Latest news
EU Commission urges France to raise renewables target to ‘at least 44%’
The EU’s energy commissioner, Kadri Simson, has urged France to raise its renewable energy target to “at least 44%” by 2030, warning it would consider taking “steps” at EU level in case of persistent shortcomings.
read more... 16/02/2024
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Italy awaits EU clearance on $5.2 bln tariff to cover gas storage costs
Italy's energy authority is awaiting clarity from the European Union on whether a planned tariff to cover costs of gas storage filling, potentially worth 4.8 billion euros ($5.18 billion), is in compliance with the single market rules, two sources said on Thursday.
read more... 16/02/2024
Daily (14.02.2024): European carbon prices continued their downward trend on Tuesday amid selling pressure and bearish energy complex
Oil prices finished higher on Tuesday, despite a disappointing inflation report from the United States, which some saw as a sign that demand remains sustained. Hence, Brent crude rose by about 1% to settle at $82.77 a barrel, while WTI crude increased by more than 1.2% to stand at $77.87 a barrel.
read more... 14/02/2024
Energy price cap expected at £1,550 for April
BFY Group predicts a drop in the energy price cap for April, estimating it to be around £1,550
read more... 14/02/2024
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France stalling over EDF wholesale tax
The government was mulling scrapping any reference to the tax from its draft energy sovereignty bill, which it had initially planned to table at the beginning of the month but had now postponed, said the MPs from the government’s ruling Renaissance party, confirming a report in French daily La Tribune.
read more... 13/02/2024