On Monday (18 March), the Council of the EU formally adopted a new law to protect energy consumers from wholesale market manipulation, aiming to strengthen surveillance of wholesale markets and guarantee open and fair electricity competition in the EU.
read more... 19/03/2024
Britain’s National Grid, opens new tab has proposed a 58 billion pound ($74 billion) investment programme to boost grid networks beyond 2030 to accommodate expected growth in electricity demand and an increase in renewable power projects.
read more... 19/03/2024
Romania expects to make a preliminary final investment decision next year on whether to build a small modular reactor plant (SMR), which could become Europe’s first project using the technology, Energy Minister Sebastian Burduja said on Monday.
read more... 19/03/2024
Oil prices increased by about 2% on Thursday, hitting their highest level in four months, boosted by new forecasts from the International Energy Agency (IEA) warning of potential supply shortages until year-end. The EIA report also revealed a notable 5.7-million-barrel decrease in gasoline stocks, the steepest decline since early November. Thus, the Brent crude oil stood at $85.42 a barrel, while WTI crude settled at $81.26 a barrel.
read more... 15/03/2024
The Romanian government will neither adopt its National Integrated Energy and Climate Change Plan before the expected 30 June deadline nor will the country meet the EU’s renewable energy targets, an energy ministry official said on Thursday.
read more... 15/03/2024