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UK unveils landmark electricity market reform
Energy Secretary Claire Coutinho is set to announce reforms in electricity markets, aiming to potentially save households £45 annually and unlock £35 billion in savings over two decades
read more... 11/03/2024
Daily (08.03.2024): Forward gas prices tumbled by over 2% on Thursday amid ample supply and high inventory levels
Oil prices exhibited a stable-to-bearish trend on Thursday due to consistent demand from Asia, despite possible supply disruptions caused by OPEC+ decision and the ongoing political turmoil in the Middle East. As a result, Brent crude remained steady at $82.96, while WTI Crude experienced a slight decrease of approximately 0.3% to settle slightly below $79.
read more... 08/03/2024
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Italy presses ahead with nuclear as energy transition tool after 30-plus-year hiatus
The Italian Chamber of Deputies will launch a major inquiry into how nuclear energy could help Italy reach its energy transition goals, a significant step as the country remains the only G7 nation not operating nuclear power stations, having shut down the last plant over 30 years ago.
read more... 08/03/2024
EU OKs 3 bln euro Romanian renewable energy aid scheme
The European Commission said it has approved a 3 billion euro ($3.27 billion) Romanian state aid scheme to support onshore wind and solar photovoltaic installations.
read more... 08/03/2024
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Departing from coal: Poland’s new energy roadmap
The election of a new government in Poland has enabled the country to tackle its coal-dependent energy system and bring the country in line with EU climate change targets.
read more... 08/03/2024