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Italy boosts 2030 renewable capacity goal to 131 GW

Italy expects to reach 131 GW of renewable energy capacity by 2030, more than doubling the country’s current green power fleet, according to a revision of its climate and energy plan seen by Montel.

read more... 05/07/2023

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Dutch cabinet to play larger role in domestic energy transition

The Dutch government will play a bigger role in the country’s quest for climate neutrality by 2050, Climate and Energy Minister Rob Jetten (D66/Renew) stated during a press conference on Monday.

read more... 05/07/2023

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Daily (04.07.2023): Oil prices fell slightly on Monday as global macroeconomic concerns persist

On Monday, crude oil prices decreased amid global macroeconomic concerns and possible further interest rate hikes. Thus, Brent crude slipped by 0.3% to settle at $74.65 a barrel. Meanwhile, WTI crude dropped by 1.2% to end at $69.79 a barrel.

read more... 04/07/2023

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Portugal doubles 2030 goals for solar and hydrogen capacity

Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolysers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by 2040 and possibly become carbon neutral by 2045.

read more... 04/07/2023

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Italy aims to turn up renewable power to two thirds of total by 2030

Italy aims to generate nearly two thirds of its electricity from renewable energy sources by the end of the decade, the energy ministry said on Friday, slightly improving targets made public three years ago.

read more... 04/07/2023

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