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Poland to ease wind farm rules, freeze energy prices
Poland's incoming government has submitted a draft law to the country's parliament to freeze energy prices in the first half of 2024 and liberalize rules to build wind farms.
read more... 30/11/2023
Finland opens auction for offshore wind totalling 7.5GW
The Finnish Government has announced a new offshore wind auction totalling 7.5GW to boost the country’s renewable energy generation
read more... 27/11/2023
North Sea nations agree to auction 15 GW/year offshore wind
Ministers of nine northwestern EU countries have agreed to commit to a combined annual offshore wind capacity auction of 15 GW to improve planning and coordination, they said after a joint meeting on Monday.
read more... 22/11/2023
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Daily (21.11.2023): European spot electricity prices surged by over 30% on Monday amid weaker wind, reduced nuclear availability, and a rising demand
Oil prices rallied further on Monday amid speculations that OPEC+ is considering deeper cuts at the 26 November meeting in Vienna. Consequently, Brent crude settled at $82.32 per barrel, up by 2% day-on-day. WTI crude climbed by 2.6% to end at $77.83 per barrel.
read more... 21/11/2023
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Brussels readies ‘trade instruments’ to protect EU’s struggling wind industry
The European Commission is considering using its “trade instruments” as the EU’s wind industry continues to struggle with fierce competition from China, high raw material prices, rising interest rates, and slow permit-granting processes.
read more... 20/11/2023