil prices rebounded on Friday following a meeting between Russian President and Saudi Crown Prince, where they emphasized the importance of energy cooperation and the need for all countries to adhere to the OPEC+ agreement. Consequently, Brent crude ended at $75.84 per barrel, while WTI crude closed at $71.23 per barrel, both contracts jumping by more than 2%.
read more... 11/12/2023
EU strikes deal on new hydrogen grid supervisory body
EU legislators on Friday (8 December) struck a political agreement on the final piece of the Union’s hydrogen policy, establishing a grid planning body that will gradually become independant from existing gas network operators.
read more... 11/12/2023
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Poland approves construction of SMR nuclear units at six sites
Poland has given the green light for the construction of 24 new small modular reactor (SMR) units across six sites, executives of the company that will build the nuclear facilities said on Thursday, as Warsaw looks to reduce its use of fossil fuels.
read more... 08/12/2023
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Poland's lawmakers vote in favour of energy bill in early test of green shift
Poland's parliament on Wednesday voted in favour of an amended bill to freeze energy prices put forward by Donald Tusk's newly-formed coalition as it seeks to tackle an early challenge to its policies to introduce greener energy and replace coal.
read more... 07/12/2023