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UK considers removing VAT on battery storage installed after solar panels
The government has announced plans to consult on potential changes to VAT regulations for energy saving systems.
read more... 01/06/2023
Daily (31.05.2023): Oil prices plunged by about 5% on Tuesday, amid high Russian exports and slowing Chinese demand
Oil prices plunged by about 5% on Tuesday, amid high Russian exports and slowing Chinese demand with the prospect of a standstill at Sunday's OPEC+ alliance meeting. Hence, Brent crude settled at $69.46 a barrel. Meanwhile, WTI crude traded at $73.54 a barrel.
read more... 31/05/2023
France to launch its first electric vehicle battery factory
France will launch its first electric vehicle (EV) battery factory on Tuesday as President Emmanuel Macron moves ahead with his “reindustrialisation” plan for the country, Euractive reports.
read more... 31/05/2023
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UK ‘power dumping’ raises concerns over energy management
Energy data firm EnAppSys has raised concerns about National Grid ESO‘s actions, stating that power is “being dumped into Belgium and the Netherlands“.
read more... 31/05/2023
Portugal's first offshore wind auction aims for more than 1 GW
Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.
read more... 31/05/2023