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Daily (17.07.2024) European spot electricity prices surged due to decreased wind energy generation.
Oil prices continued to decline on Tuesday, weak economic signals from China, the world's largest crude oil importer. Consequently, Brent crude decreased by just over 1.3% to end at $83.73 a barrel, while WTI crude fell by 1.4% to settle at $80.76 a barrel.
read more... 17/07/2024
Serbia signs MoU to develop domestic nuclear industry
Serbia’s Minister of Mining and Energy, representatives of five other ministries, and 20 academic faculties, energy companies and scientific institutes have signed a memorandum of understanding (MOU) on the development of nuclear energy in Serbia.
read more... 17/07/2024
France aims to almost double renewables usage by 2030
The plan sets a goal of boosting the renewables share of total energy consumption to 570 TWh, compared with the total 1,381 TWh. By Montel estimates, this should equate to 41% of the total.
read more... 15/07/2024
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Italy eyes 10 GW hybrid solar potential
For instance, the country could add 5 GW of solar capacity to the existing 13 GW wind fleet, extending to 10 GW and 26 GW, respectively, based on Italy’s 2030 energy roadmap, said Roberto Pasqua, South and East Europe executive director of EDP Renewables.
read more... 15/07/2024
EU considers allowing faster energy tax cuts if prices jump
The European Union may make it easier for governments to slash energy tax rates if prices jump unexpectedly, under draft proposals countries are discussing to overhaul the taxes in the bloc.
read more... 15/07/2024