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UK government commits 32 mln pounds for floating wind projects
The British government said on Tuesday it will commit nearly 32 million pounds ($42 million) to fund the development of floating offshore wind projects to help lessen its dependence on gas, the price of which has increased sharply.
read more... 25/01/2022
Germany calls for taxonomy changes, EU27 move forward on energy crisis reaction
Germany has called for changes to the European Commission's draft sustainable finance taxonomy guidelines on nuclear and gas, while EU energy ministers have made some progress in informal talks on guarding against future gas price spikes.
read more... 25/01/2022
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EU in touch with partners to boost gas supplies
The European Union is talking with partners about the potential for increasing gas supplies to the bloc, Energy Commissioner Kadri Simson said after a meeting with European energy ministers in France on Saturday.
read more... 25/01/2022
Daily (24.01.2022): Increased tensions at the border between Russia and Ukraine sent gas markets higher on Friday
Crude oil prices extended losses on Friday, pressured by declining stock markets in New York. Nevertheless, tensions between the United States and Russia over the situation in Ukraine capped losses. Thus, Brent oil edged 0.6% lower at $87.89 a barrel and WTI crude slipped by 0.5% to $85.14 a barrel.
read more... 24/01/2022
Poland's PGE plans share issue to fund coal-to-gas switches, solar, wind development
Polish utility PGE is planning to raise Zloty 3.2 billion ($800 million) through a share issue to partially finance coal-to-gas switching and the development of its onshore wind and solar PV portfolio, as well as modernize its distribution network, it said Jan. 19.
read more... 20/01/2022