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Timing opportune for European renewable power supply deals

Prices of European power purchase agreements (PPA) for green electricity fell 2% in the fourth quarter of 2023, making a case for buyers to strike new deals ahead of an expected rise in demand, price tracking platform LevelTen said on Thursday.

read more... 02/02/2024

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Italy plans car-sales incentives worth $1.1B in 2024

Italy will provide subsidies worth almost 1 billion euros ($1.1 billion) this year to support car purchases and the transition to less polluting vehicles, an industry ministry official said on Thursday.

read more... 02/02/2024

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Daily (01.02.2024): Carbon prices extended their gains on Wednesday, supported by colder weather and rising gas prices

Oil prices declined on Wednesday, weighed by a sluggish Chinese economy despite the many ongoing tensions around the world. As a result, Brent crude fell by about 1.4% to settle at $81.71, while WTI crude tumbled by about 2.5% to close at $75.85 per barrel.

read more... 01/02/2024

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Czechs ask French, S.Korean firms for binding bids for up to 4 nuclear blocks

The Czech government said on Wednesday it would seek binding bids to build up to four nuclear power plant units instead of one, widening a long-running tender aimed at keeping nuclear power a big part of the country's energy mix in the coming decades.

read more... 01/02/2024

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British regulator awards North Sea oil and gas licences

Britain's oil and gas regulator on Wednesday awarded 24 new hydrocarbon exploration licences to 17 companies as part of efforts to extend production in the ageing basin.

read more... 01/02/2024

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