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Germany adds 60% more onshore wind power in H1 but pace seen too slow
Germany added 60% more onshore wind capacity in the first half of 2023 than a year earlier at a total of 1,565 megawatts (MW), but needs far more to reach its 2030 target, wind industry lobbies said on Tuesday.
read more... 19/07/2023
EU strikes gas, hydrogen deal with Argentina
The European Commission has signed a non-binding agreement with Argentina to facilitate a stable supply of liquefied fossil gas (LNG) to Europe in exchange for cooperation on green energy and Buenos Aires reigning in gas leakage.
read more... 19/07/2023
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Daily (18.07.2023): Spot electricity prices in Europe rebounded by more than 200% on Monday, amid plummeting wind and solar output
On Monday, oil prices declined for the second consecutive day as traders grew more skeptical about the resilience of China's economic rebound in the absence of government assistance. Consequently, WTI crude experienced a 1.7% drop , reaching $74.15 per barrel. At the same time, Brent crude also declined by 1.7%, settling at $78.50 per barrel.
read more... 18/07/2023
France to raise regulated household electricity prices by 10% from August
The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official told Reuters on Tuesday, confirming a report from newspaper Les Echos.
read more... 18/07/2023
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Baltic states set to decouple from Russian power grid in early 2025
The Baltic states are set to decouple from the Russian power grid in early 2025 despite calls from Lithuania for an earlier exit, Estonian Prime Minister told Reuters.
read more... 18/07/2023