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Germany’s North-South renewables divide is intensifying

Germany, a world leader in renewable energy, is heavily divided between the North, where most wind power is installed, and the South, which leads in solar photovoltaic (PV) installations.

read more... 31/10/2022

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Poland picks U.S. offer for its first nuclear power plant

U.S. firm Westinghouse Electric Co will build Poland's first nuclear power plant, Prime Minister Mateusz Morawiecki said on Friday, confirming a long-awaited decision aiming to reduce the country's carbon emissions and phase out coal.

read more... 31/10/2022

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Germany set to attach conditions to gas price 'brake'

The German government is likely to insist companies that benefit from a planned "brake" on gas prices meet conditions, such as staying in the country or preserving 90% of the jobs they provide for a year, sources familiar with matter told Reuters.

read more... 31/10/2022

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Daily (28.10.2022): Oil prices extended gains amid increasing US crude exports and rising global demand.

Oil prices surged on Thursday, boosted by increasing US crude exports and rising global demand. Consequently, Brent crude ended at $96.96 a barrel, and WTI oil rose by 1.3% to $89.08 a barrel.

read more... 28/10/2022

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Swedish grid operator proposes $5 bln power price subsidy

Sweden's national power grid operator proposed on Thursday that the government spend 55 billion Swedish crowns ($5.05 billion) this year on subsidies to households and businesses hit by unusually high energy costs.

read more... 28/10/2022

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