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Major banks yet to match EU with nuclear green label
None of the world's 30 major banks have explicitly included nuclear energy in their criteria for issuing green or sustainability-linked bonds, researchers said on Thursday, despite an EU decision last year to label it as sustainable.
read more... 06/07/2023
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UK's National Grid and SSEN in JV for 2 GW electricity transmission project
Scottish and Southern Energy Networks (SSEN) said on Tuesday it had signed a joint venture agreement with Britain's National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea cable linking northern Scotland to England.
read more... 06/07/2023
Spain's People's Party proposes fee on renewable projects
Spain's main opposition People's Party (PP), which is leading in the polls ahead of the July 23 national election, would introduce a fee on renewable energy projects to pay for the administrative costs tied to them, it said on Tuesday.
read more... 06/07/2023
Daily (05.07.2023): Oil prices rose by 2% on Tuesday amid output cuts by Russia and Saudi Arabia
Crude oil prices rose on Tuesday following the announcement made by Russia and Saudi Arabia regarding further oil production cuts. Hence, Brent crude added 2.1% to settle at $76.25 a barrel. Meanwhile, WTI crude surged by 2.2% to end at $71.32 a barrel.
read more... 05/07/2023
Spain takes over EU power market reform challenge
Spain has taken over the EU’s power market reform challenge after Sweden failed to broker an informal agreement between the bloc’s members during the final three months of its presidency.
read more... 05/07/2023