Japan has been largely forgotten as a source of demand for energy commodities, overshadowed by the rapid rise of China, but the country’s new electricity generation targets will shake the market up.
read more... 23/07/2021
The demand for global electricity is growing faster than renewable energy capacity and therefore will require more power to be generated from fossil fuels.
read more... 19/07/2021
The European Investment Bank (EIB) is supporting the deployment of renewable energy and advanced meters as well as the upgrade of electricity distribution networks in Romania with a €120 million (£103m) loan.
read more... 16/07/2021
Oil prices dropped on Monday, on doubts over OPEC's ability to maintain production discipline and signs of reduced demand for black gold. Consequently, Brent crude slipped by 0.5% to $75.16 a barrel and WTI oil edged 0.6% lower at $74.10 a barrel.
read more... 13/07/2021
Lithuania’s electricity transmission system operator Litgrid has said it would slash threefold its electricity imports from Belarus as a step toward abandoning electricity intake from Russia and Belarus by 2025 and joining the European Union’s (EU) energy system.
read more... 07/07/2021