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EU Council approves final regulation on priority EU energy projects

The EU Council on May 16 adopted the revised regulation on funding for priority EU energy projects, the final step in the TEN-E approval process that defines the projects that will allowed to be subsidized under the Projects of Common Interest (PCI) program.

read more... 17/05/2022

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Berlin pushes for a €60 minimum price on EU carbon markets

Discounting allegations of speculation on the EU carbon market, Berlin is throwing its weight behind a minimum price of €60 per tonne of CO2, saying it will ensure this through national measures if the EU does not take action.

read more... 17/05/2022

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(Daily 16.05.2022): NBP spot price rose by around 33% due to weaker LNG send-out

Concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 3.8% to $111.55 a barrel on Friday.

read more... 16/05/2022

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UK's energy regulator proposes quarterly reviews of price cap

Britain's energy regulator Ofgem said on Monday it planned to review a price cap on consumer bills every quarter rather than twice a year to reflect the volatile price swings in the market.

read more... 16/05/2022

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Slovakia to develop geothermal energy to lower Russian energy dependency

Efforts to lower dependence on Russian energy is speeding up local geothermal projects in Slovakia that had been gaining traction before the invasion of Ukraine.

read more... 16/05/2022

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