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Renewables roll-out in France too slow to meet EU targets

France saw a faster rate of renewables deployment from 2021, but things slowed down from 5.3 gigawatt (GW) to 4.5 GW between 2022 and 2023.

read more... 29/01/2024

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Equinor, Orsted bid for better contract in NY offshore wind auction

New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

read more... 29/01/2024

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Daily (29.01.2024): Oil and gas prices rose on Friday amid concerns over escalating tensions in the Middle East

Oil prices closed higher on Friday following an attack on a British tanker by Yemeni Houthi rebels, reigniting concerns about potential disruptions to Middle Eastern oil supplies. Consequently, Brent crude settled 1.4% higher at $83.55, while WTI crude ended at $78.01 per barrel, marking around a 1% daily gain.

read more... 29/01/2024

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Daily (26.01.2024): Oil prices surged to their highest levels since early December on the back of positive economic data from China and the U.S

Oil prices rose to their highest level since early December on Thursday, driven by encouraging economic data from the U.S. and stimulus actions in China. As a result, Brent crude ended at $82.43, while WTI crude closed at $77.36 per barrel, with both contracts jumping by about 3%.

read more... 26/01/2024

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EU electricity prices: Will 2024 mark the end of national tariff shields?

Electricity prices on the EU wholesale market have been on a downward trend in recent months, a development some governments see as an opportunity to remove subsidies introduced in response to the energy crisis, while others see as a bad signal for the energy transition.

read more... 26/01/2024

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