Latest news
Daily (09.02.2022): European spot electricity prices spiked on Tuesday amid French nuclear output cut
Oil prices extended losses on Tuesday as the progress of nuclear deals between Washington and Tehran could result in more Iranian oil supply on the market. Hence, Brent crude fell by $1.91, or 2.1%, to settle at $90.78 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude dropped by $1.96, or 2.1%, to settle at $89.36.
read more... 09/02/2022
.jpg)
EU, US pledge gas cooperation as tensions rise over Ukraine
The United States and the European Union pledged on Monday (7 February) to work to ensure gas supplies can respond to disruptions in pipeline gas flows, as tensions rise over the massing of troops on Ukraine’s borders by Russia, Europe’s biggest gas supplier.
read more... 09/02/2022
Daily (08.02.2022): Oil prices retreated from seven-year highs on Monday amid nuclear talks between the US and Iran
Oil prices took a breather on Monday amid a lack of new signals. However, the market kept an eye on the talks between the US and Iran that could lead to a potential lifting of the sanctions against the Iranian oil industry. Hence, Brent crude lost 0.6% to settle at $92.69 a barrel. U.S. WTI crude decreased by 1.1% to close at $91.32 a barrel.
read more... 08/02/2022
France to invest €5.6bn to decarbonise industry
A total of €5.6 billion will be allocated to decarbonising industry as part of the France 2030 plan, French Prime Minister Jean Castex announced on Friday (4 February) during a visit to the ArcelorMittal site in Dunkirk. EURACTIV France reports.
read more... 08/02/2022
Catalonia plans to reach 62 GW of renewables under 2050 energy strategy
The Catalan government on Friday presented its 2050 energy road map, saying the region will need to install 12 GW of new renewables by 2030 and reach close to 62 GW of installed capacity by mid-century to achieve energy independence and a full decarbonisation of its electricity system.
read more... 08/02/2022