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Britain's Octopus Energy to invest $20 billion globally in offshore wind by 2030

Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday.

read more... 25/07/2023

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Daily (24.07.2023): The German day-ahead power price dropped by around 27% amid strong renewables and low demand

Crude oil prices increased on Friday following the announcement made by Russia and Saudi Arabia to reduce production and exports. Hence, Brent crude hiked by 1.8% to end at $81.07 a barrel.

read more... 24/07/2023

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Germany more flexible on hydrogen transition, emphasises speed

Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed and allowing greater leeway in transitioning from fossil fuels-based variants to renewables, a draft paper showed on Wednesday.

read more... 13/07/2023

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Pro-nuclear energy EU states ask for 'level playing field' with renewables

A group of pro-nuclear EU countries led by France will present a paper to the European Commission on Tuesday asking for a "level playing field" for nuclear energy in the bloc's fight against climate change, a draft of the paper seen by Reuters showed.

read more... 11/07/2023

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Italy plans to expedite green permitting

Italy’s energy ministry plans to roll out incentives in coming months to speed up approvals by local authorities for renewables developments in a bid to overcome current bottlenecks, a government source told Montel.

read more... 28/06/2023

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