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France may split from EU on power market reform
France will reform its power market to protect domestic companies from price volatility on a national level if it cannot achieve its aims in the EU discussions, the country’s energy minister said on Tuesday.
read more... 31/08/2023
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Risk of EU gas price “surges” remain this winter
The recent rise in European gas prices due to the threat of curtailed Australian LNG supplies show the risk of price “surges” remain as winter approaches, think tank Ember said on Wednesday.
read more... 31/08/2023
Daily (30.08.2023): Crude oil prices rose by over 1% on Tuesday amid weaker dollar and concerns over energy supply
On Tuesday, crude oil prices moved upwards on weaker dollar and worries about the possible effects on energy supply and demand due to Hurricane Idalia, which is expected to hit Florida this week. Hence, Brent crude and WTI crude edged 1.3% higher to settle at $85.49 a barrel and $81.16 a barrel, respectively.
read more... 30/08/2023
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Fossil fuels' share in EU power mix at lowest level since records began
Fossil fuels produced just 33% of the EU's power in the first half of this year, the lowest share on record based on data going back to 1990, researchers said on Wednesday.
read more... 30/08/2023
Poland asks EU's top court to cancel three climate policies
Poland has filed legal challenges attempting to annul three of the European Union's main climate change policies, which the Polish government argues would worsen social inequality, documents published on Monday showed.
read more... 30/08/2023