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EU risks power grid imbalance in post-2030 heat
The EU needs contingency plans to maintain power grid balance from 2030, when the share of renewables in the power mix will be much higher and the risk of summer heatwaves more frequent, an expert told Montel on Wednesday.
read more... 03/08/2023
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EU must address wasted green energy and negative prices
The European Union needs to address curtailment wasting solar power potential and negative prices hitting the revenues of projects, a group of solar and renewable energy associations told the European Commission on Tuesday (1 August).
read more... 03/08/2023
First turbine installation begins at world’s largest offshore wind farm
The installation campaign for the first of 277 turbines at the massive Dogger Bank Wind Farm will start this weekend
read more... 03/08/2023
Daily (02.08.2023): European carbon prices hit a seven-week low on Tuesday amid heavy selling
Oil prices retreated on Tuesday, affected by a further acceleration in the dollar and a disappointing Chinese indicator: China’s industrial activity contracted in July to its lowest level for six months, while economists were expecting a slight expansion. Thus, WTI crude ended 0.5% lower at $81.37 a barrel, while Brent crude fell by 0.8% to settle at $84.91 a barrel.
read more... 02/08/2023
Germany hails breakthrough in EU talks on power plant plans
Germany's economy minister said on Tuesday Berlin had made a "breakthrough" in its talks with the European Commission on plans for new hydrogen and gas power plants, but has yet to agree on how they will be subsidised.
read more... 02/08/2023