On Monday, oil prices declined for the second consecutive day as traders grew more skeptical about the resilience of China's economic rebound in the absence of government assistance. Consequently, WTI crude experienced a 1.7% drop , reaching $74.15 per barrel. At the same time, Brent crude also declined by 1.7%, settling at $78.50 per barrel.
read more... 18/07/2023
Wind and solar projects are on track to account for more than a third of the world's electricity by 2030, signalling that the energy sector can achieve the change needed to meet global climate goals, a report by the Rocky Mountain Institute (RMI) said on Thursday.
read more... 17/07/2023
Germany added a record 8 GW of solar and wind power capacity in the first six months of 2023, up around two thirds year on year, think-tank IWR said, based on data from the BNEtzA registry.
read more... 11/07/2023
Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolysers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by 2040 and possibly become carbon neutral by 2045.
read more... 04/07/2023
Renewable energy accounted for 52.3% of Germany's power consumption in the first six months of the year, up 3.1 points from a year earlier, on higher solar production and lower overall electricity usage, data showed on Tuesday.
read more... 28/06/2023