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Spain's Iberdrola to invest $47 bln in energy transition in 2023-25
Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two years, its chairman said in a strategy update on Wednesday.
read more... 10/11/2022
Daily (09.11.2022): German and French year-ahead electricity prices fell due to positive prospects in power generation
Tuesday saw a decrease in oil prices due to growing worries about fuel consumption as COVID-19 outbreaks escalated in the world's biggest crude importer China. Prices were also affected by uncertainty related to the results of the US midterm elections. As such, the Brent crude price settled 2.6% down at $95.36 a barrel. WTI crude fell by 3.1% to $88.91 a barrel.
read more... 09/11/2022
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Poland’s power grid needs €25 billion upgrade for renewables
Poland’s electricity network requires a major investment of at least €25 billion to enable the transition away from coal towards renewables and nuclear energy, according to a recent report on Poland’s energy transition.
read more... 28/10/2022
Brussels cautions against EU-wide gas price cap for electricity
European Union countries’ energy ministers meet on Tuesday (25 October) to discuss options to cap EU gas prices, with countries still split over whether and how to do this after discussing it for weeks.
read more... 26/10/2022
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Greece proposes power link to Austria, Germany
Greece has proposed building a cable that will carry electricity produced by renewables to Austria and southern Germany, its Energy Minister said on Thursday.
read more... 21/10/2022