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MEPs sign off plan to raise EUR 20bn from EUA sales

The European Parliament approved raising EUR 20bn from EU carbon allowance sales to help fund its REPowerEU plan to cut the bloc’s dependence on Russian gas and oil quickly in a vote on Tuesday.

read more... 15/02/2023

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EU approves support for French floater

The European Commission has approved, under EU State aid rules, a French measure to support the first commercial-scale floating offshore wind farm in the country.

read more... 15/02/2023

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Germany’s Scholz woos key gas supplier in Belgium

Belgian Prime minister Alexander De Croo will meet with German Chancellor Olaf Scholz on Tuesday morning in Zeebrugge, the site of a massive LNG terminal, to discuss energy supply.

read more... 15/02/2023

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Daily (14.02.2023): British gas prices fell on Monday amid mild weather, higher Norwegian exports

Crude oil prices were little changed on Monday as traders waited for further details of Russia's planned production cut. Hence, Brent crude rose by 0.3% to settle at $86.61 a barrel. Meanwhile, U.S. WTI crude added 0.5%, to close at $80.14 per barrel.

read more... 14/02/2023

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Countries warn EU against 'crisis mode' overhaul of energy market

Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.

read more... 14/02/2023

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