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Nine EU member states reject need for energy market reform or climate rethink
Nine EU member states have rejected suggestions from France and Spain that Europe's wholesale energy markets need reform in response to the current energy price crisis, they said in a joint letter ahead of an emergency meeting of EU energy ministers to be held Oct. 26.
read more... 26/10/2021
France sets EV output target in $35B industrial plan
French President Emmanuel Macron unveiled a 30 billion euro ($35 billion) plan to reverse years of industrial decline in the EU’s second-largest economy, including 4 billion euros for the transport sector to support electrified vehicles and other initiatives.
read more... 14/10/2021
France Bets On Nuclear, Hydrogen For Zero-Emission Power
France aims to become a leader in green hydrogen production and reinvent nuclear power by building a small modular reactor by 2030 as part of a wider $34.6 billion (30 billion euro) plan to decarbonize industry and slash emissions, French President Emmanuel Macron said on Tuesday.
read more... 13/10/2021
Daily (12.10.2021) Oil prices rose by 1.5% to hit multi-year highs on Monday amid surging demand
Crude oil prices rose to multi-year highs on Monday amid continued concerns over tightness in energy markets and the expectation of stronger oil demand due to gas to oil switching. Hence, Brent crude increased by 1.5% to settle at $83.65 a barrel. U.S. WTI crude added 1.5% to end at $80.52 a barrel.
read more... 12/10/2021
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RWE Greek joint venture targets 2GW solar
RWE Renewables has formed a joint venture in Greece with an initial solar project pipeline of 2GW.
read more... 08/10/2021