Warsaw will have to pay €68 million in EU fines over the continued operation of the Turow coal mine despite court orders to the contrary, the EU’s lower court ruled, Wednesday (29 May).
read more... 30/05/2024
Oil prices extended their gains on Tuesday as investors anticipated an extension of production cuts at the upcoming OPEC+ meeting. Escalating geopolitical tensions further supported prices. Hence, Brent crude settled at $84.22 per barrel, while WTI Crude stood at $79.83 per barrel, with both contracts rising by 1.4% day-on-day.
read more... 29/05/2024
Europe’s electrolyser manufacturers are ceding ground to Chinese competitors, putting pressure on politicians to shield the emerging industry using the EU’s new industry law.
read more... 29/05/2024
Italy will include nuclear in its national energy and climate plan (NECP), with projections it could comprise about 10% of the country’s total installed capacity by 2040, an energy ministry official said on Tuesday.
read more... 29/05/2024
The European Commission has approved a €3.2bn Czech state aid scheme to support electricity production from high-efficiency combined heat and power (CHP) plants.
read more... 29/05/2024